Environmental

CEFC moves to Sydney as industry prepares for its launch

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2012  |  NEWS
As the federal government announced that the Clean Energy Finance Corporation (CEFC) will be located in Sydney, financial and investment institutions look to the CEFC's form and function as much as its location.

DEXUS head office, Republica Coffee declared carbon neutral

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 MAR 2012  |  NEWS
Republica Coffee and the head office of DEXUS Property Group has been certified carbon neutral by Low Carbon Australia.

Working group to develop Sharia-compliant green securities

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 MAR 2012  |  NEWS
The Climate Bonds Initiative, the Clean Energy Business Council of the Middle East and North Africa and The Gulf Bond and Sukuk Association have formed a working group to develop best practices and promote the issuance of "green" sukuks, Sharia-compliant ...

Fourth Carbon Farming Initiative methodology approved

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2012  |  NEWS
The Carbon Farming Initiative (CFI) is moving ahead, having recently approved a fourth procedure to measure and calculate emissions reductions. But legal experts note that there are several areas under discussion associated with the set-up and establishment ...

Strong overseas interest in EUA structure, opportunities

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2012  |  NEWS
There is strong overseas interest the structure of environmental upgrade agreements (EUAs) and the opportunities they present for commercial building owners and suppliers of waste, water and energy efficiency solutions, said Scott Bocskay, chief executive ...

GRI releases oil and gas sector guidance

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2012  |  NEWS
The Global Reporting Initiative (GRI) has released a new guidance for the oil and gas sector, providing a framework for disclosure of sustainability performance on metrics including environmental management, health and safety and emergency preparedness.

FTSE launch carbon risk indices for Australia, Europe and Japan

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 FEB 2012  |  NEWS
FTSE Group have launched four new indices within the FTSE CDP Carbon Strategy Index Series that weight listed equities in Australia, Europe and Japan based on their exposure to future carbon risks.

IGCC and others launch second global investor survey

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2012  |  NEWS
The Investor Group on Climate Change (IGCC) and two other climate change investor groups have launched a global investor survey that will include a new, comprehensive assessment of low-carbon investments.

CDP writes companies asking for carbon management and cuts

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2012  |  NEWS
The Carbon Disclosure Project (CDP) has sent letters to the CEOs of 415 of the largest companies around the world, calling for cost-effective management and reductions of their carbon emissions.

Corporate Social Responsibility as driver of innovation

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2012  |  NEWS
Corporate social responsibility (CSR) can be a vehicle for innovation and not just risk mitigation, and the challenge for CSR practitioners is to find the areas where businesses can use social needs as a source of profit generation.