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Showing 91 - 100 of 140 results for "GIA"

UK pension giant eyes Australian timber

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024  |  NEWS
Nest is establishing an evergreen timberland fund and has its sights set on opportunities in Australia. The $70 billion workplace pension fund has enlisted Campbell Global, J.P. Morgan Asset Management's timberland investment advisory company, to ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
Mining giant Rio Tinto's political lobbying activities are a greenwashing risk, a breach of public trust, and a form of investor deception, according to ACCR. This week, a prominent shareholder advocacy group announced it cut ties after a year-long ...

AustralianSuper, HESTA acquire majority stake in housing developer

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024  |  NEWS
AustralianSuper and HESTA have taken a majority stake in a new housing company that seeks to provide institutional investors stable, long-term returns through large-scale housing investments across Australia. The new company, backed by the industry ...

RIAA warns against carbon capture

ROSE MARY PETRASS  |  MONDAY, 22 JUL 2024  |  NEWS
A group of over 500 investors cautions investors and companies against gambling their transition plans on unproven and unscaled technology, as the Senate recommends a ban on carbon capture and storage (CCS). This comes as a host of players ramp up their ...

Microsoft makes largest ever offset purchase

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
Microsoft is only the latest tech giant to invest in a controversial technology aiming to capture CO2 and store it underground through "subsurface saline sequestration". The world's leading tech company with US$3.15 trillion market cap says the tech ...

Tech giant hits environment target

ROSE MARY PETRASS  |  THURSDAY, 11 JUL 2024  |  NEWS
Amazon has followed in PUMA's footsteps with the claim they have hit a key environmental target seven years early, without disclosing much detail. Amazon's operational energy supply has achieved a 100% renewable energy "match", the e-retail powerhouse ...

Retirement heavyweight pitches climate fix

ROSE MARY PETRASS  |  THURSDAY, 27 JUN 2024  |  NEWS
Top retirement specialist Jeremy Cooper has taken up the decarbonisation challenge with an ESG strategic advisory position - and he has a proposal that will shake up the industry. Cooper joins multinational professional services firm MinterEllison's ...

J.P. Morgan vows $2.5 tn for sustainable development

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
The US banking giant will bolster its sustainable development financing through to the end of the decade, including $1 trillion for green initiatives. J.P. Morgan Chase & Co estimates that the allocation of capital needed to fund the net zero transition ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024  |  NEWS
The Federal Court determined Vanguard misled investors via claims it made about certain ESG screens it applied to its Ethically Conscious Global Aggregate Bond Index Fund. On March 8, the indexing giant admitted to "engaging in conduct that was liable ...

Mercer nabs Aware sustainability expert

ELIZABETH FRY  |  MONDAY, 25 MAR 2024  |  NEWS
Mercer Investments has appointed Guy Shearman as a senior sustainable investment analyst. Shearman joins from the $160 billion superannuation giant Aware Super, where he spent three years as a responsible investment analyst. Before that, he was an ESG ...