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Showing 121 - 130 of 235 results for "divest"

DWS to use advisory board to accelerate ESG activity

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
... responsible investment committee will review high climate risk companies in our portfolios, and decide whether we should divest such company investments. Our preferred way of dealing with companies that have high climate risk ratings is through engagement ...

Downer inks $1.4 billion sustainability-linked debt facility

RACHEL ALEMBAKIS  |  FRIDAY, 4 DEC 2020  |  NEWS
Downer EDI Limited has established a $1.4 billion syndicated sustainability linked loan facility, linked to environmental and social metrics. The new facility will refinance Downer's debt platform and comprises three, four, five and six year tranches. ...

Social, economic consequences of climate change "devastating": Robeco

RACHEL ALEMBAKIS  |  THURSDAY, 26 NOV 2020  |  NEWS
The societal and economic consequences of climate change in a business as usual scenario are expected to be "devastating," but mitigating investment risk based on backward looking data and not future transition is a challenge for investors, according ...

Industry fund lifts game on SRI options

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 OCT 2020  |  NEWS
A $120 billion industry superannuation fund has revamped its SRI option to tighten screening standards. Aware Super has updated its Socially Responsible Investment (SRI) options to refine the list of excluded companies to include those earning 5% or ...

Majority of super funds not disclosing portfolio holdings: Rainmaker

RACHEL ALEMBAKIS  |  FRIDAY, 2 OCT 2020  |  NEWS
The majority of major superannuation funds are not disclosing their portfolio holdings, according to research from Rainmaker Information. Rainmaker's just completed 2020 Super Fund Portfolio Holdings Study found only 27 major super funds, about ...

Superannuation funds accelerate climate action: ClimateWorks

RACHEL ALEMBAKIS  |  FRIDAY, 18 SEP 2020  |  NEWS
... which have committed to achieve net zero by 2050 across their entire portfolio, and Aware Super's announced plans to divest from thermal coal miners and reduce emissions in its listed equities portfolio by at least 30% by 2023. "This is the first ...

Cbus Super announces net zero portfolio emissions target

RACHEL ALEMBAKIS  |  THURSDAY, 3 SEP 2020  |  NEWS
... significant targets to reduce carbon emissions throughout its portfolio. In July, the $120 billion First State Super will divest $40 million of its equity portfolio holdings in thermal coal miners, including its indexed exposures, from thermal coal miners ...

Investors to increase climate-linked passive investments: DWS Group

RACHEL ALEMBAKIS  |  FRIDAY, 14 AUG 2020  |  NEWS
... investors; and California's Insurance Commissioner's ruling that insurance companies doing business in his state have to divest from companies that derive 30% or more of their revenues from thermal coal holdings. "In Europe, there has been a significant ...

UK pension fund to divest half its portfolio

RACHEL ALEMBAKIS  |  FRIDAY, 31 JUL 2020  |  NEWS
... NEST said. It will also begin divesting from companies involved in thermal coal, oil sands and arctic drilling. NEST will divest all companies with more than 20% of revenues from these activities by 2020 end; all companies with more than 10% of revenues ...

First State Super-backed Victorian fund makes first investment

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUL 2020  |  NEWS
... portfolio and a plan to from thermal coal miners as part of a Climate Change Portfolio Transition Plan. First State Super will divest $40 million of its equity portfolio, including its indexed exposures, from thermal coal miners from October and will ...