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Showing 141 - 150 of 411 results for "fossil fuel"

Investors call for 75% emissions reduction by 2035

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... public and Parliament on key policy matters, and enshrine climate risk management in government," phasing out all fossil fuel subsidies by 2025, and phasing in a mandatory climate risk disclosure regime that is aligned to the Task Force on Climate-Related ...

bfinance sounds alarm on "overly simplistic" carbon targets

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... and the same manager's pooled fund. bfinance noted that this is a double edged sword - removing companies such as fossil fuel extractors "would have been disadvantageous in the first half of 2022, when the energy sector was up 23% in the MSCI ACWI, but ...

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
Fortescue Metals will deploy US$6.2 billion by 2030 to eliminate fossil fuel use and achieve "real zero" Scope 1 and 2 emissions across its iron ore operations. The company announced this week that their updated decarbonisation plans will "generate ...

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 ...

NZ Super Fund shifts $25 billion to low carbon indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022  |  NEWS
... years has reduced fund-wide emissions intensity by nearly 50% and no longer holds any material, long-term exposure to fossil fuel reserves NZ Super Fund noted that the fund's performance has continued to be strong, citing a study by independent think-tank ...

Glencore faces greenwashing allegations

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
The Environmental Defenders Office has filed a complaint with ASIC and the ACCC against mining company Glencore over allegations of greenwashing and behaviour towards Traditional Owners. The Environmental Defenders Office, on behalf of The Plains Clan ...

HESTA ups the ante on AGL, Santos on climate

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... Corporate Responsibility (ACCR). "This public signaling from HESTA on the importance of engagement and in holding fossil fuel companies to 1.5°C pathways is an extremely welcome development," Kater said. "This level of transparency around engagement ...

Investment in low-carbon energy infrastructure on the rise

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 AUG 2022  |  NEWS
... energy hit a record-breaking US$24.1 billion in 2021, with 957 transactions worldwide so far this year. Demand for fossil fuel projects continues to be robust, However, the fossil fuel energy sector may see new participants to "provide capital for continued ...

BlackRock in $1bn capital commitment to battery storage

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
BlackRock Real Assets will acquire one of Australia's leading battery energy storage systems and renewable energy developers as part of a more than $1 billion capital commitment. One of BlackRock Real Asset's funds will acquire Akaysha Energy ...

V-Square launches ESG index strategy

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
V-Square Quantitative Management has launched an ESG and carbon transition index strategy that aligns with the Your Future, Your Super performance test. The V-Square MSCI Global Equity ESG Materiality and Carbon Transition Indexed Strategy tracks the ...