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Australian infrastructure underprepared for climate change

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 OCT 2012  |  NEWS
Australia's infrastructure is not equipped to handle more frequent, extreme weather events and other impacts of climate change, with the electricity, road and rail and financial services sector underprepared, according to a report from The Climate Institute. ...

Low Carbon Australia finances stadium lighting upgrade

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 OCT 2012  |  NEWS
Low Carbon Australia has helped finance a deal to install a clean technology lighting system has reduced the energy use at a New South Wales youth club stadium by 28%. The Central Coast Youth Club (CCYC) on the outskirts of Gosford, NSW, has installed ...

Trustees exposed to legal risk over climate change impacts

RACHEL ALEMBAKIS  |  FRIDAY, 26 OCT 2012  |  NEWS
Superannuation fund trustees are exposed to legal risks in the event of financial losses caused by the impacts of climate change, according to a report from the Asset Owners Disclosure Project (AODP). While superannuation and pension funds have an understanding ...

CDP: increased water risk awareness, lagging board response

RACHEL ALEMBAKIS  |  FRIDAY, 26 OCT 2012  |  NEWS
More companies globally are reporting awareness of the risks of water-related issues to the Carbon Disclosure Report (CDP), but there has been no change in number of companies with board-level oversight of water strategies. CDP invited 318 companies ...

Wesfarmers publishes 2012 sustainability report

RACHEL ALEMBAKIS  |  FRIDAY, 26 OCT 2012  |  NEWS
Wesfarmers reported decreases in greenhouse gas emissions and energy use, and a fall in lost time injury frequency rate, as well as increases in water consumption and declines in community contributions in its 2012 sustainability report. Wesfarmers' ...

RepuTex-ESG offering free ESG data on Asian companies

RACHEL ALEMBAKIS  |  FRIDAY, 26 OCT 2012  |  NEWS
RepuTex-ESG, a Hong Kong-based research firm, has launched a platform providing free environmental, social and governance data on Asian companies. RepuTex ESG-Connect provides research on over 1,200 companies across Asia in markets including China ...

AXA IM brings ESG equities analytic framework to Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2012  |  NEWS
AXA Investment Managers (AXA IM) will bring a new environmental, social and governance (ESG) framework to Australia, while launching new research demonstrating how integrating ESG into investment processes can augment decision making. Matt Christensen ...

Local Government Super wins property sustainability award

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2012  |  NEWS
Local Government Super (LGS) has been given an award by the Australian Property Institute (API) for the sustainability features of one of its Sydney properties. LGS office property, 120 Sussex St Sydney API gave LGS the Environmental Award for the Carnegie ...

Operational changes needed to strengthen AGM voting: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 19 OCT 2012  |  NEWS
Participants in the Australian institutional proxy voting system need to reform operational processes to prevent potential errors, according to a study released today by the Australian Council of Superannuation Investors (ACSI). The study was conducted ...

ACCSR: Governance and transparency material issues

RACHEL ALEMBAKIS  |  FRIDAY, 19 OCT 2012  |  NEWS
Stakeholders are asking for more transparency from sustainability reports, particularly around governance issues, according to research from the Australian Centre for Corporate Social Reporting (ACCSR). Leeora Black ACCSR has issued a report, Materiality ...