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Showing 11 - 20 of 169 results for "tobacco"

CareSuper ousts ESG policies in merger

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... longer target investment managers expected to deliver lower carbon emissions than the benchmark. It will, however, exclude tobacco, controversial weapons, thermal coal, and production, combustion or transmission of fossil fuels. There are also changes ...

Podcast: Screening and controversies - tobacco, weapons, fossil fuels and more with Julia Leske

THE GREENER WAY  |  TUESDAY, 3 SEP 2024  |  NEWS
When investors want to avoid specific activities in their portfolio - like tobacco, gambling, weapons, fossil fuels, or adult entertainment - they turn to ESG screening. But what happens behind the scenes when fund managers make these crucial decisions? ...

UniSuper sustainable option returns 15.2%

ROSE MARY PETRASS  |  THURSDAY, 18 JUL 2024  |  NEWS
... are Responsible Investment Association Australasia (RIAA) Certified. They exclude companies with material exposure to tobacco, alcohol, gambling, weapons, and fossil fuel exploration and production. ESG head Lou Capparelli said outperformance can be ...

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  MONDAY, 8 JUL 2024  |  NEWS
... use of sustainable investment screens provided a performance boost for both products, with neither invested in gambling, tobacco or weapons companies. For instance, the group pointed out, Australia's energy sector significantly underperformed the ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024  |  NEWS
... that suggests that the claims that there was, for example, "No way" Active Super would invest members funds in gambling, tobacco and so on, was to be read subject to a proviso that there was a way in which it would do exactly that, by investing indirectly ...

ESG demand still high for advisers

ROSE MARY PETRASS  |  THURSDAY, 23 MAY 2024  |  NEWS
... to fund the environment, climate change solutions, nature and renewable energy. Human rights, gender equal, gambling, tobacco, weapons and firearms, are also top of the hit list. The events of the past few years - the pandemic, wars, inflationary pressures ...

Active ownership is the new sheriff in town

MICHELLE BALTAZAR  |  WEDNESDAY, 1 MAY 2024  |  NEWS
... said Stewart. For example, in 2004, Aware Super was one of the first Australian institutional investors to divest from tobacco. In 2015, it was one of the first super funds to come up with a climate adaptation plan. In 2020, it developed a modern slavery ...

Two new ETFs for Franklin Templeton

KARREN VERGARA  |  MONDAY, 15 APR 2024  |  NEWS
... fund does not invest in securities issued by 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 ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024  |  NEWS
... Funds. ASIC noted that the Vanguard International Shares Select Exclusions Index Funds excluded certain investments in tobacco, but "while this screen applied to exclude manufacturers of cigarettes and other tobacco products, it did not exclude companies ...

Government sets stage for sovereign green bond

RACHEL ALEMBAKIS  |  THURSDAY, 7 DEC 2023  |  NEWS
... projects - nuclear energy arms and ammunition manufacturing and chemical weapons manufacture; production or sale of alcohol, tobacco, and other recreational drugs manufacture or retail sale and distribution of any products and services that are prohibited ...