Search Results

Showing 21 - 30 of 215 results for "Climate Action 100"

Funds SA and Apostle jump on activist group rebound

ROSE MARY PETRASS  |  THURSDAY, 24 OCT 2024  |  NEWS
The embattled global climate alliance has its phoenix moment reporting 90 new signatories across every continent, including Future Group, Funds SA, and Apostle Funds Management. However, a significant loss of 71 members means the Climate Action 100+ ...

AXA IM battles poor data on road to net zero

ROSE MARY PETRASS  |  MONDAY, 30 SEP 2024  |  NEWS
Despite acknowledging data accuracy uncertainties, AXA Investment Managers (AXA IM) says its interim targets are on track and it will reach net zero by 2050. In its latest carbon reduction monitor and associated sustainability reports, the fund manager ...

Executives urge Canberra to move faster

ROSE MARY PETRASS  |  MONDAY, 16 SEP 2024  |  NEWS
Aussie executives unanimously believe in their companies' ability to grow while reducing greenhouse gas emissions but want Canberra to move faster, according to Deloitte. The professional services firm's annual CxO Sustainability Report, which ...

Asset manager defends climate group exit

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
A $US49 billion asset manager confirmed its exit of the Climate Action 100+ (CA100+), but said it still considers climate an investment risk. Breckinridge Capital Advisors, a certified B Corp, said its ESG approach would not change. The firm has a direct ...

Aussie funds loyal in climate group exodus

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
The local rep of an influential climate group assuages doubts around the flight of financial firms worth roughly $7.84 trillion, saying Australian firms are still committed. A wave of US asset owners and financial advisors recently exited the Climate ...

KPMG prints first climate risk report

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
The major professional services business is the latest of the Big Four accounting firms to report on Task Force on Climate-related Financial Disclosures (TCFD). This comes as the federal government's legislation on mandatory climate reporting is ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
Mining giant Rio Tinto's political lobbying activities are a greenwashing risk, a breach of public trust, and a form of investor deception, according to ACCR. This week, a prominent shareholder advocacy group announced it cut ties after a year-long ...

Investors bow to political pressure: IGCC

ROSE MARY PETRASS  |  THURSDAY, 25 JUL 2024  |  NEWS
Climate Action 100+'s local representative confirms two more high-profile exits but insists more funds have signed up than have departed. Parametric and Calvert Research and Management - both owned by Morgan Stanley Investment Management - recently ...

RIAA warns against carbon capture

ROSE MARY PETRASS  |  MONDAY, 22 JUL 2024  |  NEWS
A group of over 500 investors cautions investors and companies against gambling their transition plans on unproven and unscaled technology, as the Senate recommends a ban on carbon capture and storage (CCS). This comes as a host of players ramp up their ...

TelstraSuper appoints ESG lead

ELIZABETH FRY  |  THURSDAY, 18 JUL 2024  |  NEWS
TelstraSuper has appointed a new head of ESG who will report directly to chief investment officer Graeme Miller. Priya Patel has officially been promoted to the role after serving in an interim capacity for five months. "With her proven expertise and ...