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Showing 171 - 180 of 966 results for "Action2020"

Instos continue to fund fossil fuel expansion

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
As of May 2024, over 7,500 institutional investors hold US$4.3 trillion worth of bonds and shares in coal, oil, and gas companies, despite many committing to wind down financed emissions. Vanguard ($413 bn), BlackRock ($400 bn), State Street ($171 bn) ...

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  MONDAY, 8 JUL 2024  |  NEWS
Future Group's flagship super offering has returned 10.1%, while Verve Super achieved 9.9% last financial year. The results are for the Future Super Balanced Index option and Verve Super's standalone strategy. Future Group said the results are ...

SBTi chief Luiz Amaral to step down

ROSE MARY PETRASS  |  THURSDAY, 4 JUL 2024  |  NEWS
The group tasked with defining best practice in science-based emissions reduction goals seeks a new CEO. Luiz Fernando do Amaral will step down from his role for personal reasons at the end of July. Susan Jenny Ehr, currently chief legal officer, will ...

Over half of firms created new net zero roles: Deloitte

ROSE MARY PETRASS  |  WEDNESDAY, 3 JUL 2024  |  NEWS
Recruiters on the ground confirm uptick in corporate sustainability roles is unparalleled and shows no signs of slowing, with small to medium size firms now driving demand in Australia. Over 50% of financial firms added headcount or created new roles ...

ISO to launch first net zero standards

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
The International Organization for Standardization (ISO) will develop its first international net zero standard to launch at COP30 in November 2025 in Brazil. The standard will be an expansion of the ISO Net Zero Guidelines launched at COP27. It aims ...

Allspring defends exit from climate group

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
The global asset manager commented on its departure of the Climate Action 100+ (CA100+), stating it will not abandon climate goals. Allspring said it exited CA100+ so it could take a more customised approach. The Investor Group on Climate Change (IGCC) ...

Investors exit climate group amid politicisation

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
Climate Action 100+ (CA100+) has lost two more asset managers; Allspring and AllianceBernstein decided to leave in May. The high-profile withdrawals have been pinned to heavy politicisation of ESG. This follows the departure of J.P. Morgan, Invesco ...

Climate Change Authority appoints new chair

ROSE MARY PETRASS  |  MONDAY, 24 JUN 2024  |  NEWS
Former NSW liberal member Matt Kean will take over as the new Climate Change Authority (CCA) chair in August, with the founder of an impact investment firm named a new member. This comes amid ongoing debate around the efficacy of nuclear energy, with ...

Gender gap to close in 134 years: World Economic Forum

ELIZA BAVIN  |  MONDAY, 17 JUN 2024  |  NEWS
The World Economic Forum released its Global Gender Gap Report for 2024 revealing that, at the current pace, it will take another 134 years - equivalent to five generations - to achieve full gender parity. Globally, the gender gap has closed by just ...

Australian Ethical updates investment guide

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024  |  NEWS
Australian Ethical has updated its guide to ethical investing with several additions to further clarify what it considers before making an investment. The super fund added a list of positive and negative factors it considers in developing its criteria ...