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Showing 191 - 200 of 210 results for "divest"

VicSuper chooses SSgA for active global equities ESG mandate

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 NOV 2013  |  NEWS
... companies involved in the manufacture of tobacco products - in May of this year, VicSuper's trustees voted to gradually divest from holdings in tobacco products. At the time of the announced decision, VicSuper's current investment in tobacco accounted ...

Investors ask companies for information on fossil fuel exposures

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
Australian investors have joined a group of 70 global investors calling on the world's top oil and gas, coal and electric power companies to assess the financial risks of climate change to their business. The Carbon Asset Risk (CAR) initiative, coordinated ...

Cbus to divest from tobacco assets

RACHEL ALEMBAKIS  |  FRIDAY, 6 SEP 2013  |  NEWS
Cbus will divest from its holdings in companies that manufacture tobacco products. The investment committee and board of the AU$23 billion industry superannuation fund made the decision based on the interests of members and their long-term investment ...

Asset owners, managers see climate change as material risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 AUG 2013  |  NEWS
... Assessment of climate risk are directly influencing investment decisions - 53% of asset managers said that they decided to divest or not invest in listed equities based on climate change concerns. Also, 56% of asset managers said they have conducted ...

RIAA: Responsible Investment portfolios continue to grow

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUL 2013  |  NEWS
Responsible investment portfolios in Australia managed AU$152 billion or 16% of total assets under management last year, and core responsible investment funds are outperforming the benchmark of mainstream funds, according to the Responsible Investment ...

Impax Asset Management makes case for fossil fuel divestment

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUL 2013  |  NEWS
... impact of fossil fuel divestment because there is a strengthening campaign seeking to persuade institutional investors to divest from fossil fuel-based assets as a way of protecting against the downside risk of climate change as well as the potential ...

Bill McKibben urges super funds to divest from fossil fuel

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 JUN 2013  |  NEWS
... met with superannuation funds during his recent Australian tour, pressing the economic and moral case for investors to divest from fossil fuel companies. Bill McKibben, co-founder and chairman of the board of 350.org McKibben, the author of The End of ...

Greens call on Future Fund to divest from coal companies

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2013  |  NEWS
The leader of the Australian Greens party has called for the Future Fund to divest its investments in coal companies. Senator Christine Milne "Earlier this year the Future Fund ditched its tobacco investments in response to a campaign led by the Greens," ...

VicSuper, SAS Trustee Corporation to divest from tobacco

RACHEL ALEMBAKIS  |  FRIDAY, 17 MAY 2013  |  NEWS
VicSuper and the SAS Trustee Corporation (STC) have voted to divest their funds of holdings in companies that manufacture tobacco products. The $9.2 billion VicSuper said it will phase out investing in manufacturers of tobacco products from this year ...

NGOs, institutional investors seeking engagement pathways

RACHEL ALEMBAKIS  |  FRIDAY, 26 APR 2013  |  NEWS
... Julian Poulter, AODP executive director. "The objective is certainly to increase low carbon investments and by implication, divest to a degree from fossil fuels and highly exposed assets. The strategy to get there is both going straight to the funds ...