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Showing 11 - 20 of 48 results for "fiduciary duty"

Global investors unite for Climate Action 100+

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
... the Netherlands, Switzerland, and Sweden. The signatories said addressing climate-related investment risks was a "fiduciary duty" and that all investors "have an obligation to protect the value of their assets for the beneficiaries of their investments". ...

Holdings fly in face of super duty

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
Aussie super funds' recent ramp up of fossil fuel holdings breaches their fiduciary duty and puts Australian retirements at risk, researchers say. Despite net zero by 2050 commitments, Australia's largest 30 super funds nearly doubled fossil fuel exposure ...

Podcast: Divestment, impact, and all that good stuff with Sharon Davis of Future Super

THE GREENER WAY  |  TUESDAY, 16 APR 2024  |  NEWS
... (proxy voting and engagements), and how to approach divesting from fossil fuels while at the same time ensuring the fiduciary duty of long-term returns for members.

Canberra's new plan a winner for investors

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
... energy generation and storage, critical minerals, advanced manufacturing, and infrastructure. In order to meet their fiduciary duty to make returns for beneficiaries and avoid capital flight, Australia must compete globally for investment. The Investor ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... funds. "Australian institutional investors are still managing climate risk and opportunities every day - as is their fiduciary duty. The fact remains that a fast and fair decarbonisation of the economy has by far the best outcomes for their beneficiaries." ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
... portfolios and made it clear that providing investors with information about investor risk is part of BlackRock's fiduciary duty. At its May 2023 AGM BlackRock shareholders overwhelmingly supported climate-friendly and diversity policies. Then in ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... consider climate tipping points. Methodologies that guide the finance world should be corrected as a matter of fiduciary duty, according to a report by economist Steve Keen from the University College of London and think tank Carbon Tracker. The report ...

Does ESG have a fiduciary problem?

ROSE MARY PETRASS  |  WEDNESDAY, 12 JUL 2023  |  NEWS
... operational, market, liquidity, credit, currency, and inflation. Despite criticism that positions ESG as a barrier to fiduciary duty, panellists argued that embracing ESG principles is in the interest of stakeholders. ESG investing, they said, provides ...

Family offices see ESG as part of fiduciary duty: Ocorian

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUN 2023  |  NEWS
Family offices increasingly see focusing on ESG as "part of fiduciary duty", according to global high net worth and family office service provider Ocorian. Ocorian recently conducted global research that found that more than 90% agree that a focus on ...

Strengthen governance to avoid investment greenwashing: SSGA

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
... internal consistency. "It's also very important to us to work with our internal legal team to prioritise the fiduciary duty implications of any commitments we make," she explained. Wong cited the example of SSGA becoming a signatory of the Net Zero ...