Environmental

IIGCC calls for reform to EU Emissions Trading Scheme

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2012  |  NEWS
The Institutional Investors Group on Climate Change (IIGCC) has urged European Union ministers to consider changes to the EU's Emissions Trading Scheme (ETS) to ensure its viability.

Industry welcomes CEFC expert review

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 APR 2012  |  NEWS
Investors, banks and industry bodies welcomed the report on the structure of the Clean Energy Finance Corporation (CEFC), saying that the expert review panel's conclusions reflected a pragmatic view of the CEFC's role in facilitating private investment ...

RIAA to join in global report on responsible investment

RACHEL ALEMBAKIS  |  THURSDAY, 5 APR 2012  |  NEWS
The Responsible Investment Association Australasia (RIAA) will participate in a joint project with other sustainable investment organisations to report on the global scope of sustainable and responsible investment.

FlexiGroup joins Low Carbon Australia on financing program

RACHEL ALEMBAKIS  |  FRIDAY, 30 MAR 2012  |  NEWS
Low Carbon Australia has announced a partnership with FlexiGroup as part of its Energy Smart Finance program, offering small businesses access to energy efficient technology through lease financing.

Emerald Wrap launches, joins UNPRI

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 MAR 2012  |  NEWS
The Emerald Wrap, a dedicated responsible investment, superannuation and pension platform, has added RaboDirect, a division of Rabobank Australia, as a second term deposit provider to Bendigo and Adelaide Bank, and will become a signatory to the UN Principles ...

City of Sydney, Low Carbon Australia sign agreement

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 MAR 2012  |  NEWS
The City of Sydney and Low Carbon Australia have signed an agreement to encourage investment in low-carbon technologies by businesses, owners' corporations of apartment buildings and government.

Q&A with James Gifford, executive director of the UNPRI

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2012  |  NEWS
James Gifford is the executive director of the UNPRI. He is currently in Australia and met with The Sustainability Report to talk about PRI's progress, its future plans, the challenges to implementing responsible investment (RI,) and how PRI can assist ...

UNPRI writes letter to UNGC leaders and laggards

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2012  |  NEWS
A coalition of investors from 12 countries, including Statewide Super and New Zealand Superannuation Fund, have contacted 118 UN Global Compact (UNGC) companies on the issue of increased reporting on environmental, social and governance activities.

GPT Group reports 2011 reductions in waste, energy and water

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 MAR 2012  |  NEWS
GPT Group reported reductions in energy and water consumption as well as reductions in staff turnover and employee injuries, against a backdrop of realised operating income of AU$438.8m and net profit after tax of AU$246.2m, down from AU$707.3m in 2010.

Government grants $1.9m for geothermal exploration study

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 MAR 2012  |  NEWS
National ICT Australia (NICTA) has received an AU$1.9m government grant towards a project to provide enhanced data for targeted geothermal exploration.