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Showing 271 - 280 of 549 results for "coal"

Industry fund sets bar higher with Net Zero timing

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
... target builds off of the fund's existing work around ESG integration, including having previously screened out thermal coal, tobacco and controversial weapons, noted Ben Squires, NGS Super chief investment officer. "Through looking at all of the ...

Economist urges drastic action on climate change policy

RACHEL ALEMBAKIS  |  THURSDAY, 4 MAR 2021  |  NEWS
Not having a strong federal policy on climate change and a pathway to move to zero carbon emissions by 2050 brings continued risk to Australia's economic growth long term, according to the head of one the leading economic think tanks. Danielle Wood ...

CEFC finances Tesla megapack battery project

RACHEL ALEMBAKIS  |  MONDAY, 1 MAR 2021  |  NEWS
... underlying annual energy consumption by 2040, with more than 26 gigawatts of additional renewable energy required to replace coal-fired generation. This will require up to an additional 19 gigawatts of new dispatchable resources, including utility scale ...

Social, governance risks to unequal global vaccine distribution

RACHEL ALEMBAKIS  |  THURSDAY, 25 FEB 2021  |  NEWS
The equitable distribution of COVID-19 vaccinations is a human challenge, but it also has implications on investors, companies and operations and supply chains. As rollout of the various vaccinations for COVID-19 begin to happen in countries around ...

Ausbil drops fossil fuel companies from sustainable fund

RACHEL ALEMBAKIS  |  THURSDAY, 18 FEB 2021  |  NEWS
... time period. Previously, the fund had excluded material investments in controversial activities such as uranium, thermal coal, gambling, alcohol, tobacco, weapons and armaments, and pornography. The exclusion list has been expanded to include investing ...

Agriculture sector can contribute to climate solutions: GreenCollar

RACHEL ALEMBAKIS  |  THURSDAY, 11 FEB 2021  |  NEWS
The agricultural sector has a substantial role to play in addressing climate change through emissions reductions and improved biodiversity while providing financial benefit, according to GreenCollar. The Nationals Party is pushing its federal coalition ...

Neuberger Berman joins global diversity initiative

RACHEL ALEMBAKIS  |  MONDAY, 8 FEB 2021  |  NEWS
Investment manager Neuberger Berman has joined an initiative to increase diversity, equity and inclusion in the private equity industry. By signing on to the Institutional Limited Partners Association's (ILPA) Diversity in Action Initiative, Neuberger ...

Industry superannuation fund ESG options surpass $10 billion

RACHEL ALEMBAKIS  |  TUESDAY, 2 FEB 2021  |  NEWS
... expand on this commitment and are designed to avoid companies involved in the production, generation, or transmission of coal, oil or gas. "Surpassing $10 billion FUM across our ESG-themed strategies is a significant milestone," said John Pearce, chief ...

Divestment should be tool of last resort on climate: ACCR

RACHEL ALEMBAKIS  |  MONDAY, 1 FEB 2021  |  NEWS
... reduce emissions in the real economy as an active owner. Of the superannuation funds that announced divestment from thermal coal companies in 2020, none publicly declared their intentions prior to divestment, ACCR said. Divestment can serve as a signal ...

Australia to join climate resilience investment initiative

RACHEL ALEMBAKIS  |  MONDAY, 25 JAN 2021  |  NEWS
The Australian government will join the international Coalition for Climate Resilient Investment (CCRI) and will refresh the National Climate Resilience and Adaptation Strategy. The CCRI is a finance sector-led initiative of more than 75 institutional ...