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Showing 101 - 110 of 542 results for "coal"

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
Vision Super has found itself in hot water after analysis revealed it has purchased $2.2 million worth of Whitehaven Coal stocks after walking back its fossil fuel exclusion policy last year. The super fund changed its environmental, social and governance ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024  |  NEWS
... Phil Stockwell - that it eliminated investments that posed a risk to the environment and the community, including gambling, coal mining, and oil tar sands. Court documents showed that Active Super said it wouldn't invest in companies deriving more ...

Canberra scopes First Nations economic policy

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
The Coalition of Peaks is currently consulting on the design of a First Nations Economic Partnership with Treasury. The aim is to improve access to capital markets and employment opportunities and address legislative or policy barriers that hinder that ...

Holdings fly in face of super duty

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
... doubled fossil fuel exposure over the past two years to December 2023. Investments in the top 190 global companies with major coal, oil, and gas expansion plans rose to more than $39 billion, reaching nearly 9% of shares in default options, as a portion ...

Govt moves timetable on power station closure

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
... Council, the peak body for the industry, says it makes up 40%. Australia is "lagging" and needs to move beyond "aging and aged" coal and gas assets, responsible investment and sustainability specialist Desiree Lucchese told FS Sustainability. "Australia ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
... 2023) and Bank of America ($33.7bn in 2023). Bank of America recently dropped their exclusions of Arctic drilling, thermal coal, and coal-fired power plants. The Big Four banks were on the list with a total pool of more than $4.5bn in fossil fuel commitments ...

Unclear rules pose investment risk

ROSE MARY PETRASS  |  THURSDAY, 23 MAY 2024  |  NEWS
Canberra is at odds with state governments over assessing emissions for coal and gas project approval. Contradictory approvals processes pose a risk of investment security downgrading, responsible investment and sustainability specialist Desiree Lucchese ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
... derive more than 10% of their reported revenues from fossil fuels, specifically the exploration or production of thermal coal or oil and gas. In a statement, UniSuper said: "Transurban meets the screening criteria applied to investments in the Sustainable ...

Poor investment governance costly for asset owners, members: KPMG, Frontier

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024  |  NEWS
Most asset owners estimate that poor investment governance could increase portfolio costs by 1% or more annually, according to a joint report by KPMG and Frontier Advisors. The report, which surveyed 22 asset owners in the local investment industry ...

Podcast: Divestment, impact, and all that good stuff with Sharon Davis of Future Super

THE GREENER WAY  |  TUESDAY, 16 APR 2024  |  NEWS
... Director of Investments at Future Super, a superfund that invests for a fossil fuel free future. The superannuation firm has no coal, oil and gas holdings, and an ethos rooted in ethical investment with a focus on clean energy and social impact projects. ...