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Showing 181 - 190 of 463 results for "fossil fuel"

ASIC takes Mercer to court over greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
Mercer Super Trust is the first entity in Australia to face legal action for alleged greenwashing conduct. ASIC has launched court action against Mercer Superannuation (Australia), the trustee of the Mercer Super Trust, for allegedly making misleading ...

NGS Super taps Robeco for global equities ESG mandate

RACHEL ALEMBAKIS  |  THURSDAY, 23 FEB 2023  |  NEWS
... MSCI World Index, structured to take into account NGS's exclusions of tobacco, controversial weapons, nuclear and fossil fuel exposures, said NGS Super head of equities, fixed income and alternatives Lucas Hartmann. "This is where the tricky bit ...

Government's Climate Active certification challenged over possible greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
... greenwashing and it is undermining Australia's emission reduction efforts and international reputation. "Promoting fossil fuel companies as climate leaders punishes companies with legitimate climate ambition. It rewards greenwashing while credible ...

IFM Investors commits to US biogas developer

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
... CEO and founder Marc Fetten will continue to lead GreenGas alongside the existing management team. "This displaces fossil fuel consumption," Mangini noted. "... More importantly, these are effectively fugitive emissions that are being captured. You have ...

Missouri pulls BlackRock mandate in anti-ESG move

RACHEL ALEMBAKIS  |  THURSDAY, 20 OCT 2022  |  NEWS
The state of Missouri has pulled approximately US$500 million from BlackRock in the latest manifestation of the anti-ESG movement on the rise in some US states. Republican State Treasurer Scott Fitzpatrick announced that the Missouri State Employees' ...

Cobalt essential to net zero goals but brings labour risks: ISS ESG

RACHEL ALEMBAKIS  |  THURSDAY, 13 OCT 2022  |  NEWS
Demand for cobalt - a key mineral in electric vehicle and battery production - is expected to skyrocket, and increasing sourcing from countries like Australia could help diversify away from labour and safety risks present in other countries, according ...

Energy insecurity won't halt green transition: Northern Trust Asset Management

RACHEL ALEMBAKIS  |  THURSDAY, 6 OCT 2022  |  NEWS
... energy security has come to the fore as a major argument as well as the price signal that's being sent through fossil fuel use to households and corporations everywhere. "We don't know how long that price signal is going to last - it might last ...

Investors call for 75% emissions reduction by 2035

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... public and Parliament on key policy matters, and enshrine climate risk management in government," phasing out all fossil fuel subsidies by 2025, and phasing in a mandatory climate risk disclosure regime that is aligned to the Task Force on Climate-Related ...

bfinance sounds alarm on "overly simplistic" carbon targets

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... and the same manager's pooled fund. bfinance noted that this is a double edged sword - removing companies such as fossil fuel extractors "would have been disadvantageous in the first half of 2022, when the energy sector was up 23% in the MSCI ACWI, but ...

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
Fortescue Metals will deploy US$6.2 billion by 2030 to eliminate fossil fuel use and achieve "real zero" Scope 1 and 2 emissions across its iron ore operations. The company announced this week that their updated decarbonisation plans will "generate ...