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Showing 1371 - 1380 of 3521 results for "Fund"

Social license or social-washing - weighing the value of public statements on the Voice

ROSE MARY PETRASS  |  THURSDAY, 10 AUG 2023  |  NEWS
Many companies and investors have come out with public statements on an Aboriginal and Torres Strait Islander Voice to Parliament, with some questioning the effectiveness - and appropriateness - of such statements. Corporates are evaluating whether ...

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... and cofounder of Pollination Group Martijn Wilder will be the inaugural chair of the $15 billion National Reconstruction Fund (NRF) board. The NRF will invest in manufacturing projects cross seven priority investment areas - renewables and low emissions ...

Revenue recycling carbon tax would increase Australia's GDP

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... due to having a negative impact on prices and the economy. In its place the Abbott government set up the Emission Reduction Fund in 2014 and emissions resumed growth. The climate safeguard mechanism is a component of this change policy tool that applies ...

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
Morgan Stanley has surpassed the two-thirds mark of its US$1 trillion target for sustainable and low-carbon investments by the end of this decade. The multinational investment bank and financial services company has released its latest ESG report stating ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
Financial institutions, central banks, regulators and governments underestimate the economic damages of climate change because they don't consider climate tipping points. Methodologies that guide the finance world should be corrected as a matter ...

Finding opportunities in the energy transition: IML

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... transition into account when investing now. IML is a quality and value manager and Wood is PM for IML's Sustainable Future Fund. "The best energy transition is the molecules that you don't use," Wood said. "There's a good investment case ...

La Trobe Uni issues $175m green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
La Trobe University has issued a $175 million green bond that will fund projects in areas including renewable energy, green building, sustainable water and waste management and other initiatives. The Melbourne-based university's inaugural green ...

AustralianSuper grows global team with numerous hires

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023  |  NEWS
... asset allocation research, shaping investment strategies across all major asset classes. Shah, formerly of Tesco Pension Fund, has held roles at The Bank of England, Goldman Sachs, and BMO Global Asset Management. At AustralianSuper, Shah manages the ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
A London-based think tank has found the world's largest asset managers may fail to meet their own 2050 net zero commitments, with support for climate-ambitious resolutions dropping considerably in 2022. InfluenceMap scored the world's 45 largest asset ...