Lawsuit against ExxonMobil heightens Australian directors climate riskBY RACHEL ALEMBAKIS | FRIDAY, 9 NOV 2018 5:32PMA lawsuit against ExxonMobil by the New York state attorney general for allegedly misleading investors of the risks that climate change regulations posed to its business should be a warning sign for Australian directors. |
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Future Group finalises change of trusteeship
Future Group's Stewarda has taken over the trusteeship for its superannuation fund, Smart Future Trust, from Equity Trustees Superannuation Limited (ETSL), effective November 1.
Rest lifts MPower commitment to $250m
Rest has increased its investment in renewable energy and battery storage, committing a further $100 million to Wollemi Energy Group's MPower platform as superannuation funds continue to explore opportunities linked to the energy transition.
Perpetual's Trillium shutters two funds
Perpetual's Trillium Asset Management has terminated two sustainable funds that failed to reach their expected scale.
AllianceBernstein overhauls thematic equity team
AllianceBernstein has overhauled its global equity team focused on achieving environmental and social outcomes, appointing a new lead for the division and announcing the exit of two long-serving portfolio managers.
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How economics and energy security are driving the next phase of the energy transition
Looking ahead, the next phase of the energy transition will be defined by practical system build-out rather than headline climate commitments.
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