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Showing 261 - 270 of 835 results for "Trust"

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... to make misleading statements on its website about seven Sustainable Plus investment options offered in the Mercer Super Trust, of which Mercer is the trustee. The options promised to exclude companies involved in carbon intensive fossil fuels like thermal ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
Mining giant Rio Tinto's political lobbying activities are a greenwashing risk, a breach of public trust, and a form of investor deception, according to ACCR. This week, a prominent shareholder advocacy group announced it cut ties after a year-long ...

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024  |  NEWS
... from environmental themes, like electric vehicles (EVs) or renewable energy. Its top holdings include Tesla, Digital Realty Trust, Enphase Energy, and Samsung SDI. Addressing the negative return, Pearce said the option has been giving back some of the ...

Microsoft makes largest ever offset purchase

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... dioxide and carbon dioxide equivalent (CO2e) greenhouse gas emissions - by 2030. A series of tech firms have now placed their trust in controversial DAC and DAC credits. Recently, Alphabet, Stripe, Meta, Shopify, JP Morgan Chase and other entities signed ...

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024  |  NEWS
... Swinhoe's significant contributions to Mercer Super as a member and chair. "She oversaw the growth of the Mercer Super Trust (MST), including last year's successful merger of BT Super into the MST," he said. Minto joined the board in April 2021 ...

Groups unite against carbon offsets

ROSE MARY PETRASS  |  MONDAY, 8 JUL 2024  |  NEWS
A group of more than 80 global finance industry advocates bodies and nonprofits have come out against the use of carbon offsets, in a letter stating they only delay action. Signatories include Banktrack, Reclaim Finance, ShareAction, Finance Watch ...

SBTi chief Luiz Amaral to step down

ROSE MARY PETRASS  |  THURSDAY, 4 JUL 2024  |  NEWS
... committed efforts and dedication of colleagues, alongside the Technical Council and all of those within companies who put their trust in SBTi. Together we remain focused on our collective efforts to help companies around the world to deliver on the commitments ...

Ex-Moody's chief rejoins standards setter

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
Michel Madelain has been named the new managing director of the International Financial Reporting Standards (IFRS) Foundation, effective 9 September 2024. Madelaine was previously president and chief operating officer for credit ratings and research ...

Women continue to lag in asset management

ROSE MARY PETRASS  |  FRIDAY, 21 JUN 2024  |  NEWS
... Future IM/Pact. The diversity initiative partners with Rest Super, Australian Ethical Investments, Australian Retirement Trust, Aware Super, Colonial First State, HESTA, Mercer, QIC, TCorp, and UniSuper. New research tracks three years of workforce data ...

APRA acts on climate risk watch

ROSE MARY PETRASS  |  FRIDAY, 7 JUN 2024  |  NEWS
Australian Prudential Regulation Authority (APRA) chair John Lonsdale has urged regulated entities to self-assess their current practice to reduce climate-related risks. The prudential regulator is conducting a voluntary survey of its regulated entities ...