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Australia in top ten for GRI sustainability reporting

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 MAY 2012  |  NEWS
Australia is one of the top ten countries for sustainability reporting using the Global Reporting Initiative (GRI) framework, according to a statistical analysis of the GRI Sustainability Disclosure database. Australia had 4% of the total number of ...

Climate change realities necessitate superannuation response

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
... climate change and the affirmative policy moves of governments around the world to mitigate their impacts means that Australia's renewable energy target and carbon pricing regime is not an outlier, and also means that investors must manage the financial ...

Superannuation funds increasingly act, invest sustainably

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
While 80% of superannuation funds have told research firm SuperRatings that they believe they have a responsibility to operate sustainably, only 20-30% of those respondents measure and report energy, waste and water usage regularly. In their annual ...

Greg Bourne appointed acting chair of ARENA

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
... commercialisation, and has been a former director of Carnegie Wave Energy and chief executive officer of the World Wildlife Fund Australia from 2004 to 2010. Additionally, Ferguson also announced the appointment of Brian Spalding to the board, in addition ...

SAP: sustainability for innovation as well as cost reduction

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 MAY 2012  |  NEWS
... information that feeds product development. The global company's focus extends down into subsidiary operations. At SAP Australia and New Zealand, the company implements the global strategy as well as responding to local factors, said Karen Zwissler ...

Low Carbon Australia certifies water recycling plant

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 MAY 2012  |  NEWS
Low Carbon Australia has certified as carbon neutral Western Water 's Class A Recycled Water Plant in Melton, north-west of Melbourne. The Melton plant's biogas cogeneration facility uses methane emissions generated from the water recycling process ...

NAB partners to launch Victorian microfinance retail hubs

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
... retail hub offering of its type anywhere in the world, Good Shepherd Microfinance has run microfinance operations in Australia for 31 years Mooney said. Over that time, 96% of no-interest loans have been repaid in full, which is comparable to mainstream ...

AMP hires Ross Andrews as ESG research associate

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
... AMP Capital's head of ESG research. Andrews has worked at consultants KPMG and PwC in the area of sustainability in Australia and South Africa. He has also worked as an environmental consultant in South Africa and Mozambique, primarily in the mining ...

LGS audit finds ASX has higher carbon, lower ESG risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAY 2012  |  NEWS
... international equities focused on low-carbon industries, but Hartnett said there aren't opportunities for a similar mandate in Australia. "In international equities, we have an allocation to a specialist thematic manager investing in low carbon industries ...

ASIC details AFS licence process for carbon credit trade

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAY 2012  |  NEWS
The Australian Securities and Investments Commission (ASIC) has published the details of how to register for the licensing process for those intending to provide financial services in carbon units under the federal pricing regime. ASIC will accept registration ...