‘Coorabell Dreaming’ at 970 Coolamon Scenic Drive, Coorabell, is for sale.IT’S good to see Ian Moore is practising what he preaches.The Clean Energy Finance Corporation board member is selling his luxurious, eco-friendly home in northern New South Wales — and it happens to be the ultimate in clean energy living.Check out some other eco-friendly homes…Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:22Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:22 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenAll aboard this floating abode 01:22 Related videos 01:22All aboard this floating abode 00:38Opod: the low-cost micro home01:09Indoor plants to clean the air00:29Multi award-winning treehouse00:53Eco-friendly Aussie buys00:53Mod PoolsThe Byron Bay hinterland property at 970 Coolamon Scenic Drive is completely off the grid, relying on a 45 solar panel system, a battery bank and a back-up generator to pay the power bills.‘Coorabell Dreaming’ at 970 Coolamon Scenic Drive, Coorabell, is for sale.The home has double glazing and multi-layered insulation to further minimise energy consumption.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North8 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoIt also comes with its own 14,000 tree rainforest plantation and two 45,000 litre water tanks.Designed by Byron Bay architect Sam Zaher, the three-bedroom house sits 100 metres above sea level and boasts 180 degree uninterrupted views over the Myocum Valley below and to the ocean beyond.‘Coorabell Dreaming’ at 970 Coolamon Scenic Drive, Coorabell, is for sale.With over 20 years experience in banking and finance, and the past five on the board of the federal government’s Clean Energy Finance Corporation, Mr Moore considers himself an “economic greenie”.He and his wife, Di, spend most of their time in their Sydney home and have decided it’s time to sell this one.Mr Moore said he hoped the buyer of his beloved eco retreat was as passionate about renewable energy as he was.“It’s very sad,” he said.“When we told our daughter and son-in-law they both cried.”Coorabell Dreaming is being offered to the market by Unique Estates, with a price guide of $4.2 million.‘Coorabell Dreaming’ at 970 Coolamon Scenic Drive, Coorabell, is for sale.
The Pensions and Lifetime Savings Association (PLSA) has produced a guide to new investment disclosure duties for UK pension schemes, encouraging them to produce meaningful disclosures rather than just focussing on compliance.Under new rules coming into force in October, defined benefit (DB) and defined contribution (DC) schemes face new requirements to publicly disclose, in an “implementation statement”, their investment and responsible investment activity over the previous year.The requirement is for these statements to set out how and to what extent their activity followed the intent captured in the scheme’s statement of investment principles (SIP), which since a year ago must address trustees’ policies on financially material environmental, social and governance (ESG) factors.Caroline Escott, outgoing senior policy lead on investment and stewardship at the PLSA, said the implementation statements were “a very new discipline for trustees”, and “will require them to carefully consider which investment decisions and activities have or will have the greatest impact on their investment objectives”. The requirements differ for DC/hybrid and DB-only schemes, although common to both is a requirement to disclose their voting and engagement behaviour. Sarah Wilson, founder and CEO of proxy voting agency Minerva, said this was “a once in a generation shift in legal responsibilities” for trustees.The PLSA’s guide sets out general principles as well as more detailed considerations for trustees to produce “relevant, succinct and meaningful statements”, with the association noting that “policymakers, the public and scheme members will be paying close attention” to the content of the implementation statements.Be clear on vote ‘ownership’On voting disclosures, the PLSA advises trustees to be clear about who “owns” the vote in their particular investment arrangements and along their voting chain.It said it recognised that schemes with investments in pooled funds would have a different scope for influence compared with those with segregated mandates, but that it believed the former could still “exert their influence and seek to challenge their managers on their (engagement) and voting activity”.The PLSA also said the avenues pension plans had for influencing investment, and particularly voting, decisions undertaken on their behalf would continue to change.Trustees should keep an eye out on developments in the Law Commission’s work on intermediated securities, the HM Treasury’s asset management taskforce work on stewardship, and the EU sustainable finance initiative, among other areas, the association said.“This guide aims to cut through some of the confusion around implementation statements”Laura Myers, chair of the voting and implementation statement working groupThe PSLA’s guide is the product of a new cross-industry working group and a stakeholder group comprised of representatives from government, regulators and industry organisations.“This guide aims to cut through some of the confusion around implementation statements and give practical steps on how to collate this information and communicate it to stakeholders,” wrote Laura Myers, chair of the working group and a member of the PLSA policy board, in the introduction to the guide.“We believe that the principles underpinning the implementation statements will help focus schemes on their long-term investment goals. Getting these disclosures right will help schemes become more sustainable, improve stakeholder relations and ultimately make better investment decisions that have the interests of members and savers at their heart.”The cross-industry group is also working on a voting template for asset managers to fill in, and the PLSA is encouraging trustees to use this. IPE understands the template and guidance are being finalised and will be launched within the next few weeks.The PLSA’s guide to the implementation statements can be found here.Looking for IPE’s latest magazine? Read the digital edition here.