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Showing 11 - 20 of 78 results for "thermal coal"

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
... exclusion policy, Vision Super is out of step with member expectations as many super funds are dumping all investments in thermal coal. "It's alarming that Vision Super has withdrawn its thermal coal exclusion policy after previously demonstrating ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
... 2023) and Bank of America ($33.7bn in 2023). Bank of America recently dropped their exclusions of Arctic drilling, thermal coal, and coal-fired power plants. The Big Four banks were on the list with a total pool of more than $4.5bn in fossil fuel commitments ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
... derive more than 10% of their reported revenues from fossil fuels, specifically the exploration or production of thermal coal or oil and gas. In a statement, UniSuper said: "Transurban meets the screening criteria applied to investments in the Sustainable ...

Two new ETFs for Franklin Templeton

KARREN VERGARA  |  MONDAY, 15 APR 2024  |  NEWS
... companies that are directly involved in producing controversial weapons, tobacco products, and mining or extracting thermal coal, or extracting oil from tar sands subject to a 10% revenue threshold. The Franklin Australian Absolute Return Bond Fund (FRAR) ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
... Fund excluded companies that "derive 5% or more of their total annual revenues (either reported or estimated) from thermal coal-based power generation" and have a score of 3 or 4 in the low carbon transition management score quartile. Northern Trust ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
... to sustainability" because they excluded investments in companies involved in carbon intensive fossil fuels like thermal coal. Exclusions were also stated to apply to companies involved in alcohol production and gambling. ASIC has also issued a series ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... to sustainability" because they excluded investments in companies involved in carbon intensive fossil fuels like thermal coal. Exclusions were also stated to apply to companies involved in alcohol production and gambling. The regulator alleged that the ...

Strong demand for green bonds: BNP Paribas Asset Management

RACHEL ALEMBAKIS  |  TUESDAY, 27 JUN 2023  |  NEWS
... if you look at the issuer-level strategy, what happens if they tell you they're going to invest four times more in thermal coal versus renewables. What does that say about their emissions curve - it's not bending downwards, it's coming up. "From that ...

Global development banks release joint principles towards Paris alignment

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... cross-sectoral activities. The MDBs have announced four activity types not aligned with the Paris Agreement: mining of thermal coal, electricity generation from coal, extraction of peat, and electricity generation from peat. MDBs are allowed to undertake ...

Investors welcome New National Net Zero Authority

ROSE MARY PETRASS  |  FRIDAY, 5 MAY 2023  |  NEWS
... the energy transition." Professor John Quiggin, economist at University of Queensland said: "A transition out of thermal coal is going to occur, because the world is moving to other sources of energy - our choice is whether that transition is planned ...