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Showing 1641 - 1650 of 4351 results for "investment"

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... action to prevent similar faults in future. Allegations against Mercer Super relate to seven 'Sustainable Plus' investment options offered by the Mercer Super Trust. ASIC notes that the Sustainable Plus options were marketed as being are suitable ...

S&P Global drops ESG letter ratings from credit reports

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... US Department of Labor to halt new rules that would allow US-based retirement plans to consider ESG factors in their investment processes. Last year, Florida Governor Ron DeSantis and the trustees of the US$253.1 billion State Board of Administration ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
The former deputy governor of the Reserve Bank of Australia is one of two leaders of the body that will develop an Australian sustainable finance taxonomy. The Australian Sustainable Finance Institute (ASFI) has named former RBA deputy governor Guy ...

Podcast: Responsible Investment - why does it matter? With Jonathan Armitage

THE GREENER WAY  |  THURSDAY, 10 AUG 2023  |  NEWS
... end investors and the advisers who are assisting them. Joining us for this conversation is Colonial First State Chief Investment Officer Jonathan Armitage. Jonathan has had a storied career in funds management, including a deep experience in sustainable ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
One of the world's largest investment firms has announced a $2 billion fund to invest in New Zealand clean tech towards 100% renewable electricity generation by 2035. The country's energy mix currently consists mainly of hydropower, geothermal power ...

Social license or social-washing - weighing the value of public statements on the Voice

ROSE MARY PETRASS  |  THURSDAY, 10 AUG 2023  |  NEWS
... well as conglomerate Wesfarmers, have each made a $2 million contribution to the Yes campaign. Both the Responsible Investment Association of Australasia (RIAA) and the Australian Council of Superannuation Investors (ACSI) support the Voice. ESG and ...

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... billion National Reconstruction Fund (NRF) board. The NRF will invest in manufacturing projects cross seven priority investment areas - renewables and low emissions technologies; medical science; transport; value-add in the agriculture, forestry and ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... confidential heads of agreement, subject to court approval. O'Donnell chose to bring court action in 2020 after making an investment of approximately $1000 in exchange traded Australian government bonds through the CommSec app earlier that year ...

Revenue recycling carbon tax would increase Australia's GDP

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... pollution reducing programs, and investing in research and development projects. The study proposes that money allotted to investment would rise from the second year as the carbon tax rate increases - amounting to $57 billion over 13 years. Following ...

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... of its US$1 trillion target for sustainable and low-carbon investments by the end of this decade. The multinational investment bank and financial services company has released its latest ESG report stating that US$700 billion has been designated for ...