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Showing 11 - 20 of 123 results for "divestment"

Are investors walking the walk when it comes to voting on biodiversity?

ROSE MARY PETRASS  |  THURSDAY, 1 JUN 2023  |  NEWS
Asset managers have argued in favour of engagement rather than divestment - but a new report from non-profit financial think tank Planet Tracker has found that even sustainability funds at the largest asset managers are consistently voting against biodiversity ...

RIAA launches armed conflict toolkit for investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
... approach, of course sometimes that's not possible." Carlsson noted that while sanctions provide a straightforward answer on divestment by investors and exiting business by companies, where there's no sanctions in an armed conflict situation, it adds ...

Are companies drowning in a sea of ESG requests?

ROSE MARY PETRASS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
... the hole where there's a collective information issue and we will fill this hole through taxonomy." Escalation or divestment Escalation strategies, such as voting against directors and shareholder proposals, should be used when concerns are not addressed. ...

Is divestment the last resort for modern slavery?

RACHEL ALEMBAKIS  |  THURSDAY, 11 MAY 2023  |  NEWS
... exploitation because when people are desperate, they will take on any job they can to survive. "I would emphasise that divestment may actually exacerbate labour exploitation. What I would like to ask then, please, is that you the investment community ...

Super funds ESG options underweight BHP, overweight CSL: Rainmaker Information

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
... Development Goals and other parameters, super fund ESG portfolios have in recent years clearly evolved from simplistic divestment strategies, to a mix of divestment, engagement and positive portfolio construction. And this should be overlaid with how ...

Modern slavery on the rise 10 years after Rana Plaza

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
... participate as long-term owners, Turner said. "As investors, once an instance has been found, our first step shouldn't be divestment, our first step should be to lean in and engage," Turner said. "We know that divestment and remedy don't go hand ...

California considers bill to force fossil fuel divestment for CalPERS, CalSTRS

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
... on fire? How is your retirement secure when you can't breathe the air outside? "... The best time for public pension divestment was ten years ago. The second best time is 2023. Californians' lives, our homes, and our families depend on it." Fossil Free ...

AGL saved from HESTA divestment

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
... superannuation fund for workers in health and community service sectors, has removed AGL from its list of companies marked for divestment. This comes as Damien Nicks was appointed CEO of AGL in January. The energy company released its inaugural Climate ...

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
... "forward-looking view of investee companies' emissions pathways, which is critical to investment opportunities, engagement and divestment decisions," Robeco said. Investors are backing renewables, with 51% saying the energy crisis has reinforced their ...

The active advantage in sustainable investment: Pengana

RACHEL ALEMBAKIS  |  THURSDAY, 23 FEB 2023  |  NEWS
... opportunities. "Generally, active managers of ESG risk would normally have a strong preference for engagement rather than divestment when they have concerns about the ESG characteristics of a particular stock that they already hold," Richardson noted. ...