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Showing 371 - 380 of 1753 results for "ESG"

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... Active Super had holdings in Russian securities, which remained in place as at 30 June 2023," the regulator said. ASIC alleges ESG misrepresentations were made on Active Super's website, disclosure documents and on Facebook, Instagram and LinkedIn. ...

S&P Global drops ESG letter ratings from credit reports

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
S&P Global Ratings has stopped providing new ESG scores when evaluating credit in an abrupt about-face. Effective immediately, the company announced it is no longer publishing new ESG credit indicators in our reports or updating outstanding ESG credit ...

Social license or social-washing - weighing the value of public statements on the Voice

ROSE MARY PETRASS  |  THURSDAY, 10 AUG 2023  |  NEWS
... Investment Association of Australasia (RIAA) and the Australian Council of Superannuation Investors (ACSI) support the Voice. ESG and social impact Companies that support the Voice do so because with ESG increasingly at front of mind, both investors ...

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... investments by the end of this decade. The multinational investment bank and financial services company has released its latest ESG report stating that US$700 billion has been designated for financing, out of which more than US$550 billion is specifically ...

Fidelity creates chief sustainability role, plus new chairs for IPCC and PRI

ROSE MARY PETRASS  |  FRIDAY, 4 AUG 2023  |  NEWS
... multiple promotions since he started at the firm in 2007 after leaving a corporate finance role at Norton Rose Fulbright. The ESG expert is being promoted out of his current role as global head of stewardship and sustainable investing, based in Singapore. ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... securities in the Vanguard Ethically Conscious Global Aggregate Bond Index Fund (Hedged) (Fund) were screened against certain ESG criteria." ASIC said investments in the fund were based on the Bloomberg Barclays MSCI Global Aggregate SRI Exclusions Float ...

Finding opportunities in the energy transition: IML

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... looking at the opportunities in investing to take advantage of the global transition thematic. IML portfolio manager and head of ESG Tim Wood noted that there are very limited opportunities to invest directly in some of the technology drivers of the ...

Using ChatGPT to assess climate targets: Acadian

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
... forward-looking information. It also allows Acadian to assess more data in less time, explained Acadian senior vice president, ESG portfolio manager Matthew Picone. "It takes 80 minutes to read a sustainability report on average," Picone said. "That ...

AustralianSuper grows global team with numerous hires

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023  |  NEWS
... strategy for Europe; Sujay Shah has taken on the role of head of internal government portfolios; Deborah Gilshan is the head of ESG and stewardship for Europe; William Manfield is the new head of group risk, international; meanwhile Amanda Mitchell has ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... 2022, with BlackRock and Vanguard among the worst scores. This comes as the US Republican party recently put forward an anti-ESG manifesto seeking to gut sustainability programs and policies in the country. This suggests anti-ESG sentiments in the US ...