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Australian Ethical visit: Coal Seam Gas divestment

Posted on:  27 Oct 2011    Posted in:  Ethical/ RI, News

We were fortunate to be able to visit Australian Ethical Investments’ Canberra office a couple of weeks ago. We also checked out a couple of Canberra commercial properties that they’ve recently invested in.

Australian Ethical occupies Trevor Pearcey House, a building which they  purchased and then renovated in order to achieve a ’6 Star’ Green rating (see: http://australianethical.com.au/files/documents/other/Trevor_Pearcey_House_facts_and_figures.pdf).

In addition, I was fortunate enough to discuss the reasons behind Australian Ethical’s recent divestment from Origin Energy for Coal Seam Gas operations (see: http://australianethical.com.au/news/australian-ethical-sells-out-origin-energy). For those of us who’ve seen the movie ‘Gasland’, the thought of natural gas drilling in our backyard is not a pleasant one! However for more opinions on Coal Seam Gas, refer:  http://www.smh.com.au/opinion/the-question/is-coal-seam–gas-worth–the-risk-20110819-1j20j.html.

For more information on how to avoid investing in companies like Origin, contact us on 08 9267 3488 or clientsupport@justinvest.net.au 

 

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