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Showing 201 - 210 of 966 results for "Action2020"

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
While the country's top 30 super funds have lower stakes in Woodside and Santos, they continue to engage with the resource companies while prioritising returns for members. Compared with two years prior, the two energy giants have a larger share ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
Invesco is the latest departure from the Climate Action 100+ network, as four major US banks leave climate benchmark group the Equator Principles. Insiders insist the news has been sensationalised by the media and that more firms are joining than are ...

Industry unveils plan to boost female executives

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
A new mentor program from Future IM/Pact is making it easier for investment teams to recruit female finance professionals. The program hopes to address key structural barriers that hinder skilled and numerate women from entering Australia's $4 trillion ...

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
The Business Council of Australia has called for a minimum 12-month delay on climate reporting, citing a need for "training wheels" to prevent "risking failure." This comes as Treasury considers a 6-month delay raised by the Australian Institute of ...

Tracking nature: finance lags on biodiversity

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
Major financial intuitions and companies are falling behind on global deforestation, as the EU enacts a new law to protect and restore nature. 75% of the Earth's land surface has been significantly altered by human activities, according to the UN Environment ...

Defunct fund pays greenwashing fine

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 FEB 2024  |  NEWS
A now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...

Investors scrutinise Australia-first gender pay gap data

ROSE MARY PETRASS  |  TUESDAY, 27 FEB 2024  |  NEWS
Investors are looking to today's gender pay gap release to inform decision-making and identify reputational, legal, and financial risks in investible companies. The Workplace Gender Equality Agency (WGEA) today published data on base salaries and total ...

AXA IM warns companies on climate lobbying

ROSE MARY PETRASS  |  THURSDAY, 22 FEB 2024  |  NEWS
Ahead of the new 2024 voting season, a global asset manager with US$1.4 trillion in assets under management has announced it will take action and vote on key ESG proposals. AXA Investment Managers (AXA IM) has changed its voting policy, stating it will ...

Australian Unity to assist as trustees in compensation deal

RACHEL ALEMBAKIS  |  THURSDAY, 22 FEB 2024  |  NEWS
Australian Unity has been engaged in distributing $27.5m federal government compensation to falsely imprisoned Indonesian children. Australian Unity Trustees will assist in distributing the money to "as many as 240 Indonesian victims, who were wrongfully ...

Japan issues first climate transition bond

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
In a world first, Japan's JPY1.6 trillion (US$11 billion) Climate Transition Bond will launch with proceeds going to fund Japan's carbon neutrality investment roadmap. The bond is certified under the Climate Bonds Standard, which assures environmental ...