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ICMM warns of risks of differing carbon pricing policies

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2011  |  NEWS
... capital investment is high for fossil fuels, non-ferrous metals, iron ore and other products, accounting for nearly half of total costs, with labour costs around 12% and intermediate inputs of around 40%. "This capital is tied to a specific resource ...

Woolworths' employment, supply chain policies in 2011 report

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 NOV 2011  |  NEWS
... 8.0 for 2011. LTIFR is calculated by multiplying the number of lost-time injuries by 1,000,000 and then dividing by the total hours worked in the accounting period. Woolworths has instituted a number of training programs for employees. Woolworths also ...

Pacific Hydro reduces carbon footprint 37%

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 NOV 2011  |  NEWS
... majority-owned assets. "The construction of the Chacayes run-of-river hydro project in Chile accounted for 83% of the company's total greenhouse emissions during the reporting period," the company said. "Over 1.1m litres of diesel fuel were consumed ...

Australian and NZ companies increase community giving in 2011

RACHEL ALEMBAKIS  |  FRIDAY, 25 NOV 2011  |  NEWS
A survey of 48 Australian and New Zealand companies has found that they contributed a total value of almost AU$259m to their community in cash, time, in-kind and management costs. According to the London Benchmarking Group (LBG) report on Australia ...

Green bonds form basis of new institutional investment funds

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2011  |  NEWS
... tenth of a basis point for its certification, but issuers must use a third party verifier to substantiate their bonds, so total costs works out to be around one basis point, Kidney noted. But weighing against that cost are the benefits of certification ...

Westpac reports sustainability progress, net profit

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2011  |  NEWS
Westpac Group has recorded increases in employee engagement and the percentage of women in leadership and decreases in its lost time injury frequency rate (LITFR) and greenhouse gas emissions, against a backdrop of a net profit of AU$6.99bn, an increase ...

Mirvac identifies 22 material sustainability issues

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2011  |  NEWS
... from the federal government's Green Building Fund, were recently completed and are expected to achieve energy savings in total of approximately 3,800GJ per annum. The works involved installation of a building management system, power metering systems ...

Elders reports increased lost time injury frequency rate

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 NOV 2011  |  NEWS
... the business." LTIFR is calculated by multiplying the number of lost-time injuries by 1,000,000 and then dividing by the total hours worked in the accounting period. Elders reported an effluent leak at its Charlton (Victoria) feedlot in January 2011 ...

Commonwealth Bank reports lower customer satisfaction

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 NOV 2011  |  NEWS
... LTIFR for 2010. LTIFR is calculated by multiplying the number of lost-time injuries by 1,000,000 and then dividing by the total hours worked in the accounting period. "A number of initiatives focusing on improving our health and safety systems and performance ...

GRI releases guidance for reporting on ecosystem services

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 OCT 2011  |  NEWS
... the organization in relation to safe ecological limits; volume of water consumed by the organization by source related to total water availability in areas of operation, including identification of water sources significantly affected by withdrawal of ...