ASX100 ESG underperformers in global manager's crosshairsBY RACHEL ALEMBAKIS | THURSDAY, 15 APR 2021 3:40PMOne of the largest global fund managers will up the ante on companies by voting against directors of companies - including ASX100 companies - that are showing underperformance on material ESG issues. Related News |
Editor's Choice
Budget 2024: A win for clean energy, not environment
The Federal Budget is an "excellent down-payment" on clean energy - but fails on nature and biodiversity, gas, electrification, and ACCUs.
Fossil fuel funding down 20pc: study
Financing for fossil fuel companies has fallen sharply overall since the Paris Agreement was inked in 2016 but progress among the world's top banks has been mixed.
Australian Ethical snaps up asset manager
Australian Ethical has struck a deal to acquire Altius Asset Management, the sustainable fixed income business of Australian Unity, a move that will see its funds under management (FUM) swell by $2 billion.
Unclear rules pose investment risk
Canberra is at odds with state governments over assessing emissions for coal and gas project approval.