Environmental

CDP: progress stalling on supply chain emissions reductions

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JAN 2014  |  NEWS
The progress to reduce carbon emissions within supply chains is stalling, even as more companies are recognising climate risk in their supply chains, according to research from CDP and Accenture.

NSW leasehold approved for Carbon Farming Initiative

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 JAN 2014  |  NEWS
An 8,500-hectare section of native forest in western New South Wales has been deemed eligible under the Carbon Farming Initiative (CFI) by the federal government.

CDP: investment in carbon reduction yields positive return

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2014  |  NEWS
Companies that allocate capital to carbon emissions reductions generate positive return on investment (ROI) of 33.6%, creating US$15.1 billion in value, according to CDP's third annual Carbon Action report.

ARENA co-funds South Australia solar thermal power study

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 JAN 2014  |  NEWS
The Australian Renewable Energy Agency (ARENA) will contribute AU$1 million to a feasibility study into solar thermal power generation at Port Augusta, South Australia.

ANREV real estate investors outperform global GRESB

RACHEL ALEMBAKIS  |  FRIDAY, 10 JAN 2014  |  NEWS
Members of the Asian Association for Investors in Non-listed Real Estate Vehicles (ANREV) outperformed the global sample in the Global Real Estate Sustainability Benchmark (GRESB) in the areas of management and policy, but need to improve their implementation ...

Australia passes 2m mark for small-scale renewable systems

RACHEL ALEMBAKIS  |  FRIDAY, 10 JAN 2014  |  NEWS
There are more than two million small-scale renewable energy systems operating in Australia, according to the Clean Energy Regulator.

LGS, VicSuper leaders in AODP climate investment index

RACHEL ALEMBAKIS  |  FRIDAY, 20 DEC 2013  |  NEWS
Local Government Super (LGS) and VicSuper are in the top five pension funds for their approach to managing climate risk, but overall, the world's largest asset owners are failing to manage the growing financial risks posed by climate change, according ...

CDP to broaden, enhance cities program with Bloomberg grant

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 DEC 2013  |  NEWS
Bloomberg Philanthropies has awarded CDP a three-year, US$4.1 million grant to expand and enhance the CDP's reporting platform and technical support for city governments.

Climate Friendly, Corporate Carbon Advisory in CFI project

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2013  |  NEWS
Climate Friendly and Corporate Carbon Advisory have developed a biomass project for inclusion under the Carbon Farming Initiative, and are exploring new projects for inclusion under the proposed Direct Action Plan.

Expanded EUAs could generate $4.5bn investment in Victoria

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 DEC 2013  |  NEWS
If environmental upgrade agreements (EUAs) are expanded to encompass commercial properties across Victoria, the EUA financing vehicle could generate AU$4.5 billion of commercially attractive investment and create over 18,000 jobs, according to new research.