Pollinate Energy to open operations in fifth city – Kanpur
Jun16

Pollinate Energy to open operations in fifth city – Kanpur

Pollinate Energy, a social enterprise that provides affordable solar lighting to people in India’s urban slums, will open operations in its fifth city, Kanpur, Uttar Pradesh. Kanpur is an industrial city of 3 million people, where over 85% of the communities surveyed live without or with partial electricity, over 75% of electrified households report daily power cuts, and the average weekly income for families living in unelectrified...

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VicSuper launches updated Socially Conscious investment option
Jun09

VicSuper launches updated Socially Conscious investment option

VicSuper has launched a Socially Conscious investment option, which invests in companies based on a custom index tailored to take into account action on climate change and on social issues like human rights and labour rights. VicSuper has offered an Equity Growth Sustainability option since 2001, but recently 2017, the $17 billion fund relaunched it as the Socially Conscious investment option. The changes to the option were spurred by...

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VicSuper affirms status as a tobacco-free superannuation fund
Jun02

VicSuper affirms status as a tobacco-free superannuation fund

Superannuation fund VicSuper has signed a global investor statement on tobacco and reaffirmed its status as a tobacco free superfund. This week marked World No Tobacco Day, and the AU$17 billion VicSuper signed the investor statement, which congratulates the World Health Organization (WHO) and global health ministers on tobacco control. It also supports the tobacco control measures already taken by governments and encourages the...

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Removing complicity in modern slavery?
May19

Removing complicity in modern slavery?

Ed note: The Sustainability Report is pleased to present this article from Katherine Christ of the University of South Australia and Roger Burritt of the Australian National University Dr Katherine Christ and Professor Roger Burritt Revealing the world of modern slavery is a critical aspect of movement towards a just and sustainable society. It is critical because exposing the stories of suffering as well as publicising moves...

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RIAA launches Impact Investment Forum to build scale in sector
May19

RIAA launches Impact Investment Forum to build scale in sector

The Responsible Investment Association Australasia (RIAA) has launched the Impact Investment Forum, taking over some of the assets from the Australian Advisory Board on Impact Investing and Impact Investing Australia. The Impact Investment Forum will act as a “dedicated hub to connect and deepen” the participation of government, philanthropy and the superannuation industry in impact investing, while furthering the research projects...

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Government to establish $1 bn National Housing Finance and Investment Corporation
May12

Government to establish $1 bn National Housing Finance and Investment Corporation

The government will establish the National Housing Finance and Investment Corporation (NHFIC), an affordable housing bond aggregator designed to attract private and institutional investment and provider cheaper, longer-term finance to the development of affordable housing. In the 2017 Budget, the government said that it would allocate $9.6 million for 2017-2018 to establish the NHFIC, which will begin operations from 1 July 2018....

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Fashion retailers increase reporting of human rights in supply chain: Baptist World Aid
May05

Fashion retailers increase reporting of human rights in supply chain: Baptist World Aid

The fashion industry is increasing its reporting and disclosure of human rights and labour rights issues in their supply chain, with Cotton On Inc, Pacific Brands and APG & Co receiving an A- in Baptist World Aid’s 2017 Ethical Fashion Report. The 2017 Ethical Fashion Report analysed 106 companies and assessed them on a grade scale of A to F. The report found that more than three quarters of companies know each of their...

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Good Shepherd Microfinance opens Good Money stores in Gold Coast, Cairns
Apr28

Good Shepherd Microfinance opens Good Money stores in Gold Coast, Cairns

Good Shepherd Microfinance has opened up two branches of its Good Money retail stores in Queensland. One Good Money store is located in the Gold Coast, the other in Cairns. The Good Money store is part of a partnership between Good Shepherd Microfinance, the Queensland Government and National Australia Bank (NAB). The Good Money stores offer the No Interest Loan Scheme (NILS), administered by Good Shepherd Microfinance, StepUP...

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