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Showing 171 - 180 of 536 results for "coal"

Asian companies setting net zero goals, lagging on capital alignment

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... targets from 2050 to 2070, but there is a discrepancy on the corporate level. The report noted that Asia consumed 80% of coal usage globally, 38% of oil and 23% of natural gas, saying "this high fossil-fuel dependence inevitability implies a rising share ...

AGL saved from HESTA divestment

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
... AGL to continue to develop its decarbonisation ambitions in alignment with the 1.5°C pathway including bringing forward coal-fired power generation closure dates through effective strategy execution and growing investment in renewables and storage. ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... renewable generation and storage facilities in Australia. This is expected to enable the retirement of one of Australia's largest coal-fired power generation plants, Eraring, and will be undertaken with the highest regard for network reliability and ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... options offered by Mercer Superannuation exposed investors to industries the fund said were excluded from the offering, such as coal, alcohol production and gambling," Longo said in his speech. ASIC alleges Mercer made false and misleading statements ...

ASIC takes Mercer to court over greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
... to sustainability" because they excluded investments in companies involved in carbon intensive fossil fuels like thermal coal. Exclusions were also stated to apply to companies involved in alcohol production and gambling. According to ASIC, the regulator ...

APAC investors cite ESG impact in real asset allocations

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
... but impact exists at many levels, said Aviva Investors head of ESG, real assets Edward Dixon. "As we dig deeper towards the coal face where assets are being invested into the private markets we see a more immediate definition of impact," Dixon said. ...

ARENA backs concentrate solar power plant

RACHEL ALEMBAKIS  |  TUESDAY, 14 FEB 2023  |  NEWS
... well-designed CIS should enable a pipeline of commercially financed CSP projects built in anticipation of the retirement of our coal generators.''

US attorneys general call out proxy advisers for "woke" agenda

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 FEB 2023  |  NEWS
A coalition of US Republican states attorneys general have sent a letter to two proxy voting advisers, warning them over ESG-related recommendations to their states' investment vehicles including pension funds. Texas Attorney General Ken Paxton and ...

IML launches Sustainable Future Fund

RACHEL ALEMBAKIS  |  TUESDAY, 17 JAN 2023  |  NEWS
... harm', including companies that derive more than 10% of their revenue from tobacco production, gaming, pornography, thermal coal, weapons or armaments. It also positively screens companies via the IML Conscience Vote - the belief of managers that a selected ...

Carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022  |  NEWS
The carve out from the Your Future, Your Super (YFYS) performance test for faith-based funds has been axed by the government, despite it being an election policy. In December 2021, the government said it would adjust the performance test to account ...