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Showing 181 - 190 of 924 results for "Total"

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024  |  NEWS
Active Super has been found guilty of misleading the public with false claims about its environmental, social, and governance (ESG) credentials. The profit-to-member fund, which is set to merge with Vision Super in March 2025, made claims on its website ...

Holdings fly in face of super duty

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
Aussie super funds' recent ramp up of fossil fuel holdings breaches their fiduciary duty and puts Australian retirements at risk, researchers say. Despite net zero by 2050 commitments, Australia's largest 30 super funds nearly doubled fossil fuel exposure ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
... their exclusions of Arctic drilling, thermal coal, and coal-fired power plants. The Big Four banks were on the list with a total pool of more than $4.5bn in fossil fuel commitments last year. Recording the sharpest drop was Commonwealth Bank, which dropped ...

More funding necessary to fix housing crisis

ROSE MARY PETRASS  |  MONDAY, 20 MAY 2024  |  NEWS
... small businesses to address challenges alongside government. Co-operative housing currently makes up less than 1% of the total housing stock in Australia. In Europe, it makes up as much as 45% of all housing.

Budget 2024: A win for clean energy, not environment

ROSE MARY PETRASS  |  WEDNESDAY, 15 MAY 2024  |  NEWS
The Federal Budget is an "excellent down-payment" on clean energy - but fails on nature and biodiversity, gas, electrification, and ACCUs. Treasurer Jim Chalmers aims to unlock $65 billion in renewables by 2030 through the Capacity Investment Scheme. ...

Stewardship resources should double

ROSE MARY PETRASS  |  TUESDAY, 14 MAY 2024  |  NEWS
... Resources dedicated to the values of responsible planning and management of an organisation, need to double as a proportion of total investment resources at industry level. Industry average stewardship resourcing currently sits at around 5% as a percentage ...

ESG managed accounts hit $16 bn

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
... including time savings, in their business. BT added 94 managed portfolios in the 12 months leading up to 30 April 2024. The total number of managed portfolios surpassed 400. Head of managed accounts Zac Leman said: "We continue to build our offer for ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
... traffic, which increases climate and other pollution," the member said. "Road transport causes about 20% of Australia's total greenhouse gas emissions. While other sectors, such as electricity generation, are reducing their emissions in line with Australia's ...

AXA IM releases engagement data

ROSE MARY PETRASS  |  THURSDAY, 9 MAY 2024  |  NEWS
... America. The reported €480 bn AUM classified as ESG, sustainable or impact funds at the end of December 2023. 200 of the total engagements were conducted either at board or C-suite level. The firm voted at 97.6% of meetings; a total of 54,782 proposals ...

BlackRock-Temasek closes at US$1.4 bn

ROSE MARY PETRASS  |  MONDAY, 6 MAY 2024  |  NEWS
Two of the world's biggest investors have joined forces to fund private companies making waves in decarbonisation and the net zero economy. BlackRock and Temasek reached a final close of US$1.4 billion for their late-stage venture capital and growth ...