Category Archive for "Sustainable banking & finance"

6
August

Fund managers incorporate climate risks into investment decisions – IGCC reports

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Posted by Ngaire

5 August 2013: A global alliance of investor groups have published a report identifying that fund managers incorporate climate risks into investment decisions. The alliance includes the European Institutional Investors Group on Climate Change, the North American Investor Network on Climate Risk, the.

3
August

Clean Energy Finance Corporation funds solar projects at Port Augusta, Moree and Beaudesert

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Posted by Ngaire

On 2 August 2013, The Clean Energy Finance Corporation (CEFC) announced the financing of several new solar projects at Port Augusta in South Australia, Moree in New South Wales and Beaudesert in South East Queensland. Sundrop Farms have announced in-principle agreement for CEFC to co-finance a major greenhouse development near.

25
June

Can we do without a clean energy finance bank?

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Posted by Ngaire

By Jenny Riesz The Opposition has clearly stated its intention to remove the Clean Energy Finance Corporation if it takes government at the next election. Will the Coalition introduce another mechanism to take its place? How will an Abbott Government make sure Australia brings to market the diverse range of renewable technologies we need to.

9
May

Super investors continue push for improved sustainability reporting

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Posted by Ngaire

The Australian Council of Superannuation Investors (ACSI) has released The Sustainability Reporting Journey: Corporate Reporting in Australia – Disclosure of Sustainability Risks Among S&P/ASX200 Companies. Chief Executive Officer of ACSI, Ann Byrne notes the profound impact that environmental, social and governance (ESG) risks have on the long-term viability of companies and their investors to achieve sustainable growth.

3
May

Superannuation funds urged to examine impact of investments

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Posted by Ngaire

By Rachel Alembakis, 3 May 2013 The overall superannuation industry has not done enough to make investment decisions that take environmental, social and governance impacts into consideration, and it is not only possible but imperative to do so, two fund professionals said at the annual Australian Council of Superannuation Investors (ACSI) conference. Read the full story Read more

25
April

Subsidies for unburnable carbon need to go up in smoke

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Posted by Ngaire

By Chris Riedy, University of Technology, Sydney

More than half of global greenhouse gas emissions come from burning fossil fuels. Reducing and eventually eliminating fossil fuel use is a critical priority. Most of the world’s remaining fossil fuel reserves need to stay in the ground if we are to avoid dangerous climate change.

Yet.

26
March

Reports show increasing climate risks for investors

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Posted by Ngaire

New IGCC reports by the Australian National University on the Mining and Minerals, Property and Construction and Oil and Gas sectors show increasing climate risks for investors. Reports also show that cost effective mitigation and adaptation opportunities are available. At the Conference of Major Superannuation Funds yesterday in Brisbane, IGCC launched three new reports examining climate change.

21
March

Melbourne to host international sustainable banking event

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Posted by Ngaire

Melbourne will be the venue for a conference of the world’s sustainable banks in March 2014, the Global Alliance of Banking on Values (GABV) announced today in Berlin. Hosted by GABV member and Australia’s first customer-owned bank, bankmecu the conference will bring 22 of the world’s leading sustainable banks, from Asia, Africa, Latin America to North.

10
March

To be good corporate citizens, banks must improve their sustainability reporting

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Posted by Ngaire

By Sara Bice, University of Melbourne “Events over the past couple of years have raised profound questions about the ways in which banks and businesses contribute to society. For both to play their full part, they must restore trust and become better citizens in a publicly demonstrable way.” So writes disgraced Barclay’s CEO Bob Diamond.

20
February

Westpac’s $6b green lending plan for clean technology and environmental services

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Posted by Ngaire

By Sophie Vorrath in RenewEconomy on 20 February 2013 Yesterday we reported that Westpac had committed $6 billion in funding for clean technology and environmental services lending, as part of its newly launched five-year, $8 billion 2017 sustainability strategy. Since then, RenewEconomy emailed Emma Herd – Westpac’s executive director of emissions and environment – to ask what.

Category Archives: Sustainable banking & finance