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Showing 1481 - 1490 of 3397 results for "REC"

Super funds more likely to recall shares for proxy votes: research

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
Institutional investors such as super funds are more likely to recall loaned shares to exercise voting rights in line with proxy voting policies, research has found. In the decade since the introduction of the "two-strikes rule" in 2011, more institutional ...

New Zealand to issue green bonds

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
The New Zealand government has launched a Sovereign Green Bond Program and expects to issue its first green bonds later this year. The Sovereign Green Bond Program will provide finance to projects that contribute to climate and environmental objectives. ...

UniSuper caps future investment in fossil fuel

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
The board of UniSuper has imposed a cap on fossil fuel exposure of 7% and has divested from companies that generate more than 10% of revenue from the extraction and production of thermal coal. UniSuper has issued its fifth annual climate risk report ...

BlackRock continues renewable infrastructure investment

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022  |  NEWS
BlackRock Real Assets has continued its investment in renewable energy assets by acquiring a New-Zealand-based rooftop solar and battery technology provider. BlackRock Real Assets will acquire solarZero via a scheme of arrangement and will commit more ...

Cbus names new head of responsible investment

RACHEL ALEMBAKIS  |  MONDAY, 12 SEP 2022  |  NEWS
Cbus Super has promoted a new head of responsible leadership from within. Ros McKay has been appointed as head of responsible investment and will join Cbus' investment leadership team. In her new role, McKay will lead the evolution of Cbus' ...

APRA chair highlights challenges of climate risk assessment

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
APRA chair Wayne Byres flagged that the results of the climate vulnerability assessment (CVA) of the country's five largest banks are expected to be released "in a month or two." Byres highlighted that climate change is a disruptive risk in a speech ...

HESTA ups the ante on AGL, Santos on climate

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
HESTA has placed AGL, Origin, Santos and Woodside on a watchlist over concerns that their stated climate strategies do not meet the transition pathway to containing global warming at 1.5˚C. The $68 billion super fund has also lifted its 2030 emissions ...

Future Fund, UniSuper hire ESG execs

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
The Future Fund and UniSuper have augmented their ESG teams, with the Future Fund recruiting a high-profile industry executive to its investment stewardship team. Karin Halliday will join the Future Fund as director, ESG and investment stewardship ...

Governance Institute calls for proactive thinking for virtual AGMs

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
Offering hybrid and fully virtual AGMs are an opportunity to engage with greater numbers, but the Governance Institute warns that listed companies have to think more proactively about how to ensure shareholder participation in those circumstances. As ...

Sustainable packaging sector set to grow: Nanuk

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
Changing consumer habits including increased uptake of ecommerce and a shift from plastic packaging towards alternatives like paper and cardboard means the sustainable packaging sector is set for accelerating growth, according to Nanuk Asset Management. ...