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Net Balance

Locality: Melbourne, Victoria, Australia

Phone: +61 3 8641 6400



Address: Level 4, 460 Bourke Street 3000 Melbourne, VIC, Australia

Website: http://www.netbalance.com

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25.01.2022 Materiality and Enterprise Risk Managing ASX requirements on Sustainability Following the release of the ASX Corporate Governance Council (CGC) CGPR on 27 March 2014, ASX listed companies will be expected to report on the way in which they manage material economic, environmental and social sustainability risk. This session at the Sustainability in Business Conference will explore the implications of this new sustainability disclosure, its recommendations and what it means for ASX listed companies. http://www.australiansustainability.com.au//Materiality-an



24.01.2022 There are still a few spaces left for our Breakfast briefing on Financing energy efficiency upgrades with EUAs next week. This session is taking place in our Melbourne office next Thursday morning where all of your Environmental Upgrade Agreements questions will be answered. The event will be held in Net Balances Melbourne office, and will include brief presentations followed by an interactive panel session. For more information contact [email protected] or register he...re; https://www.eventbrite.com.au/e/breakfast-briefing-financin

24.01.2022 CDP is seeking stakeholder feedback on amendments to its questionnaires for 2015. The consultation period is from 1-21 September 2014. Please visit the consultation page of the CDP website where you will find the means to provide feedback on proposed changes to the following documents: - CDPs proposed new forests questionnaire for 2015, revised following an extensive technical review;... - CDPs climate change and water questionnaires; - The additional questions asked to suppliers as part of our supply chain program; and - Questions specifically for the food, beverage & tobacco sector. https://www.cdp.net/en-US/Pages/consultation.aspx

24.01.2022 The Community Investment and Impact Evaluation session at the Sustainability in Business Conference will look at Social investing in-depth from its risks, opportunities and current successes. Questions that will be explored include: What will it take for impact investing to reach its full potential? What constitutes the true level of expected financial returns?... What kind of business models need to be created? What kind of data you should be collecting to understand the impact? How do you best build tools to measure its success? Find out more details here



23.01.2022 Oz Harvest has teamed up with Virgin Mobile to launch #mealforameal. This initiative targets one of Australias most popular mobile behaviours taking pictures of meals and sharing them via social media and make it better by turning those pictures into real meals for those in need. Every time someone takes a photo of a meal and shares it on their social channels with the hashtag #mealforameal, Virgin Mobile will donate to OzHarvest so they can deliver a real meal to someo...ne in need. Virgin Mobile is aiming to deliver 400,000 meals through OzHarvest with its #mealforameal campaign. So, those of you that like to photograph and share your food photos - remember to tag them with #mealforameal

22.01.2022 Melinda Leth, Senior Associate at Net Balance recently attended the Creating Shared Value (CSV) Leadership Summit in New York. Measuring shared value may not have been a key focus at the summit but it was by the far the hottest topic on everyones agenda. Read Melinda's first blog piece in which she focuses on the CSV Investment Framework http://www.netbalance.com//creating-shared-value-investmen

20.01.2022 Today is International Youth Day. The theme of International Youth Day 2014 is "Youth and Mental Health." Youth with mental health conditions can often experience stigma and discrimination, which in turn can lead to exclusion and/or discourage people from seeking help for fear of being negatively labelled. The 2014 observance of International Youth Day will raise awareness on this important topic, as well as highlight the experiences of brave, young individuals who have chosen to speak out about these issues with the objective of overcoming stigma and discrimination to ensure that young people with mental health conditions can lead full and healthy lives free from isolation and unnecessary shame, and openly seek the services and support they need.



20.01.2022 Sustainability in Business conference session: Innovating your Sustainable Supply Chain Management Process. What features of supply chain would be necessary to incentivise suppliers to innovate for sustainability? This session will look at the various approaches for supplier management and evaluation. It will explore how companies are engaging and expanding the capacity of their suppliers, advising on internal decision making and scaling social and environmental performance i...mprovements across their supply chains. Hear from a panel of speakers as they look at: Necessary engagement and collaboration strategies to engage the supply chain A look at various approaches to ensuring transparency across the supply chain Understanding the latest Emerging Environmental and Social standards and how to effectively manage them within the supply chain Following the panel dialogue, participants will have an opportunity to engage in interactive discussions. Get more information here; http://www.australiansustainability.com.au//Innovating-you

19.01.2022 Net Balance Research Institute service line lead, Erica Olesson, is part of the Sydney Global Shapers Hub, a group of the World Economic Forum. Yesterday the Hub held its launch event at Customs House in Sydney to address issues of youth unemployment and social inclusion. The event was multi-stakeholder, and culminated in a series of new relationships and excitement about practical solutions to the issue of youth unemployment and social inclusion such as workplace taster car...eer days which will give 100 job-seekers workplace familiarisation opportunities ahead of work experience. Check out some of the concepts discussed during the day here: https://twitter.com/search?src=typd&q=makingsydneygreat A report of the days discussions and ideas the participants developed will be shared over the next month to spread the ideas and motivation to address this important issue.

19.01.2022 Check out the fantastic conference program and speakers in place for Sustainability in Business

19.01.2022 Net Balance Associate, Fiona Silke, has just presented at the IPWEA Sustainability in Public Works 2014 conference. Her job was to outline the innovative methods that the City of Greater Geelong and Net Balance have implemented to respond to climate change. Read her full blog piece: Robust decision making - a requirement for embedding adaptation here

18.01.2022 Can Hunt sell the Senate a half-baked Direct Action? In the wake of the Carbon Pricing Mechanisms repeal, the government is tasked with a short-term challenge. Having reaffirmed its commitment to achieving Australias current Kyoto Protocol target (unconditionally reducing our 2020 emissions by 5 per cent compared with 2000 levels) the government, somewhat awkwardly, does not have an active policy mechanism to achieve this. Read Net Balance Senior Associate Evan Stamatiou's full article here;



18.01.2022 ECO-Buys training course on Sustainable Procurement Fundamentals attracted 18 enthusiastic participants from a diverse range of organisations. Discussion included: what makes a product or service socially or environmentally preferable, how to tell if a product or service has genuine green attributes, identifying the sustainability risks and impacts of purchases and 10 steps to put sustainable procurement in place in your organisation. Participants came up with actions they will put in place once they returned to their workplace.

18.01.2022 The recent changes to the ASX Governance Principles and Recommendations will increase focus on the level of accountability and transparency in disclosures on environmental and social sustainability. New research from Net Balance into the State of Sustainability Assurance shows that, while 75 per cent of the ASX 200 provide some form of reporting on their sustainability performance, only 29 per cent of those companies are having data assured, leaving themselves open to question on the validity of their data. http://www.netbalance.com//the-state-of-sustainability-ass

16.01.2022 Do you have an interest in climate change adaptation or have a related work or research role? Would you like to build connections with colleagues who share your interests and challenges? Net Balance and the Sydney Coastal Councils Group are hosting a networking and knowledge sharing breakfast on the future of Climate Change Adaptation. Find out more about the event here:... http://www.netbalance.com//climate-change-adaptation-netwo

16.01.2022 Today is Daffodil Day! Daffodil Day raises funds for Cancer Council to continue its work in cancer research, providing patient support programs and prevention programs for all Australians. Daffodil Day helps grow hope for better treatments and more survivors. To Cancer Council, the daffodil represents hope for a cancer-free future. Support this great cause by wearing a Cancer Council pin today.

16.01.2022 Net Balance is joining EY. In exciting news, Net Balance is pleased to announce that it is joining EYs climate change and sustainability services group. The result will see the combined team become the biggest sustainability practice in Australia working with clients across the public, private and not for profit sectors.... EY Asia-Pacific Climate Change and Sustainability Leader Mathew Nelson said the addition of Net Balance, including the companys founder and Director Terence Jeyaretnam, to EYs Assurance practice is an exciting development. This will see EY Australias national dedicated Climate Change and Sustainability Services team grow to more than 90 people and become Australias leading advisors in the areas of sustainability strategy, reporting and assurance, social impact, carbon, energy, health, safety and environment. The combined technical and strategic capability of Net Balance and EY teams will provide clients with unique expertise to help them meet their sustainability challenges. This acquisition will further strengthen EYs ability to service our clients across all areas of sustainability and climate change, particularly social, supply chain, energy and sustainability advisory services, Mr Nelson said. Mr Jeyaretnam said Net Balance was looking forward to joining EY. The dual EY and Net Balance team will clearly be the largest sustainability service provider in Australia with deep technical expertise and experience. Joining our colleagues at EY is very exciting as it will present both our clients and our staff with significant opportunities especially as we look to expand into new markets and broaden the range of services, projects and initiatives we can offer, Mr Jeyaretnam said. The Net Balance Foundation will remain as will many key Foundation projects such as CitySwitch. ECO-Buy will also continue to provide services to its national membership base. Net Balances current clients will see little if any impact as a result of the move which will position the combined team for future growth in Australia and the Asia Pacific region. The acquisition is intended to be completed in late September 2014, at which time, it is expected that Net Balance will be fully integrated with EY, including relocating staff to EY offices in Melbourne, Sydney and Brisbane.

15.01.2022 Net Balance Senior Associate Nadia Woodhouse speaking last night at B Corp Leadership Drinks in Melbourne. Hosted by NeoMetro, the event focused on Business and Community Collaborations, with case studies presented by James Tutton, Director of Neometro and Kate Dundas of 3000 Acres and Sally Fryer & Malinda Wink from Shark Island Productions and Good Pitch Squared

15.01.2022 Net Balance Senior Associate, Charlie Knaggs, speaking at our Breakfast briefing on Financing energy efficiency upgrades with EUAs this morning

15.01.2022 This year, Net Balance Associate Alianne Rance was asked to develop a science communication video series for the Victorian Centre for Climate Change Adaptation Research (VCCCAR), as part of her role as a research scientist at RMIT. Over the past two years she has been working on VCCCAR funded adaptation projects, until sadly at the end of this past financial year, funding from the State Government ceased. However, in their wonderful ongoing efforts to better communicate climate change adaptation to the general public, they put together some ideas for adaptation videos. You can view the videos on our website

14.01.2022 Issue 26 of the Net Balance newsletter is out now. This issue is packed with stories such as The Real Value of Robust Climate Action: Net Balance report for Gold Standard, the CDP Water Report 2013 released, Adaptation Futures, Public Service Mutuals report, the release of our Social Impact training calendar plus loads more! Download your copy from our website

13.01.2022 Looking at doing some Social Impact training? Over the coming months, Net Balance is running Social Return on Investment (SROI) and Outcomes Measurement Training around Australia and in Auckland, NZ. Head over to the Events & Training page of our website to find out more details http://www.netbalance.com/events-training/

13.01.2022 Q&A style event What defines success in business? Wednesday, 27 August 2014, 6.30-8pm, University of Melbourne. The panelists include Bart Houlahan founder of B Lab, Carol Schwartz leading business identity, Paula Benson general manager of corporate responsibility NAB, Richard Denniss economist, The Australia Institute, Paul Bassat entrepreneur & investor, plus moderator Brad Howarth journalist.... For more information, and to book click the link below

10.01.2022 A new report from the House of Commons Environmental Audit Committee in the UK, interestingly links taxation to the environmental impact of products to help boost the circular economy and end the throwaway society. The report calls for differential VAT (UK's equivalent of GST) rates based on life-cycle analysis of the environmental impact or recycled content of products, and tax allowances for businesses that repair goods or promote re-use. The recommendations in the repor...t look to provide businesses with the right incentives from government, as well as being made to take greater responsibility for the long-term impact of their products and services. http://www.publications.parliament.uk//cmenv/214/21402.htm

09.01.2022 Cost of Aussie Kids Missing Breakfast - NFP Report This recent Net Balance study helped Foodbank to quantify the benefits of their School Breakfast Program. Foodbank CEO Jason Hincks said the report highlighted the impact of something as simple as breakfast could have on a childs day and their general wellbeing. Read the full article here

09.01.2022 Net Balance partnered with the Responsible Investment Association of Australia to present a discussion on the investor perspective on Integrated Reporting. Jonathan Labrey, Policy and Strategy Director at the IIRC, gave us the latest developments in IR. Colin Higgins, MBA Director at Deakin University, then shared some early research into investor perspectives on IR. There followed a stimulating panel discussion, including Vice-Chair of RIAA Susheela Peres da Costa.

09.01.2022 Net Balance Foundation is proud to have worked with Social Procurement Australia to develop Social Procurement: The Business Case. This 12-page booklet demonstrates why governments should use procurement as an effective and efficient means of achieving social and economic objectives and maximise local or regional community benefits. It provides accessible case studies from Australia and internationally to show how government can: secure targeted employment and workforce participation outcomes address disadvantage or economic decline in a particular region or area.

09.01.2022 Business and Human Rights What are human rights? Human rights are about promoting and protecting the values of respect, dignity and equality for every person, irrespective of race, sex, religion, political opinion, disability, sexuality, social status, age or any other characteristic. Human rights standards are part of international law. The Universal Declaration of Human Rights is the best known of these standards. But there are many other human rights treaties dealing with... a wide range of civil, political, economic, social and cultural rights. Terence Jeyaretnam is a Director at Net Balance. Read his full article here; Image 2012 Eric Bridiers - CC BY-ND 4.0 (http://creativecommons.org/licenses/by-nd/4.0/legalcode)

08.01.2022 Australias most comprehensive report into the responsible investment sector, researched and prepared by Net Balance for the Responsible Investment Association Australasia (RIAA), has found the market is undergoing a period of huge growth. Read more on this report from Net Balance Associate Director, Kim Farrant on our blog

08.01.2022 Its Keep Australia Beautiful week! Keep Australia Beautiful Week is held between 25th August to 31 August this year to raise awareness about the simple things we can all do in our daily lives to reduce our impact on the environment and encourage action.

07.01.2022 Yesterday was World Humanitarian Day. World Humanitarian Day falls on 19 August, the day in 2003 when 22 aid workers were killed in a bombing at the UN headquarters in Baghdad. It's a day to commemorate all people who have lost their lives in humanitarian service and to celebrate the spirit that inspires humanitarian work around the world. This day is an opportunity to celebrate the spirit that inspires humanitarian work around the world. Thousands of people across the globe are doing incredible work every day. #humanitarianheroes

06.01.2022 Congratulations to Net Balance Project Consultant, Laura Besley, who graduated on Wednesday 16th of July from ANU with a Master of Environmental Law!

05.01.2022 Its been a bit of a bleak few months in the energy efficiency space. The repeal of the carbon price removed a price signal that clearly favoured energy efficient investment; the defunding of the Energy Efficiency Opportunities (EEO) program relieved companies of the need to go out and seek opportunities to reduce their energy consumption; and the Victorian Governments commitment to repeal the Victorian Energy Efficiency Target (VEET) scheme if re-elected has introduced further uncertainty into an area that already has its fair share of doubt. Read Net Balance Senior Associate, Charlie Knagg's full blog piece around Environment Upgrade Agreements here:

05.01.2022 Interested in hearing about upcoming events, training & news from Net Balance? Subscribe to our distribution list! http://netbalance.us4.list-manage2.com/subscribe

05.01.2022 Considering energy efficiency upgrades but unsure how to fund them? Environmental Upgrade Agreements (EUAs) can help overcome the traditional barriers to funding these upgrades, including the split incentives that exist between tenants and landlords and the difficulty of obtaining capital. Net Balance and the Sustainable Melbourne Fund invite you to join us for breakfast where your EUA questions will be answered. The event will be held in Net Balances Melbourne office on Thursday 7 August at 7.45am and will include brief presentations followed by an interactive panel session featuring Scott Bocskay, CEO of the Sustainable Melbourne Fund and Eli Court, Project Manager at ClimateWorks Australia. This is a free event, however places are limited so please RSVP by Friday 31 July. https://www.eventbrite.com.au/e/breakfast-briefing-financin

05.01.2022 ECO-Buy welcomes Trish McGee as the new General Manager of ECO-Buy. Cameron Neil has moved on to an exciting role as General Manager at Hub Australia. See more from Trish and her plans for ECO-Buy as well as further news from ECO-Buy in their recent newsletter edition here; http://us4.campaign-archive1.com/

04.01.2022 In the past year, Net Balance Foundation have successfully recruited and serviced over 190 office tenancies in the CitySwitch Green Office Program. One of these signatories, Internationally acclaimed performance artists Circus Oz, utilised the program to gain sustainability insights for their head office relocation, staff engagement and procurement. Circus Oz recently joined forces with award-winning architects Lovell Chen to produce a sustainable and bespoke creative space ...for the nations home-grown circus. In delivering a new headquarters for Circus Oz, the $15 million Arts Victoria project has created the largest purpose-built circus facility in the southern hemisphere. As signatories to CitySwitch, Australias flagship Green Office program, a key design imperative for the new building was maximising energy efficiency. Read more here: http://www.cityswitch.net.au/switchingtoanenergyefficient%2

02.01.2022 ECO-Buy’s training course on Sustainable Procurement Fundamentals attracted 18 enthusiastic participants from a diverse range of organisations. Discussion included: what makes a product or service socially or environmentally preferable, how to tell if a product or service has genuine green attributes, identifying the sustainability risks and impacts of purchases and 10 steps to put sustainable procurement in place in your organisation. Participants came up with actions they will put in place once they returned to their workplace.

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