Australian real estate companies still top of Global Dow Jones Sustainability Index

Several Australian real estate companies have topped the 2020 Global Dow Jones Sustainability Index (DJSI) real estate rankings, which measures and tracks global corporate ESG practices. Dexus managed the highest score for the second year running in the 2020 assessment of any real estate company, scoring 89/100. Stockland came in second at 86/100. The industry […]

Now for airconditioning-as-a-service

A Singaporean business offering airconditioning as-a-service has its sights set on Australia, which could bring cheaper, ultra-efficient cooling to Australian buildings. Kaer’s revolutionary airconditioning model borrows from other industries that have “servitised” their offerings, such as Uber (mobility) and Spotify (music), which provide access to products rather than ownership. Rather than a building owner procuring […]

“I’ve keenly watched the rise of outstanding Indigenous business leaders and their activities get greater recognition”

Nancia Guivarra has discovered some great Aboriginal and Torres Strait Islander businesses working in sustainability for The Fifth Estate in 2020, as part of our series on this topic. Here she pauses to reflect on NADIOC week and its meaning for all Australians. NAIDOC week is an annual recognition and celebration of the achievements of Aboriginal […]

Blue IoT in growth mode, with an award to boot

Smart building management company Blue IoT is growing fast. According to Blue IoT’s founder and chief innovation officer Bob Sharon the company has grown from four to 10 employees (plus four advisors) since August last year with plans to hire “a bunch more people” and run an internship program. The company also snapped up a 2020 […]

Schneider Electric on-track with sustainability targets

Schneider Electric is on target to meet its goal to source 80 per cent of its electricity via renewable energy sources – reaching 65 per cent as of September 30 as part of its self-imposed sustainability targets. The company has been measuring its environmental and social impact via its internal Schneider Sustainability Impact (SSI) dashboard […]

Why Exxon has been tossed over by a green company and the new Lendlease green bond is oversubscribed

FINANCE: Green bonds and other sustainable finance vehicles are still booming amid the pandemic. In fact they’re seen as lower risk than traditional investments. It’s no surprise then that Australian property companies are getting on board.  Global green bond issuance passed the $1 trillion-mark last week and Australian property giant Lendlease is not missing out on […]

ClimateWorks highlights leaders in net zero ambitions

Take a bow City of Sydney and Melbourne, the ACT, Moreland City Council and the Northern Beaches. Local government councils have been extremely proactive with their emissions reductions commitments, with gfive of the 57 councils assessed already meeting the gold standard, according to ClimateWorks’ Net Zero Momentum Tracker. The Tracker aims to bring emissions reduction […]

Inception Strategies – a high end comms business with a strong eye on procurement

This high end communications and media business is known for its television production ads, graphic design and events, and it hires a raft of illustrators, filmmakers and audio engineers. Today it’s branched into the ballooning procurement advisory business, especially in construction and infrastructure. Damian Amamoo and his wife Elsie are the owners of Inception Strategies […]

Australian companies blitz UN’s leadership board for responsible investment

Seven Australian asset owners and investment managers have been named top performing responsible investors along with 36 other organisations from around the world. AMP Capital Investors, Australian Ethical Investment, Charter Hall, Dexus, CBUS Superannuation Fund, Lendlease, Aware Super and Manulife Investment Management have all earned a position on the 2020 UNPRI Leaders’ Group A spot on […]

Budget 2020 steps a toe in the water for sustainability

Infrastructure emerged as a winner in the federal government’s big-spending 2020-21 budget and now the hard part: making sure these “nation-building” projects are sustainable. Money is flowing into the built environment, with the government’s “JobMaker Plan” including an increase to the government’s infrastructure investment pipeline by $10 billion to $110 billion over 10 years. The […]

There has never been a more vital time to be a B Corp

No individual person, country or organisation can solve the myriad of challenges facing societies. Collaboration is critical – and businesses can, and should, be at the forefront, using their business to positively impact their stakeholders and the environment. There is a global community of companies that believe in the power of business to help solve […]

South Korea goes green because it’s good for the economy. And Australia?

South Korea, one of the world’s largest per capita emitters of carbon emissions, has embarked on a green recovery to kickstart its economy. It’s the same approach taken by a growing chorus of global leaders. Korea has recognised climate change and that its effects are accelerating, with climate related disasters piling up. Just this month, […]

Hunter region – moving from “coal country” to clean energy

Almost all councils in the Hunter region – one of NSW’s largest coal-producing areas – have now made the commitment to move away from coal and gas and towards a cleaner future powered by renewables. Lake Macquarie City, Port Stephens and Cessnock City have today become the latest members of the Cities Power Partnership (CPP), […]

Brad Draper: building Aboriginal social housing with long term sustainability in mind, and practice

INDIGENOUS BUSINESS SERIES: With his start up building company Aboriginal Sustainable Homes, Brad Draper, a Wiradjuri leader, legendary former rugby league player now businessman and racehorse trainer, has built a duplex that’s slashed maintenance costs, keeps temperatures stable and now he’s got a contract to do another 60. Time for a cash injection to scale […]

Coles joins ALDI with bold renewables commitments – will Woolworths follow suit?

Both Coles and Aldi now have ambitious clean energy commitments. Will Woolworths follow suit? Coles has committed to sourcing over 90 per cent of its energy requirements from clean energy sources, hot on the tail of ALDI’s commitment a month earlier to purchase 100 per cent of its energy from renewable sources by 2021. Through […]

Consulting giants targeting net zero but is it enough?

On Tuesday, KPMG Australia’s head of oil & gas Jonathon Peacock sent out strong note of support for the government’s gas plans announced that day, despite widespread criticism on environmental and economic grounds. So how is the rest of the company thinking on climate change? And what about the other giants of consulting that make […]

Cruising down the road to Donald Horne’s Lucky Country

OPINION:  For near on 30 years we have cruised down the road of economic growth feasting on the fruits of the “lucky country”.  Sure, there were a few speed bumps along the way, a few wrong turns, and more than a few prime ministers, but it was mostly smooth sailing.  Hit in the face by […]

Michael Hromek on how to consider Indigenous thinking in design

Yuin man Michael Hromek says he’s got his dream job. He works as the technical executive of Indigenous design at WSP, a multinational engineering and design firm that specialises in infrastructure, buildings, and sustainability, and says it’s been steadily working towards a vision that includes Aboriginal design in all its work. Hromek says the company’s […]

After Juukan Gorge – can anyone ever believe an ESG rating again?

What do companies do once they’ve been evaluated on their environmental, social and governance (known as ESG) performance? It’s a good question when you think about Rio Tinto following its out-of-the-league act of global vandalism in destroying a 46,000 year old sacred site of major significance in human history just to get to the ore […]

The clash between business and sacred sites is far from over

Rio Tinto’s destruction of a 46,000 year old, registered Aboriginal heritage site, Juukan Gorge in May this year, has exposed the weakness of the Western Australian Aboriginal Heritage Act 1972 (Act).  But Aboriginal representatives say a newly drafted Aboriginal Cultural Heritage Bill 2020 probably won’t change anything; they’re not hopeful that Aboriginal heritage sites in […]