Search Results

Showing 101 - 110 of 538 results for "Industries"

Carbon price could stall $600bn super loss

ROSE MARY PETRASS  |  FRIDAY, 4 OCT 2024  |  NEWS
... exposure of their balance sheet. Revenue raised through a carbon price could support emission-intensive trade-exposed industries and vulnerable communities through a just transition. "The beauty of carbon pricing is it doesn't pick winners; it allows ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024  |  NEWS
... had accurately disclosed the ESG screening limitations and the fund's exposure to issuers engaged in the excluded industries." "Although it cannot be demonstrated that any investor suffered financial loss by Vanguard's misleading conduct, investors ...

Rural slavery risk raises ESG alarm

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
Investors in rural industries may face reputational and legal risk, as a new report warns 16,400 people are trapped in modern slavery in NSW. Agriculture, horticulture and meat processing in rural and regional areas, as well as labour hire companies ...

Nature now a fiduciary duty and financial risk

ROSE MARY PETRASS  |  MONDAY, 16 SEP 2024  |  NEWS
... public commitments, set expectations of clients, perform ongoing due diligence, and publicly report progress annually. Industries most destructive to nature include agriculture, infrastructure, and resource extraction -notably, palm oil, soya, cattle ...

Clarity on sector pathways sparks investor confidence

ROSE MARY PETRASS  |  MONDAY, 9 SEP 2024  |  NEWS
... overcoming the barriers to reducing emissions we can make the Australian economy more prosperous while creating new industries and jobs, improving our energy security, protecting the environment, and reducing the cost of living." "This requires a major ...

ClearBridge launches new ESG fund

MATTHEW WAI  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... achievement recognised," Su said. Enablers are companies characterised with significant ESG success with their customers or industries, while Reformers stand for "former bad actors" with a willingness to transition to greener solutions. Entities contributing ...

Fossil-fuel engagements require flexibility, not confrontation

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... through norm-setting, frameworks and measurements put in place, and now we are in a place of impact and results. But in industries like fossil fuels, where the core business faces potential obsolescence, confrontational engagement can be ineffective ...

Former bank whistleblower departs UniSuper

ELIZABETH FRY  |  MONDAY, 19 AUG 2024  |  NEWS
... risk and governance professional with over 20 years experience in the banking, finance, consulting and superannuation industries. Before working at UniSuper, he spent three years at Deloitte and 16 years at National Australia Bank. Interestingly, Gentilin ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... can have confidence in ESG claims made by providers of financial products and services. "As is the case in many other industries, consumers may place great importance on ESG considerations when making investment decisions. Any misrepresentations in relation ...

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024  |  NEWS
... creating benefits in energy security, supporting regional development and stimulating agriculture and manufacturing industries."