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Showing 121 - 130 of 210 results for "divest"

Sustainable Melbourne Fund receives new loan facility, new name

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAY 2019  |  NEWS
... Melbourne, and legislation enabling EUAs in the City of Melbourne was first passed in 2010. The City of Melbourne has agreed to divest from fund, and the fund has repaid a loan from the Clean Energy Finance Corporation (CEFC), Bocskay said. "That financing ...

Future Super divests from companies with no women on boards

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAY 2019  |  NEWS
Future Super has divested from listed companies that do not have women on their boards or who have not presented plans to improve their diversity. Kirstin Hunter, managing director, Future Super Future Fund set a policy of excluding companies without ...

CFSGAM to divest from tobacco products across portfolio

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAY 2019  |  NEWS
Colonial First State Global Asset Management (CFSGAM)/First State Investments is now excluding manufacturers of cigarettes and tobacco products from its portfolios. "There is no shortage of credible evidence of the wide-reaching harm caused by the tobacco ...

NZ Super to divest from gun manufacture investments

RACHEL ALEMBAKIS  |  FRIDAY, 12 APR 2019  |  NEWS
NZ Super Fund will divest from $19 million of investments in companies involved in the manufacture of civilian automatic and semi-automatic firearms, magazines or parts prohibited under New Zealand's tough new gun law. The move by the Guardians of New ...

Core Civic, GEO Group flagged for ESG controversies

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2018  |  NEWS
Core Civic and GEO Group, two companies at the heart of an organised grassroots campaign against US President Donald Trump's policy of immigrant detention, have been flagged for controversies under MSCI 's ESG ratings system. For the US grassroots groups ...

US activists target banks over finance to for-profit prisons, detention centres

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2018  |  NEWS
... Teachers' Retirement System (CalSTRS) has received "hundreds of letters" from members asking the US$225 billion fund to divest from for-profit prison and dentention centre operators, according to this article. CalSTRS Chief Investment Officer Christopher ...

Man Group analyses tobacco considerations in investment strategy

RACHEL ALEMBAKIS  |  FRIDAY, 6 APR 2018  |  NEWS
Global fund manager Man Group is considering the impacts of divestment from tobacco as part of its broader approach to responsible investing. Jason Mitchell, sustainability strategist, Man Group, The fund manager does not have a blanket policy of divestment ...

Vision Super publishes Corporate Responsibility report

RACHEL ALEMBAKIS  |  FRIDAY, 19 JAN 2018  |  NEWS
Vision Super has highlighted its increased active shareholding activity in 2017, including votes pushing companies towards greater disclosure of climate change related risk. Michael Wyrsch, CIO, Vision Super Vision Super has released its latest Corporate ...

RIAA annual conference to discuss how responsible investment will shape future economy

RACHEL ALEMBAKIS  |  FRIDAY, 10 NOV 2017  |  NEWS
With the maturing of the responsible investment market, the focus of the industry is shifting from justifying the case for ESG-management techniques on how to use the tools to allocate capital and shape the future Australian economy. Simon O'Connor ...

Brambles talks sustainability strategy, Sustainable Development Goals and natural capital

RACHEL ALEMBAKIS  |  FRIDAY, 6 OCT 2017  |  NEWS
... deforestation is Brambles' most material sustainability issue," the company said in its review, and in August announced it would divest its non-core North American recycled whitewood pallet business, CHEP recycled, in order to focus on its core pooled ...