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Article
21 October 2007

Environmental, human rights recognition can improve investments

Author: Peter Hannam, The Age [Australia]

Calibrating investment decisions to take into account environmental and social concerns may actually deliver above-average returns, according to a year-long review of academic studies led by HSBC, Europe's biggest bank. The release of the HSBC study...

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Article
23 April 2007

Business to the Rescue [Papua New Guinea]

Author: The National [Papua New Guinea]

…Eleven years after the medical miracle…[of] the…“cocktail” of [HIV/AIDS] medications, very few of our people have been able to access the drugs...Some individual business[es]…were quick to get involved in...The ANZ Bank was prominent, as was timber...

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Article
1 November 2006

Financial sector responsibility - The State of the Art

Author: Andrew Newton, Ethical Corporation

Report chapters include: "Reputations at risk"; "Ethical finance"; "Interview: Henry Paulson - On taking Goldman Sachs green"; "Equator Principles"; "Islamic finance"; "From prohibitions to public interest"; "Foreign banks in China"; "Consumer credit...

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Article
23 August 2006

ANZ attacked over PNG [Papua New Guinea] logging 'links' [Australia]

Author: AAP

Human rights and green groups have filed a complaint against the ANZ Bank for dealing with logging companies accused of rights abuses and environmental destruction in Papua New Guinea. The five groups, including the Human Rights Council of Australia...

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Story
23 August 2006

Australia: OECD Guidelines complaint lodged against ANZ bank for financing Papua New Guinea operations of Rimbunan Hijau (accused of rights & environmental abuses)

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Article
23 August 2006

[PDF] Submission of specific instance under the OECD Guidelines for Multinational Enterprises to the Australian National Contact Point - Concerning Facilitation by the Australia and New Zealand Banking Group Limited of illegal and environmentally and...

Author: Australian Conservation Foundation, Centre for Environmental Law and Community Rights, Environmental Law Centre (Papua New Guinea), Human Rights Council of Australia, PNG EcoForestry

This specific instance concerns ANZ’s support, through financing and provision of other financial services, of forestry businesses in Papua New Guinea that entail systematic serious human rights abuses, environmentally devastating logging practices...

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Article
11 May 2006

[PDF] Investors Risk Losing Billions by Misjudging Costs, Environmental Impact of Emerging-Market Pulp Projects

Author: Center for International Forestry Research (CIFOR)

False assumptions about the origins and the cost of wood used in emerging market pulp mills has led international investors to channel tens of billions of dollars worldwide into financially risky and environmentally destructive ventures, according to...

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Story
27 April 2006

Environmental record of Australian financial institutions: Report reveals large differences in performance

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Article
27 April 2006

[PDF] False Profits: how Australia's finance sector undervalues the environment and what we can do about it

Author: Australian Conservation Foundation

This Report is about the financial decision-making processes that lead to false profits, and how we can reform them. By drawing lessons from ten successful innovations in the finance sector, and supplementing them with a set of public policy reforms...

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Story
1 January 2006

Report raises concern about increasing investment in environmentally-harmful pulp mills in Indonesia, Uruguay, Brazil, China, Baltic States

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