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ASrIA: US$74bn in sustainable investment assets in Asia

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 JAN 2013  |  NEWS
Over 130 investment managers in Asia use sustainable investment approaches, and there is US$74bn of identified sustainable investment assets under management in the Asian region, according to a report from the Association for Sustainable and Responsible ...

Charter Hall publishes first sustainability report

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 JAN 2013  |  NEWS
Diversified property group Charter Hall has reported establishing a corporate responsibility and sustainability (CR&S) working group and increased embedding of environmental, social and governance issues in their businesses objectives in its first sustainability ...

John Colvin elected chair of international directors network

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 JAN 2013  |  NEWS
John Colvin, chief executive and managing director of the Australian Institute of Company Directors (AICD), has been elected chairman of the new Global Network of Director Institutes (GNDI). GNDI is an international partnership of nine corporate director ...

A view on Woolworths' corporate responsibility report

JOSH DOWSE  |  FRIDAY, 21 DEC 2012  |  NEWS
If you eat or drink in Australia, you're likely to have been a Woolworths customer once or twice this year. If not, you may have bought something in a big box from BigW or Masters, as Woolworths pushes to match its doppelganger Wesfarmers in every sector. ...

Climate Change Authority backs Renewable Energy Target

RACHEL ALEMBAKIS  |  FRIDAY, 21 DEC 2012  |  NEWS
The Climate Change Authority (CCA) has recommended that the government retain its renewable energy target (RET), which aims to source 20% of Australia's energy from renewable sources by 2020, a decision that has been welcomed as providing stability ...

Low Carbon Australia and CEFC to merge for 2013 launch

RACHEL ALEMBAKIS  |  FRIDAY, 21 DEC 2012  |  NEWS
Low Carbon Australia (LCAL) and the Clean Energy Finance Corporation have agreed to merge from 2013. Meg McDonald, Low Carbon Australia CEO The in-principle merger agreement will see LCAL's energy efficiency programs, staff, system, platforms roll into ...

Mercer study to investigate shareholder loyalty rewards

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 DEC 2012  |  NEWS
Mercer, Stikeman Elliott LP and the Generation Foundation are investigating the concept of loyalty rewards, instruments designed to reward corporate shareholders for retaining their shares over a longer time period. Helga Birgden Loyalty rewards are ...

Net Balance and ECO-Buy in sustainability service merger

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 DEC 2012  |  NEWS
Net Balance and sustainable procurement advisory firm ECO-Buy have merged, bringing together two leading specialist sustainability organisations. Cameron Neil, Net Balance The merger will see both entities increase the range of their sustainability ...

Low Carbon Australia finances $11m pilot energy project

RACHEL ALEMBAKIS  |  FRIDAY, 14 DEC 2012  |  NEWS
Low Carbon Australia is providing financing for an AU$11m pilot energy project in regional Victoria that will potentially improve power security during peak demand through providing lower-emissions power generation. Site of NovaPower's energy project ...

Duncan Paterson steps down as RIAA board chair

RACHEL ALEMBAKIS  |  FRIDAY, 14 DEC 2012  |  NEWS
Duncan Paterson has stepped down as board chair of the Responsible Investment Association of Australasia (RIAA). Duncan Paterson, CAER Under the RIAA constitution, board members are limited to 10 years' continuous service, which Paterson has reached ...