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Showing 151 - 160 of 494 results for "coal"

NGS Super divests from oil and gas producers

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... on holding companies that generate more than 30% of revenue from distribution, power generation, or extraction of thermal coal, and has now expanded those restrictions to include companies who are in the oil and gas production and exploration sector. ...

Westpac sets 2030 net zero commitments

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
... continue to be supported with corporate lending, Westpac said. Westpac has previously committed to exit financing of thermal coal by 2030, and has updated their thermal coal mining definition to align with the NZBA guidelines for thermal coal. The new ...

Innova launches ESG model portfolios

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... derive more than 1% of revenue from tobacco and weapons, and companies that derive more than 10% of revenue from thermal coal mining, fossil fuel, alcohol, gambling, pornography, as well as companies that undergo severe discrimination controversies ...

UniSuper sustainability exec departs for Vanguard

RACHEL ALEMBAKIS  |  THURSDAY, 30 JUN 2022  |  NEWS
... actions on climate have included divesting from companies generate over 10% of their revenue from the extraction of thermal coal, setting the goal that their 50 largest Australian investments set Paris-aligned operational targets by the end of 2021 ...

Igneo reports on ESG progress

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
... MVV, which Igneo acquired in 2020. "That company has a history of more than 100 years, and its emissions include gas and coal-fired co-generation plants," she said. "When we acquired the business, they had a plan to phase out coal in the late 2030s and ...

Calls for transformation, climate skill in AGL board renewal

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
... demerger proposal to split the energy provider into two separate businesses - AGL Australia (retail business) and Accel Energy (coal and gas-fired power plants). The decision was opposed by shareholders including Grok Ventures and HESTA. Chair Peter ...

Warning on climate risk if net zero targets not achieved

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
... combination of increasing the pace of substituting renewable energy with increased utilisation of other fossil fuels, particularly coal. "To reduce the dependence on Russia, they will have to substitute and double down on their renewable strategy and ...

HESTA first super fund to oppose AGL demerger

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
... BT's Proxy Voting Principles." In its announcement earlier this week, HESTA said a stand-alone company owning AGL's coal-fired power plants risks making it more difficult for the nation to transition to a low-carbon future. "We believe this company ...

RIAA certifies two Real Asset Management funds

RACHEL ALEMBAKIS  |  THURSDAY, 19 MAY 2022  |  NEWS
... activities with the broader interests of our stakeholders" RAM excludes companies that operate in armaments, gaming, pornography, coal mining and tobacco industry groups, and RAM's issuer-level research process reviews and scores issuers on a range of ...

Australian Shareholders' Association issues net zero policy for companies

RACHEL ALEMBAKIS  |  THURSDAY, 19 MAY 2022  |  NEWS
... to ethical or sustainability concerns. The top three exclusions for investors who exclude sectors were gambling, at 42%, coal/fossil fuels at 25% and tobacco at 25%.