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Greg Bourne appointed acting chair of ARENA

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
Greg Bourne has been appointed acting chair of the Australian Renewable Energy Agency (ARENA) board by Minister for Resources and Energy Martin Ferguson. Resources Minister Martin Ferguson ARENA, which commences in July 2012, will be an independent ...

SAP: sustainability for innovation as well as cost reduction

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 MAY 2012  |  NEWS
SAP, the business management software provider, has integrated sustainability metrics into its corporate strategy for both internal cost reductions and as a source of corporate innovation, using a stakeholder body of executives and customers to gather ...

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
NAB, Good Shepherd Microfinance and the Victorian state government have launched an AU$7.8m retail project to provide access to microfinance products, financial counselling and other services to financially excluded people in Victoria. Good Shepherd ...

Low Carbon Australia to provide financing to foundries

RACHEL ALEMBAKIS  |  FRIDAY, 27 APR 2012  |  NEWS
Low Carbon Australia has developed a financing program tailored to foundry manufacturers seeking to invest in energy-efficient upgrades to equipment and processes. Low Carbon Australia is working with the Australian Foundry Institute (AFI) to inform ...

Carbon Farming Initiative grants for biochar research

RACHEL ALEMBAKIS  |  FRIDAY, 27 APR 2012  |  NEWS
The Department of Agriculture, Fisheries and Forestry (DAFF) has awarded AU$2m in funding to five research projects that will investigate how farmers can participate in the Carbon Farming Initiative (CFI) by using biochar to reduce carbon emissions. ...

QIC selects Molpus Woodlands Group for timber mandate

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 APR 2012  |  NEWS
QIC has selected the US-based Molpus Woodlands Group as an investment partner, with the timberland specialist purchasing approximately 42,000 acres of timberland on QIC's behalf. James Dick, QIC head of alternative investments The AU$63.5bn institutional ...

Sustainable workforce a material corporate issue

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2012  |  NEWS
As companies and organisations look to manage their material sustainability factors, the issue of a sustainably managed and motivated workforce is coming to the forefront. While occupational health and safety issues are routinely managed and reported ...

CFSGAM reports top quartile performance in UNPRI principles

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2012  |  NEWS
Colonial First State Global Asset Management (CFSGAM) is rated as performing in the top quartile of global investment managers for five of the six UNPRI principles, and the firm has reaffirmed its commitment to leadership in integrating ESG considerations ...

LCA-financed retrofitted office building sells for $12.25m

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2012  |  NEWS
A commercial property in Brisbane that underwent an energy efficient retrofit financed by Low Carbon Australia has been sold for AU$12.25m, representing a 17% internal rate of return (IRR). O'Connell's OBM House, an office building at 26 Wharf Street ...