Search Results

Showing 91 - 100 of 235 results for "divest"

Australian Retirement Trust hires head of sustainable investment

RACHEL ALEMBAKIS  |  TUESDAY, 5 APR 2022  |  NEWS
Australian Retirement Trust has hired an ESG industry heavyweight in its first major appointment since finalising its merger in late February. Nicole Bradford joins Australian Retirement Trust as head of sustainable investment. She will join from Cbus ...

Investors putting climate change at centre of strategy: Robeco

RACHEL ALEMBAKIS  |  THURSDAY, 24 MAR 2022  |  NEWS
... next couple of years," Peppelenbos said. "Specifically within oil and gas, the amount of investors that are willing to divest away from this sector has a total is doubling from 11% today to 22% in the next two years. "More investors will be stepping ...

ESG drivers rising up M&A strategy agenda: PwC

RACHEL ALEMBAKIS  |  THURSDAY, 17 MAR 2022  |  NEWS
ESG performance is influencing mergers and acquisitions and impacting value calculations, according to PwC. PwC has published analysis of the global and local outlook for M&A activity. The report notes that in 2021, Australia was active across most ...

Divestment from sanctioned Russian companies a matter of governance

RACHEL ALEMBAKIS  |  THURSDAY, 10 MAR 2022  |  NEWS
A number of asset owners have announced that they will divest from Russian holdings in response to the invasion of Ukraine. In addition to ethical considerations, investors will have to sell out of Russian securities if the underlying company appears ...

RBA deputy governor to join Fortescue Future Industries

RACHEL ALEMBAKIS  |  THURSDAY, 10 MAR 2022  |  NEWS
The deputy governor of the Reserve Bank of Australia has resigned and will join Fortescue Future Industries. Guy Debelle has announced his resignation, effective Wednesday, 16 March. Debelle will be taking up the position of chief financial officer ...

Australian Unity hires ESG property specialist

RACHEL ALEMBAKIS  |  MONDAY, 28 FEB 2022  |  NEWS
Australian Unity has hired Parag Shinde as national manager - ESG, responsible for leading and implementing a best-in-class ESG approach across the firm's commercial property portfolio. Shinde comes to Australian Unity from Property NSW, where he was ...

Not all net zero targets created equal: Maple-Brown Abbott

RACHEL ALEMBAKIS  |  THURSDAY, 25 NOV 2021  |  NEWS
Global listed infrastructure companies will be key to reaching the goals of the Paris Agreement, but net zero target announcements should be critically examined by investors, according to Maple-Brown Abbott. While many companies have outlined some variation ...

Assessing ESG risk, opportunity through the legal lens: Corrs

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 NOV 2021  |  NEWS
As ESG risk and opportunities become integrated into mainstream corporate operations and expectations, the legal, financial and reputational consequences of "failing to robustly engage are likewise becoming increasingly serious," according to Corrs ...

RIAA rules out nuclear weapons, e-cigarettes in responsible investments

RACHEL ALEMBAKIS  |  MONDAY, 22 NOV 2021  |  NEWS
... majority of leading practice responsible investors already exclude nuclear weapons, however some investors will need to divest from particular companies in order to comply with the standard. "We warmly welcome the role that RIAA's updated requirements ...

Fidelity International to invest $150bn in net zero strategies

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
... individual companies do not show progress towards net zero in a timeframe not exceeding three years, Fidelity will look to divest. "We're launching an Energy Transition Engagement program, and starting with thermal coal," Tan said. "We have set up ...