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Showing 111 - 120 of 471 results for "fossil fuel"

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
Financing for fossil fuel companies has fallen sharply overall since the Paris Agreement was inked in 2016 but progress among the world's top banks has been mixed. The world's 60 largest banks, including Australia's Big Four banks, committed US$6.9 ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
UniSuper was recently hit with fresh allegations of greenwashing by a member who issued a complaint to ASIC in relation to certain holdings. The member believes UniSuper marketing two of its three responsible investment options as 'sustainable' places ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... minerals, he added. "This goes hand-in-hand with the imperative to commit to enabling a science aligned progressive fossil fuel phase-out across their financed emissions exposures." FS Sustainability reached out to the banks, but they did not comment ...

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

THE GREENER WAY  |  TUESDAY, 16 APR 2024  |  NEWS
... Petrass sits down with Sharon Davis, Executive 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 ...

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... better climate governance. Market Forces looked at 45 energy companies on the CA100+ "focus list" with the largest fossil fuel expansion plans. Researchers analysed director votes against company performance in the CA100+ benchmark. In recent months ...

Canberra acts on billion-dollar net zero plan

ROSE MARY PETRASS  |  WEDNESDAY, 3 APR 2024  |  NEWS
Laws have been tabled to establish a new independent authority responsible for boosting climate investment, alongside $1 billion for solar that analysts claim will generate up to $400 billion of private capital. The Net Zero Economy Authority Bill 2024 ...

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 ...

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
The BlackRock CEO's annual letter waxed poetic on the old age question, fear, and the savings strategy of stuffing money under mattresses. He also said the energy transition is not a straight line and requires "pragmatism". This means Larry Fink believes ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
While the country's top 30 super funds have lower stakes in Woodside and Santos, they continue to engage with the resource companies while prioritising returns for members. Compared with two years prior, the two energy giants have a larger share ...

Defunct fund pays greenwashing fine

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 FEB 2024  |  NEWS
A now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...