Search Results

Showing 1581 - 1590 of 4351 results for "investment"

Australia's wealth gap deepens: Report

CHLOE WALKER  |  THURSDAY, 28 SEP 2023  |  NEWS
... period was superannuation, ACOSS said. While not as concentrated in the hands of the wealthiest households as shares or investment property, the overall value of superannuation rose much faster than other assets, driven by compulsory contributions. It ...

Exiting emissions-intensive assets may not reduce climate risk

ROSE MARY PETRASS  |  THURSDAY, 28 SEP 2023  |  NEWS
... investors are turning to divestment as a way to reduce their own exposure to asset- or stock-specific climate-related investment risks, the sale of emissions-intensive assets may result in unintended negative consequences. Following deep consultation ...

ART outlines road to net zero 2050

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
Australian Retirement Trust (ART) will aim to cut greenhouse gas emissions in its investment portfolio by 43% by 2030 on the way to net zero by 2050. The $260 billion super fund has released its Net Zero 2050 Roadmap, outlining how the fund plans to ...

US regulator slaps US$25m penalty on DWS for greenwashing, AML

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
DWS Investment Management's American operations will pay the US Securities and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an Anti-Money Laundering (AML) program for mutual funds it advised. ...

HESTA releases 2023 AGM hit list

ROSE MARY PETRASS  |  MONDAY, 25 SEP 2023  |  NEWS
... executives on behalf of members. She said these active ownership themes reflect the fund's commitment to responsible investment and engagement for a growing, sustainable and inclusive economy, and strong returns to members. "In the upcoming AGM season ...

Public-private partnership to tackle VIC housing crisis

ROSE MARY PETRASS  |  THURSDAY, 21 SEP 2023  |  NEWS
Victoria has proposed a public-private partnership approach to encourage investment and accelerate the construction of high-quality affordable homes in the hope that supply will bring down skyrocketing housing prices. A target of 800,000 homes over ...

US regulator adopts tighter rules for ESG fund names

RACHEL ALEMBAKIS  |  THURSDAY, 21 SEP 2023  |  NEWS
The US Securities and Exchange Commission (SEC) has finalized a rule that requires investment funds that identify as being sustainable or ESG to have at least 80% of their value in securities that correspond to the name. The changes to the so-called ...

Kyoto credits cancellation brings tough implications for investors

ROSE MARY PETRASS  |  THURSDAY, 21 SEP 2023  |  NEWS
Last week, the federal government delivered a powerful message to the Australian investment community by cancelling a decade-old stockpile of 700 million Kyoto carbon credits and unveiling new measures to bolster the credibility of the Australian carbon ...

Warakirri AM properties certified sustainable

RACHEL ALEMBAKIS  |  THURSDAY, 21 SEP 2023  |  NEWS
... companies Altora Ag, Australian Food and Fibre, Southern Premium Vineyards and Stahmann Webster as well as Manulife Investment Management, goFARM Australia, Warakirri Asset Management and RRG Capital Management. Following the pilot, Warakirri agreed ...

Australian businesses failing to achieve on sustainability goals

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
... leaders are asking, how do I do this." The report also found that Australian businesses "are less likely to have the investment required to boost sustainable practices," with 34% of respondents indicated insufficient funding is inhibiting progress toward ...