Environmental

Impax Asset Management makes case for fossil fuel divestment

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUL 2013  |  NEWS
Eliminating the fossil fuel sector from a global benchmark index can yield a small positive return effect with low tracking error, according to analysis by Impax Asset Management.

Greenfleet registers two Carbon Farming Initiative projects

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 JUL 2013  |  NEWS
Greenfleet, a reforestation not-for-profit, has had two of its reforestation projects registered under the Carbon Farming Initiative (CFI).

Report: majority of businesses prefer floating carbon price

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 JUL 2013  |  NEWS
A majority of Australian businesses would prefer to see a floating price emissions trading scheme as opposed to the current fixed price regime, according to a survey by Businesses for a Clean Economy.

Algae.Tec signs agreement with Macquarie Generation

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 JUL 2013  |  NEWS
Biofuels company Algae.Tec has signed a deal with Macquarie Generation to site an algae carbon capture and biofuels production facility beside a 2640MW coal-fired power station in New South Wales.

CDP extends partnership with FirstCarbon Solutions

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUN 2013  |  NEWS
CDP will expand its partnership with FirstCarbon Solutions (FCS) to Australia, New Zealand, the Nordics and Benelux regions and India, bring extended services measuring supply chain carbon management and sustainability scoring to those countries.

GHG efficiency projects increase cities' finances and health

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2013  |  NEWS
Cities that undertake initiatives to reduce greenhouse gas emissions are reducing costs, potentially attracting new business and economic growth and taking steps aimed at improving the health of their residents, according to a report from CDP.

Greens call on Future Fund to divest from coal companies

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2013  |  NEWS
The leader of the Australian Greens party has called for the Future Fund to divest its investments in coal companies.

CDP signs agreements with SASB, GRI to further standards

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2013  |  NEWS
CDP has signed separate agreements to partner with the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI) with the intention of improving corporate reporting of climate change and sustainability issues.

GBCA: Green Star buildings more efficient, less wasteful

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 JUN 2013  |  NEWS
Green Star-rated buildings produce around one third the greenhouse gas emissions and use a third of the electricity consumed by the average Australian building, according to research from the Green Building Council of Australia (GBCA).

Natural Capital Declaration starts implementation phase

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 JUN 2013  |  NEWS
The Natural Capital Declaration (NCD) has started the next phase of its plan in which the financial institution signatories implement the initiatives' commitments.