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Showing 11 - 20 of 36 results for "coal mining"

Banks' role in global decarbonisation under spotlight

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
... that would stand out," Butters said. "Many banks across the world are beginning to set restrictions on lending to coal mining or thermal power generation expansion projects. But others have gone a step further and have begun implementing coal phase out ...

Report calls out AIA's coal-based assets, policy

RACHEL ALEMBAKIS  |  TUESDAY, 22 DEC 2020  |  NEWS
... intensity of our investment portfolio. This includes the decision to end all direct equity balance sheet investments in coal mining and coal-fired power generation earlier this year, and carrying out a full review of all other coal-related investments ...

Auction system proposed to halve electricity emissions

RACHEL ALEMBAKIS  |  TUESDAY, 22 DEC 2020  |  NEWS
... will be impact on communities - there are 10,000 workers on the coal fired industry as well as the workers in the coal mining industry." Blueprint Institute is a new think tank that launched this year, and is backed by

Government to launch inquiry into financial sector and climate risk

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
... coal industry which includes coal operation (production, mining, and cokeries), transportation of coal, production of coal mining equipment as well as from storage and trade, according to the company's website. VanEck didn't specifically announce why ...

Industry fund lifts game on SRI options

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 OCT 2020  |  NEWS
... risks of climate change, including divesting from businesses that derived more than 10% of their revenue from thermal coal mining, representing $40 million of its equity portfolio. The cash gained from divesting from thermal coal producers will be redeployed ...

First State Super-backed Victorian fund makes first investment

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUL 2020  |  NEWS
... least 30% by 2023. The threshold for divestment is companies that derive more than 10% of their revenue from thermal coal mining. The newly announced Climate Change Portfolio Transition Plan builds on the fund's 2015 climate change adaption plan, and ...

First State Super targets 30% emissions reduction in equities portfolio

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUL 2020  |  NEWS
... least 30% by 2023. The threshold for divestment is companies that derive more than 10% of their revenue from thermal coal mining. The newly announced Climate Change Portfolio Transition Plan builds on the fund's 2015 climate change adaption plan, and ...

HESTA to move to net zero carbon emissions in portfolio by 2050

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020  |  NEWS
... emissions reduction targets on an annual basis. HESTA was the first major Australian super fund to place a thermal coal mining restriction across all investment options and recently extended this restriction to further eliminate the financing of potentially ...

Market Forces lodges shareholder resolutions with Westpac, NAB, ANZ

RACHEL ALEMBAKIS  |  FRIDAY, 11 OCT 2019  |  NEWS
... to the fossil fuel sector in line w/ the goals of the Paris Agreement." Market Forces noted that ANZ's exposure to coal mining increased by 27% to $1.4 billion in 2018 and a further 7% to $1.5 billion in the first half of 2019. NAB's reported net exposure ...

Directors speak to evolving, expanding role of corporate boards at ACSI conference

RACHEL ALEMBAKIS  |  FRIDAY, 12 MAY 2017  |  NEWS
... absolutely no doubt that what's in the best interest of our shareholders is that if the Carmichael is open up to new coal mining, that it's being done through existing infrastructure that's already in place as opposed to building green infrastructure ...