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CEFC, CBA finance car dealership energy efficiency loan

RACHEL ALEMBAKIS  |  THURSDAY, 2 APR 2015  |  NEWS
... consumption needs such as air conditioning and lighting due to floorspace and security requirements, the CEFC noted. The total project will include the installation of around 260kW of rooftop solar PV, as well as the LED lights. The new LED lighting ...

Aust/NZ investors committed to ESG in alt investments: Mercer

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 APR 2015  |  NEWS
... Partners and Mercer surveyed 97 institutional investors across 22 countries. Australia/NZ respondents constituted 12% of the total participants in the survey. Australian/NZ investors and European investors had the highest proportion of investors who ...

ASIC issues report on payday lending

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAR 2015  |  NEWS
... million, which ASIC said is an increase of approximately 125% since 2008, and means that payday lenders represent 0.4% of the total consumer credit market in Australia. By way of comparison, ASIC notes the payday lending industry in the United Kingdom ...

Investors consider ESG in alternative assets: Mercer

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 MAR 2015  |  NEWS
... Partners and Mercer surveyed 97 institutional investors across 22 countries. Australia/NZ respondents constituted 12% of the total participants in the survey. Australian/NZ investors and European investors had the highest proportion of investors who ...

Super funds show 5.7% jump in percentage of women directors

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAR 2015  |  NEWS
... represented 26.6% of trustees, an increase from 20.9% in 2013. However, the BDI did note that 21 superannuation trustee boards in total have no women at all. By contrast, the BDI found that 24.1% of ASX50 company directors are women, while 23.5% of ASX100 ...

NAB places second green bond

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAR 2015  |  NEWS
... wind farm, the bank has announced. The bond funding is for the Hallett Hill (HH2) wind farm in South Australia, which has a total capacity of 71.4 megawatts with 34 turbines. It is the first time an Australian renewable energy asset has been financed ...

Women on Boards tracks gender diversity gains

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAR 2015  |  NEWS
... that 30% target, 269 male directors would have to be replaced by women, or 400 women directors would have to be added, at a total cost of approximately AU$45 million per year. "This is an issue we raise with companies," Halliday said. "Given that there ...

Climate Bond Standard releases draft bioenergy criteria

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 MAR 2015  |  NEWS
... Climate Bond Standard cited International Energy Agency statistics saying that (IEA) that biofuels could provide 27% of total transport fuel. "The potential climate mitigation role of bioenergy is critical," said Sean Kidney, CEO of the Climate Bonds ...

Investors to engage with payday lenders over practices

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2015  |  NEWS
... rental agreements and their disclosure standards," Starke said. "If you go to their website, you see full disclosure of the total costs of contracts. They also don't lend into the subprime lending market - they lend to the middle-to high-space, which ...

Teachers Mutual Bank leads in community investment

RACHEL ALEMBAKIS  |  FRIDAY, 13 FEB 2015  |  NEWS
... "Data over 9 years has shown little change overall with the average standing at 0.54%. Contributions as a [percentage] of total revenue increased marginally this year to 0.10%, and the average contribution per employee also increased again this year. ...