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Showing 151 - 160 of 407 results for "Seven"

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024  |  NEWS
... trustee, LGSS, had been directly invested in Pointsbet and lottery operator Jumbo Interactive, and indirectly invested in seven gambling companies through a Colonial First State fund and the S&P/ASX 200. LGSS argued that "no reasonable person" would ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
... sharpest drop was Commonwealth Bank, which dropped its commitment from $3.8bn back in 2016 to $567m last year. Over the seven-year period however, the bank had financed $17.5bn. By contrast, Westpac had the least commitment overall of $10.7bn since 2016 ...

Australian Ethical snaps up asset manager

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024  |  NEWS
... income capabilities, expanding Australian Ethical's bond fund portfolio, and growing its sustainable investment team to seven. Australian Unity will also become one of Australian Ethical's largest institutional clients. The ethical investment ...

Younger members drive demand

MICHELLE BALTAZAR  |  THURSDAY, 2 MAY 2024  |  NEWS
... three are sustainability-led. From only $2 billion managed in these three options ten years ago, the total pool has grown seven-fold to $15 billion today. Chun expects the growth trend to continue, with its fund members aged between 20 and 25 leading ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
Almost 90% of surveyed auditors do not support the government's requirements to implement mandatory climate reporting and assurance on private companies, not-for-profits and companies limited by guarantee, according to a new survey. The survey was ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024  |  NEWS
... is reportedly one of the largest for any Australia real estate fund manager. The facility is evenly split across five and seven-year tenors and has attracted participation from 20 lenders. Commonwealth Bank of Australia (CBA), ANZ, Westpac, and HSBC ...

Sandon Capital to buy carbon farms

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
... focuses on finding undervalued companies. Sandon is seeking control with a minimum acceptance condition of 50.1%, which is seven cents ($.0667) in cash for every share held. Sandon Capital was founded by Gabriel Radzyminski who is managing director ...

Upskill needed as mandatory reporting looms

ROSE MARY PETRASS  |  TUESDAY, 9 APR 2024  |  NEWS
... development in Australia, increasing the talent pool and the professional competency of practitioners. The framework identifies seven key areas: sustainability reporting, sustainability risk management, sustainable finance strategy, sustainable financial ...

Shared Value founder heads up regional alliance

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
Helen Steel, who founded and led Shared Value Project (SVP), the business impact group, for almost seven years, now takes her experience to regional collaboration efforts. Steel now announces she has joined the South East Councils Climate Change Alliance ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... focus on the bank's financed emissions reduction targets for carbon-intensive sectors, in line with its net zero pathway. Seven targeted carbon-intensive sectors are oil and gas, power generation, automotive, and steel, coal mining, cement, and shipping. ...