It’s raining water tanks

It’s raining water tanks: top tips for keeping them healthy and efficient Article published by CSIRO 11 February 2015 Author: Adam Knight Australia is the driest populated continent in the world, and yet our water consumption per person is among the highest on the planet. For Australians, water is scarce and how we manage this resource is a concern for us all. It’s no surprise that people are looking to install some form of water catchment for their property. Recent data shows that 26 per cent of Australian homes have already installed a rainwater tank and an overwhelming majority reported that they are positive about …

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New ASX guidelines to force sustainability reporting

By Kylar Loussikian, The Conversation Publicly listed companies will need to disclose exposure to economic, environmental and social sustainability risks for the first time under new corporate governance guidelines released today. The principles, issued by the ASX Corporate Governance Council, are the first since the global financial crisis. Companies have previously not been required to disclose non-financial risk. Sara Bice, a research fellow at the Melbourne School of Government, said the changes were a “big move”, particularly in the absence of government regulation. She said the changes fits with the new guidelines’ increased focus on transparency and disclosure. “These are …

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Climate impacts– analysing infrastructure interconnectivity and flow-on effects for Australian cities

Manidis Roberts, KPMG and The Climate Institute (TCI) collaborated to undertake an exercise to credibly identify, quantify and cost, climate impacts on city infrastructure (Melbourne) as a result of extreme heat event. We modelled the impacts on infrastructure and their interdependencies under a specified climate event. This provided a case study of the flow-on impacts of the damage to infrastructure from future climate events. We explored the interdependencies that play out between businesses and infrastructure owners and operators under future climatic conditions, such as an extreme heat, sea level rise or extreme rainfall events. The exercise identified nodes of interconnectivity …

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Integrated reporting “the next step”

FSinsight editor Jeroen Derwall, Assistant Professor at the Tilburg Center for Sustainability and at Maastricht University, talks about the upward trend that more companies are reporting on their sustainability practices. However, the quality of the reporting differs. He calls integrated reporting “the next step.”

Positive Carbon Management: The Buck Starts with the Environmental Data

What separates leaders from followers in the area of energy and carbon management?  Bigger cost reductions and better operating performance.  How do they achieve these results? By outperforming followers with executive sponsored programs and investing in technology to manage and analyse data. That’s the message to take away from a recent energy and carbon management report by research firm Aberdeen Group. What can be inferred from this report is that delivering improved business performance will, in the long term, only be achieved by a systematic and consistent approach to energy and carbon, which will accommodate the increasing complexity and quantity …

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Spreadsheets don’t cut it for tracking and reporting environmental data

What is it telling us when Microsoft, creator of the Excel spreadsheet, invests in a software solution to manage its environmental reporting requirements? According to Microsoft’s Chief Environmental Strategist, the solution “will enable us to efficiently collect, analyse and share environmental data, delivering new levels of understanding about the resources we use”. This is not a vote of no-confidence in the spreadsheet, but rather a good business decision to invest in fit for purpose solutions. Environmental management has, for most businesses, been a sideline issue that has attracted only passing interest from management. As a consequence, investment in tools to …

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ACSI ready to name and shame Half of listed companies provide no ESG disclosure

By Tony Featherstone: The Investor Daily More than half of Australia’s largest listed companies do not provide meaningful sustainability disclosure around environmental, social and governance risks. The sustainability reporting debate has gone up several notches, with the Australian Council of Superannuation Investors (ACSI) warning it might publicly name listed companies that ignore calls from the investment community for better disclosure in this area. ACSI, which represents about 40 industry funds with a total of more than $300 billion in funds under management, this month released its fifth annual analysis of sustainability reporting practices and disclosure of companies in the S&P/ASX …

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