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WBCSD’s Peter Bakker announces Sustainable Business Australia is now the Business Council for Sustainable Development Australia

The President and CEO of the World Business Council for Sustainable Development (WBCSD), Peter Bakker, will announce today that Sustainable Business Australia is relaunching as the Business Council for Sustainable Development Australia (BCSD Australia).
The new BCSD Australia can be found at www.bcsda.org.au
Established in 1991, Sustainable Business Australia (SBA) has been the peak body for Australian businesses committed to sustainability and acting on climate change. It is a CEO-led coalition of leading corporate names and organisations. It was recently announced that Dr John Hewson from the Australian National University had joined the SBA Board of Directors and Dr Hewson is the Chair-elect for the newly named BCSD Australia.
Peter Bakker will announce the creation of BCSD Australia as he delivers the Fiona Wain Oration today with Australia’s sustainable business leaders in attendance. Fiona Wain was the second CEO of SBA. The Oration was established in remembrance of her impressive legacy in leading sustainability action in the business sector.
“The Sustainable Development Goals and the Paris Agreement signal the need for a deep change in the way our economies work, and in the way our energy, mobility, urbanisation, food and social systems contribute to planetary and societal well-being. We advocate that business has a leading role to play as the world embarks upon this vital journey,” said Mr Bakker. “In fact, forward-looking companies are not only integrating sustainability at the core of their strategy, decision-making, and disclosures; as long-standing masters of innovation, they are also ideally positioned to become the implementation partner of choice to capture opportunities across systems change.”
“In Australia – and around the world – it is the time for greater corporate leadership. BCSD Australia will be instrumental in accelerating the transition to a future where more sustainable business in this country is more successful.”
“Boards need to ensure that the businesses they oversee are transparent, and management needs to disclose investment grade, forward-looking and decision-useful ESG information to meet the demands of their investors and better understand their risks and opportunities, while adhering to their fiduciary duties. Doing so will allow investors to integrate the sustainability risks in their valuation models and as such lower the cost of capital for more sustainable companies,” Mr Bakker said.
ENDS.
For more information, please contact:
Andrew Petersen
CEO, Sustainable Business Australia
t: +61 (0)2 8005 0780
m: +61 (0)412 545 994
About Sustainable Business Australia
SBA was established in Australia in 1991 and is the peak body for support and advocacy for sustainable business activities in Australia. In 2014 SBA was appointed Australia’s Global Partner for World Business Council for Sustainable Development (WBCSD) and in 2018 selected as the Australian focal point for collaboration with the Natural Capital Coalition.
SBA’s members include leading Australian businesses, from all sectors, who share a commitment to economic, environmental and social development. SBA represents member companies, public sector enterprises and institutions, BINGOs and community organisations, which in turn represent 100,000+ Australian employees.
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News: Global forestry investment manager New Forests joins Sustainable Business Australia

Sustainable Business Australia (SBA) warmly welcomes New Forests to its membership, joining more than 35 other leading names in business and the environment which are committed to sustainability and action on climate change.

Headquartered in Sydney, New Forests is a sustainable real assets investment manager offering leading-edge strategies in forestry, land management, and conservation. Founded in 2005, the company is a demonstrated leader in responsible investment in the forest sector, offering institutional investments that seek to deliver attractive financial returns alongside sustainable impacts. New Forests focuses on geographic investment strategies in Australia and New Zealand, Southeast Asia, and the United States, with 5 billion in assets under management globally.

The firm is differentiated by its approach to sustainable landscape investment, whereby each of its investment strategies focuses on commercial opportunities that advance action on climate and sustainable development in the forest sector. New Forests manages more than 950,000 hectares of land and forests in the Asia-Pacific region and the United States for sustainable timber production and conservation. The company also manages timber processing businesses and infrastructure assets and has an international timber marketing and trading subsidiary.

New Forests also recently joined the World Business Council for Sustainable Development, for which SBA is the Australian global network partner.

“New Forests adds significant weight to our already impressive membership,” said Andrew Petersen, CEO of Sustainable Business Australia. “The real-world impact of New Forests’ investment strategies cannot be overstated. It sets the standard for investment managers simultaneously delivering transformational change and impressive, sustainable returns for clients.”

“We particularly look forward to New Forests participation in our Land, Food and Water working group.”

New Forests’ CEO David Brand stated, “We look forward to deepening our engagement with our Sustainable Business Australia peer members to ensure our independent and collective actions deliver good outcomes for society and the environment. It is now evident that the world’s forests must be harnessed as an engine of climate mitigation and emissions removals, and it’s through business groups like SBA that we believe we can raise ambitions to grow the low-carbon economy in a sustainable and equitable manner.”

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Media release: Dr John Hewson joins Sustainable Business Australia board as new Chair-elect

Australia’s peak body for sustainable business, Sustainable Business Australia (SBA), is pleased to welcome leading voice on business, economics and action on climate change, Dr John Hewson, as the new Chair-elect to its Board.

“Dr Hewson joining Sustainable Business Australia as Chair comes at crucial time as questions of corporate accountability and leadership become key community and investor issues,” said Andrew Petersen, CEO of Sustainable Business Australia.

“John’s expertise and pragmatic business approach will also be invaluable through the work and leadership of our Australian business member community on climate action, as well as integrating social and environmental impacts with financial results, lowering their risk profile, making better decisions and leading the solutions that are laid out in the Paris Agreement and the Sustainable Development Goals (SDGs).” Petersen said.

“John is a highly respected economic and business leader with a long track record on sustainability and action on climate change dating back to his ambitious emission reduction policy in 1993,” says outgoing Chair and Director, Jacqueline Fegent-McGeachie, SBA Board Director (GAICD), Founder & CEO, Sustainovate.

“We couldn’t be more pleased to have him join our Board of Directors.”

“I’m delighted to join the Board of a business leadership organisation where forward-thinking businesses and organisations work together to accelerate the transition to a sustainable Australia and a sustainable world,” said Dr Hewson.

“With the strong partnership that SBA has with the CEO-led organisation, the World Business Council for Sustainable Development led by President and CEO Peter Bakker, SBA members are connected into a global business community that works to find solutions to some of the big questions, such as: how to get to net zero emissions by 2050? How can we help to make our cities more sustainable and liveable? And how can business lead the transition to a sustainable world while still growing and delivering for shareholders?”

 

ENDS.

For more information, please contact:
Andrew Petersen
CEO, Sustainable Business Australia
t:             +61 (0)2 8005 0780
m:           +61 (0)412 545 994
w:           www.sba.asn.au

 

About Sustainable Business Australia

SBA was established in Australia in 1991 and is the peak body for support and advocacy for sustainable business activities in Australia. In 2014 SBA was appointed Australia’s Global Partner for World Business Council for Sustainable Development (WBCSD) and in 2018 selected as the Australian focal point for collaboration with the Natural Capital Coalition.

SBA’s members include leading Australian businesses, from all sectors, who share a commitment to economic, environmental and social development. SBA represents member companies, public sector enterprises and institutions, BINGOs and community organisations, which in turn represent 100,000+ Australian employees.

About Dr John Hewson AM

Dr John Hewson is an economic and financial expert with experience in academia, business, government and the financial system. He has worked as an economist for the Australian Treasury, the Reserve Bank, the International Monetary Fund and as an advisor to two successive Federal Treasurers and the Prime Minister.

Dr Hewson’s political career included eight years as the Federal Member for Wentworth in the Federal Parliament during which time he also served as Shadow Finance Minister, Shadow Treasurer and Shadow Minister for Industry and Commerce, and then leader of the Liberal Party and Federal Coalition in Opposition for four years.

Since leaving politics in early 1995, Dr Hewson has run his own private investment banking business and served as an advisor and board member for a number of businesses and charities. He has also enjoyed a distinguished academic career at some of Australia’s leading universities, most recently joining the Australian National University as Professor and Chair of the Tax and Transfer Policy Institute.  The Australian National University is a member organisation of Sustainable Business Australia.

 

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Media release: SBA welcomes Nissan Australia to its membership

Australia’s peak body for sustainable business, Sustainable Business Australia (SBA), warmly welcomes leading vehicle manufacturer and electric vehicle innovator, Nissan, as a member.

By joining SBA, Nissan is escalating its local commitment to sustainability and leveraging its existing global membership of the World Business Council for Sustainable Development (WBCSD), of which SBA is the Australian global network partner.

Nissan is one of the country’s biggest automotive brands and sells a range of popular vehicles including the Nissan Qashqai, Nissan X-TRAIL and the Nissan Pathfinder, and introduced the very first all-electric car to the market, the Nissan LEAF.

Anchored by the company’s ongoing Nissan Green Program, which was launched in 2001 with a long-term vision toward 2050, Nissan is increasingly being recognised for its commitment to improving the sustainability of its operations and its vehicles.

In June this year, Nissan launched Nissan Sustainability 2022, a comprehensive plan to reduce the company’s environmental impact, strengthen diversity and inclusion, and enhance governance, across all of its operations, including Australia.

“It is fantastic to have Nissan join Sustainable Business Australia as part of its local efforts to fulfil its Sustainability 2022 plan,” said Andrew Petersen, CEO of Sustainable Business Australia.

“We’re excited to have such a forward-thinking vehicle manufacturer join us and demonstrating sustainability leadership in the automotive space.”

While Nissan’s Sustainability 2022 initiative is global in its reach, Nissan is committed to driving positive outcomes locally.

“Nissan is working towards a zero-emission, zero-fatality society,” said Nissan Australia managing director, Stephen Lester.

“We have a number of environmental, social and governance initiatives in place that are forward focused and ongoing.

“For example, at our dedicated manufacturing plant in Melbourne we are looking at what we can do to reduce C02 emissions and the use of raw materials, and how we can recycle more and use less power and water.

“People, inside and outside of the business, are also a priority. We look at how we can give more support in the community, which we do via our partnership with Fareshare, and focus on diversity and inclusion in the workplace.

“We are proud of our initiatives and proud to be a member of Sustainable Business Australia.”

For more information, please contact:

Andrew Petersen
CEO, Sustainable Business Australia

t:             +61 (0)2 8005 0780
m:           +61 (0)412 545 994
w:           www.sba.asn.au

About Sustainable Business Australia

SBA was established in Australia in 1991 and is the peak body for support and advocacy for sustainable business activities in Australia. In 2014 SBA was appointed Australia’s Global Partner for World Business Council for Sustainable Development (WBCSD) and in 2018 selected as the Australian focal point for collaboration with the Natural Capital Coalition.

SBA’s members include leading Australian businesses, from all sectors, who share a commitment to economic, environmental and social development. SBA represents member companies, public sector enterprises and institutions, BINGOs and community organisations, which in turn represent 100,000+ Australian employees.

About Nissan Motor Co., Ltd.

Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2016, the company sold 5.63 million vehicles globally, generating revenues of 11.72 trillion yen. In fiscal 2017, the company embarked on Nissan M.O.V.E. to 2022, a six-year plan targeting a 30% increase in annualized revenues to 16.5 trillion yen by the end of fiscal 2022, along with cumulative free cash flow of 2.5 trillion yen. As part of Nissan M.O.V.E. to 2022, the company plans to extend its leadership in electric vehicles, symbolized by the world’s best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has a global workforce of 247,500 and has been partnered with French manufacturer Renault since 1999. In 2016, Nissan acquired a 34% stake in Mitsubishi Motors. Renault-Nissan-Mitsubishi is today the world’s largest automotive partnership, with combined sales of more than 10.6 million vehicles in calendar year 2017.

For more information about our products, services and commitment to sustainable mobility, visit nissan-global.com. You can also follow us on Facebook, Instagram, Twitter and LinkedIn and see all our latest videos on YouTube.