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Highlights of a year in The Sustainability Report

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 JAN 2012  |  NEWS
2012 is set to be another full year for sustainability and environmental, social and governance considerations, including events like the Rio+20 United Nations Conference on Sustainable Development in June, we look back at the topics that stirred interest ...

NAB funds Melbourne building environmental upgrade agreement

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 DEC 2011  |  NEWS
National Australia Bank (NAB) has become the first private investor to fund an environmental upgrade agreement (EUA) in the City of Melbourne. The agreement, signed between NAB, the City of Melbourne, Low Carbon Australia and the owner of 123 Queen ...

Durban agreements to impact Australia's ETS

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
Although the multi-country climate change talks in Durban failed to yield a comprehensive treaty, the 17th Conference of the Parties (COP17) to the United Nations Framework Convention on Climate Change (UNFCCC) did result in extensions to programs that ...

Carbon Farming Initiative welcomed, more work to come

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
The launch of the Carbon Farming Initiative brings opportunities for landholders to generate tradeable carbon credits from carbon abatement and sequestration activities. At the moment, the CFI only recognises three procedures to generating carbon credits ...

CSL reports new anti-corruption policy, lower emissions

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
... lowered lost time injury frequency rates (LTIFR) by 30% and lowered energy consumption, greenhouse gas and waste intensity per unit of vaccine and plasma production, against a backdrop of net profit after tax of AU$941m. In their 2010-2011 corporate ...

NAB endorses natural capital declaration

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
National Australia Bank and Rabobank are the first two banks to endorse a financial sector declaration to address the use of natural capital by businesses. NAB has become a signatory of the Natural Capital Declaration, which affirms the importance of ...

Environmental Upgrade Agreements vehicle for green investment

RACHEL ALEMBAKIS  |  FRIDAY, 9 DEC 2011  |  NEWS
... of the City of Melbourne 1200 Buildings Program. The funds will allow for the installation of an energy efficient chiller unit and building management system upgrade that will result in a reduction of approximately 170 tonnes of carbon emissions per ...

David Bradbury announces inquiry on future of the AGM

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 DEC 2011  |  NEWS
Parliamentary Secretary to the Treasurer David Bradbury said that while regulators and legislators have not mandated one system of reporting on corporate social responsibility, companies should "think hard" about how to best report on environmental ...

Woolworths' employment, supply chain policies in 2011 report

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 NOV 2011  |  NEWS
Woolworths launched a Reconciliation Action Plan (RAP) to advance opportunities of Indigenous Australians and reported a 30% decrease in its lost time injury frequency rate (LTIFR), against a backdrop of a 5.1% increase in net profit to AU$2.124bn for ...

Pacific Hydro reduces carbon footprint 37%

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 NOV 2011  |  NEWS
... with the ultimate goal of achieving zero harm to our employees and contractors," the report said. "Our Brazilian business unit has risen to the challenge, completing 35 months without a Lost Time Injury or Medical Treatment Injury (as at 30 June 2011). ...