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Showing 21 - 30 of 147 results for "divestment"

Offloading assets is last resort in fight against slavery

ROSE MARY PETRASS  |  MONDAY, 21 OCT 2024  |  NEWS
... path forward. According to First Sentier MUFG Sustainable Investment Institute, asset owners and managers should treat divestment as a last resort. They have released a guide for investors in partnership with the international human rights group, Walk ...

Green moves at Future Group, AusSuper, Birdwood, Minderoo, Mutual Trust

ROSE MARY PETRASS  |  MONDAY, 21 OCT 2024  |  NEWS
... executive search firm Perrett Laver. The team now hunts for a new junior analyst, "someone who is passionate about divestment, action on climate change, and keeping companies accountable." Meanwhile, AustralianSuper has a new head of investment operations ...

Geostrategic risks in a changing world

ROSE MARY PETRASS  |  WEDNESDAY, 1 MAY 2024  |  NEWS
... opportunities," Evans said. When it comes to political conflicts and human rights abuses, there is the question of divestment. Investors are weighing up whether divestment really is the right answer - as it can lead to further human rights consequences ...

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

THE GREENER WAY  |  TUESDAY, 16 APR 2024  |  NEWS
Today, senior journalist and host Rose Mary Petrass sits down with Sharon Davis, Executive Director of Investments at Future Super, a superfund that invests for a fossil fuel free future. The superannuation firm has no coal, oil and gas holdings, and ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... companies are open to this dialogue". They said that engagement is "escalated further if necessary, up to and including... divestment". The firm also undertakes engagements with index providers which construct the underlying indices that the ETFs passively ...

Personal views influence climate decision-making

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
... greenwashing and a lack of adequate data from companies on their climate plans, but are actively using both engagement and divestment in equal proportions as tools for responding to climate risks. Reputational risk was found to be more important than ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... optimistic that we will be able to ensure that the company is moving in the right direction. It would be grounds for divestment if the company were to abandon appropriate transition plans and fail to remedy the problem around lobbying. "We'll work w/ ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... leadership in climate transition. Insurance companies invest in financial markets to generate income. There is discussion of divestment from emissions-intensive assets, or stewardship and engagement in the companies that insurance firms invest in. IAG ...

Danish pension fund completes US$520m divestment

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
Danish pension fund AkademikerPension has completed a fossil fuel divestment program to exit its portfolio of oil and gas stocks worth US$520 million with the sale of Italy's ENI. The fund, which oversees $20 billion in client assets, has undergone ...

Grim stats for company, investor net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
... optimal solution is for super funds "to publicly commit to a 7% annual decarbonisation targets that requires forced divestment of carbon laggards. Only if Australian companies risk losing capital from our super funds will they see the importance of acting ...