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Showing 241 - 250 of 2808 results for "REC"

ETFs recover and dominate

ROSE MARY PETRASS  |  MONDAY, 25 NOV 2024  |  NEWS
Sustainable ETFs are thriving after having a rough year prior, according to Rainmaker's latest Wholesale Managed Funds Net Flow Report. The data covers net flows of 1100 products across 170 different asset managers in all asset classes. Over the ...

Mega asset manager defends OECD complaint

ROSE MARY PETRASS  |  FRIDAY, 22 NOV 2024  |  NEWS
BlackRock dismisses allegations it increased spending in agribusiness and ignored known harm in its active and index funds. The complaint follows legal precedent that financial institutions are responsible for acting on human rights and environmental ...

World Bank exit policy gets thumbs up from local experts

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
The world's largest development financier has released its long-awaited policy on responsibly divesting, a historic first in its 80-year history. The new policy builds on the Sustainability Policy of the International Finance Corporation (IFC) - the ...

Why climate-linked exec pay fails

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
Investors increasingly look to companies that tie pay to climate goals but despite its popularity, it largely fails to achieve results, a new study reveals. In the past four years, the practice rose from 10% to 54% in ASX200 companies. Research released ...

Responsible funds thrive despite greenwash fears: RIAA

ROSE MARY PETRASS  |  WEDNESDAY, 20 NOV 2024  |  NEWS
Despite greenwashing being a major deterrent to responsible investment in 2024, the sector still saw $1.6 trillion inflows and returns outperformed the traditional Australian shares market. Responsible Investment Association Australasia's (RIAA) annual ...

Climate adaptation presents $100bn opp: IGCC

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
There is an urgent need for investments to protect against escalating climate risks and minimise capital flight from vulnerable areas as the globe careens closer to a runaway climate change scenario. At the Investor Group on Climate Change (IGCC) summit ...

New risks on board watch list

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
Compliance, regulation, and climate change are the red-hot topics for boards, who are pessimistic about Australia's economic and business prospects, the latest update from the Australian Institute of Company Directors reveals. Nearly two-thirds (61%) ...

Supermarket giants lead anti-slavery efforts

ROSE MARY PETRASS  |  FRIDAY, 15 NOV 2024  |  NEWS
Coles and Wesfarmers have been named among the most successful case studies of company engagement in the fight against slavery. Investors Against Slavery and Trafficking Asia Pacific (IAST APAC) published its annual report this week highlighting investor ...

Australia among the leaders in lowering carbon emissions

MICHELLE BALTAZAR  |  THURSDAY, 14 NOV 2024  |  NEWS
Defying the global increase of carbon dioxide emissions from fossil fuel, Australia has slashed its emissions year-on-year, a trend likely to continue. A research report 'The Global Carbon Budget' released this week in time for COP29 found the ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  TUESDAY, 12 NOV 2024  |  NEWS
Fronting a Senate hearing today, Cbus chief executive Kristian Fok said the fund's board is still considering whether it will appoint the replacement directors nominated by the CFMEU back in September. In September, the CFMEU administrator re-nominated ...