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WorldGBC launches Net Zero Carbon Buildings Commitment

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2018  |  NEWS
... Baden-Wurttemberg, Germany; Yucatan, Mexico; Navarra and Catalonia, Spain. The organisations are committed to eliminating a cumulative total of 209 million tonnes of carbon emissions equivalent (CO 2 e) from their buildings by 2050. That is the equivalent ...

CEFC reports 39 direct commitments worth $2.3 billion in FY18

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2018  |  NEWS
The Clean Energy Fiannce Corporation (CEFC) made direct commitments to 39 new projects, with a total value of $2.3 billion in the 2017-2018 financial year. Ian Learmonth, CEO, Clean Energy Finance Corporation The CEFC has released its 2018 Investment ...

Impact investments quadruple to $5 billion in two years: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 20 JUL 2018  |  NEWS
... for a data-set of 51 Australian impact investment products active at 31 December 2017, RIAA said. The 51 products have a total value of $5.8 billion (up from $1.2 billion at 30 June 2015). "Impact investing has left its infant state and is emerging as ...

New Forests acquires New Zealand assets, closes ANZFF2 fund

RACHEL ALEMBAKIS  |  FRIDAY, 13 JUL 2018  |  NEWS
... hardwood and softwood plantation exposure in Australia and brings our New Zealand estate to more than 48,000 hectares in total." Otago Land Company holds 22,500 hectares of freehold land on which Wenita operates via forestry rights. Wenita is the largest ...

Mercer advises Business As Different approach to ESG issues

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUL 2018  |  NEWS
With responsible investments reaching more than a quarter of all investments globally, Mercer is urging business leaders to adopt a "Business As Different" (B.A.D.) approach to environmental, social and corporate governance (ESG) issues. Alexis Cheang ...

Hedge funds allocate at least US$59bn to responsible investment: AIMA

RACHEL ALEMBAKIS  |  THURSDAY, 7 JUN 2018  |  NEWS
... the survey, around 40% of the respondents said they are already investing using responsible investment principles, with total assets in such investments worth $59 billion. One-in-five firms said they are now committing at least 50% of their firms' assets ...

CEFC makes its 10th investment in large-scale wind farm

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAY 2018  |  NEWS
... invested in wind projects via its commitments to green bonds and equity funds. Since the CEFC began investing in 2013, a total of 44 wind projects have been built or reached financial close in Australia. Those projects amount to just over 6GW of new ...

Australian Millennials question business motivations, ethics: Deloitte

RACHEL ALEMBAKIS  |  TUESDAY, 22 MAY 2018  |  NEWS
... Statistics in 2001/2002, over 80% of Australian companies provided staff training. Those who did spent around 2% of their total wages bill, on average, on training and education, according to Stacey Edmonds, Future of Learning leader and partner at Deloitte. ...

Australian Ethical Investment opens 2018 community grants program

RACHEL ALEMBAKIS  |  MONDAY, 14 MAY 2018  |  NEWS
... Investment has opened its 2018 community grants program and is inviting organisations to apply for a portion of the $300,000 in total to be awarded. Phil Vernon, Australian Ethical Investment managing director Australian Ethical donates 10% of its annual ...

Rising importance of sustainability in the commercial real estate industry

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2018  |  NEWS
... on organisations to be environmentally responsible. Finally, it is anticipated that by 2060, the industry will double its total global surface area, with the addition of over 230 billion square metres (sqm). This will have a large impact on the volume ...