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Showing 131 - 140 of 372 results for %22fossil fuel%22

Federated Hermes launches climate change high yield credit strategy

RACHEL ALEMBAKIS  |  THURSDAY, 9 SEP 2021  |  NEWS
... said Tina Rönnholm, portfolio manager responsible for external High Yield investments at AP1. "Having divested from fossil fuels throughout our portfolio last year, our ambition now and going forward is to contribute to getting absolute emissions ...

Greenwashing a challenge to sustainable investing

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
A majority of Australian investors believe engaging on climate change or use of fossil fuels are the most important stewardship topics, but also believe greenwashing is a major challenge, according to Schroders. Schroders has released its latest Institutional ...

Santos sued over clean energy, net zero claims

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
... produces is a "clean fuel" and provides "clean energy"; and ACCR claims these statements convey that the extraction of fossil gas, and the end-use of that gas, does not have a material adverse effect on the environment. In terms of its net zero representations ...

Cultural factors influence ESG approaches: Morgan Stanley Investment Management

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
... as an extension of a general focus on labour within the business context." When speaking with Australian investors about fossil fuels, there are questions about global energy transition versus divestment, Bottega noted. Morgan Stanley Investment Management ...

UniSuper updates progress on net zero target

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
UniSuper has reduced its exposure to fossil fuel extraction to less than one percent of its overall portfolio, while 40 of its top 50 Australian investments have set targets aligned with the Paris Agreement. The $100 billion super fund has published ...

Forrest reiterates call for net zero target

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 AUG 2021  |  NEWS
... the regions of growth in the renewable energy sector match the regions that are likely to see decline in jobs in the fossil fuel industries. What is needed from the workers' point of view is a pathway from fossil fuel jobs to clean energy jobs, O'Neil ...

Banks' role in global decarbonisation under spotlight

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
... not all policies are fully aligned. "They're stopping the unabated lending now, but to hit the 2050 target, those fossil fuel lending activities are only a small part of the balance sheet," Butters said. "Coal however is only one part of the challenge ...

Investors press for swift action in wake of climate report

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
... Corporate Responsibility (ACCR) called the report a blunt warning. "The science is clear: we simply cannot afford anymore fossil fuel expansion. This means no new coal, gas or oil development beyond those fields already producing," Gocher said. "Australian ...

Carbon capture and storage questioned after Chevron result

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... climate goals." The oil and gas industry has emphasised CCS and CCUS as technological solutions to allow further use of fossil fuels while meeting the aims of the Paris Agreement to contain global warming to less than 2 degrees C. In a session at the ...

Alphinity launches SDG-aligned fund

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... across most sectors, with the possible exception of the energy sector, which for obvious reasons are problematic given fossil fuel exposures, but beyond that, we have a good and wide representation of geographies and industries," Thomson said.