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Low Carbon Australia finances $11m pilot energy project

RACHEL ALEMBAKIS  |  FRIDAY, 14 DEC 2012  |  NEWS
... model across this national electricity market," he said. "The benefits are a lower carbon footprint and the avoided investment in distribution networks, which is obviously a pretty high profile question at the moment.... We are targeting areas where ...

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 ...

In 2040, when growth is a memory: Josh Dowse

JOSH DOWSE  |  FRIDAY, 14 DEC 2012  |  NEWS
George Monbiot doesn't hold back, and says it well. It's Christmas, and littering the family bonding and office pre-drinking are the trinkets of vacuous imagination. I can't do better than quote[1] him. After first reminding us that 99% of everything ...

Local Government Super leader on managing climate risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 DEC 2012  |  NEWS
The Asset Owners Disclosure Project (AODP) has released a global climate investment index ranking the world's largest institutional asset owners on how they invest to manage climate risk. Australia's Local Government Super (LGS) was ranked the top institutional ...

Unconventional gas development poses risks to investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 DEC 2012  |  NEWS
... must take into account, according to panelists in a recent Sustainalytics webinar. Pablo Berrutti,head of responsible investment Asia Pacific, CFSGAM The panelists identified three main investment risks to coal seam and shale gas extraction - fugitive ...

Good Shepherd Microfinance opens third Good Money site

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 DEC 2012  |  NEWS
Good Shepherd Microfinance has opened a retail site in Melbourne to provide access to microfinance products, financial counselling and other services to financially excluded people. Good Shepherd Microfinance CEO Adam Mooney at the Good Money launch ...

Will sustainability survive the end of the boom?

JOSH DOWSE  |  FRIDAY, 7 DEC 2012  |  NEWS
... associations want tape of any colour torn up. The nuance that sound sustainability falls outside regulation, and is a sound investment, may go unnoticed. In a survey of members of the Australian Industry Group [3], for example, CEOs were asked what has ...

Companies with carbon targets see higher reductions

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 DEC 2012  |  NEWS
... Carbon Action say in their 2012 report. Based on the data from responding companies in the high-emitting industries, investment in behavioural change had the highest internal rate of return and the second-highest efficiency of emissions reductions, and ...

MSCI: Asia Pacific, EU green building market show potential

RACHEL ALEMBAKIS  |  FRIDAY, 30 NOV 2012  |  NEWS
... research from MSCI. In the latest MSCI ESG IVA Industry Report: Real Estate, MSCI benchmarks 70 of the largest real estate investment trusts (REITs) globally, covering almost 200m sqm in space. The research shows that Asia Pacific REITs have, on average ...

Minerals Council of Australia implementing water accounting

RACHEL ALEMBAKIS  |  FRIDAY, 30 NOV 2012  |  NEWS
... improvement," he said. "The framework is about consistency. It can also be used to identify those areas where you can make investment to improve the way you measure or manage water." Although this is a standard developed by the Australian mining industry ...