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NAB funds Melbourne building environmental upgrade agreement

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 DEC 2011  |  NEWS
... and the terms of the loan goes for 10 years, Bocskay said. The EUAs with the owners of 123 Queen Street and KTP bring the total number of EUAs signed by the City of Melbourne to three. Bocskay noted that the 123 Queen Street building is the first building ...

CSL reports new anti-corruption policy, lower emissions

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
... ongoing assessment of risk in this area," the company said. CSL's water consumption increased by 2.2% and its estimated total scope 1 and scope 2 greenhouse gas emissions for manufacturing facilities was 165 kilotonnes Co2-e for 2010-2011, an increase ...

Use of renewable energy to grow by 6% a year to 2035

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 DEC 2011  |  NEWS
... mandatory target of 45,000 gigawatt hours of electricity to be supplied from renewable energy sources by 2020 - around 20% of total electricity generation. BREE projects that the share of renewables in total electricity generation could reach up to 24% ...

RIAA: responsible investment funds grew 8% in 2011

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 DEC 2011  |  NEWS
... by 7% from AU$15.41bn to AU$16.52bn, an increase of AU$1.1bn. This 8% increase is stronger than the broader market, with total assets under management for all strategies rising 1.8% in the same period, according to RIAA's Responsible Investment 2011 ...

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 ...