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Showing 21 - 30 of 327 results for "mandate"

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025  |  NEWS
The global ethics watchdog has issued fresh directives on judging green claims, with the minutiae still in flux in Australia as mandatory reporting begins for large entities and financial firms. Part of a broad crackdown on greenwashing and ESG-related ...

Climate funds see first year of outflows

ROSE MARY PETRASS  |  FRIDAY, 24 JAN 2025  |  NEWS
Global climate funds suffered more withdrawals than deposits in 2024, with net outflows reaching US$24 billion, according to fresh data from Morningstar. In Europe, climate thematic funds experienced the largest outflows of any category during 2024. ...

Coalition's anti-ESG stance sparks investor backlash

ROSE MARY PETRASS  |  THURSDAY, 23 JAN 2025  |  NEWS
... on ESG considerations and factoring it into their risk management policies as part of sound business practices. Such a mandate could compel banks to finance industries that these funds deliberately avoid, potentially affecting the alignment of investment ...

Trump Paris exit "bad news" for rest of world

ROSE MARY PETRASS  |  THURSDAY, 23 JAN 2025  |  NEWS
... Alaska will be supported. "With my actions today, we will end the Green New Deal and we will revoke the electric vehicle mandate," Trump said. Climate rollback a global concern Equity Trustees general manager of responsible investing Dilan Ashton said ...

Scottish Widows mandates Robeco to build new ESG indices

ROSE MARY PETRASS  |  TUESDAY, 21 JAN 2025  |  NEWS
Robeco is partnering with the UK life insurance and pensions company to create custom equity indices for developed and emerging markets following responsible investment principles. The international asset manager and specialist in quant and sustainable ...

Subscription EVs attract HESTA, IFM interest

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JAN 2025  |  NEWS
IFM Investors and HESTA, by way of its mandate with the former, will take a 49% stake in Splend Group, a provider of subscription electric vehicles. IFM Investors has made the investment via its Growth Partners Fund 2, with HESTA and others also investing ...

Real Asset Management taps DWS sales exec

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024  |  NEWS
... firm has made significant strides in institutional investment and distribution, including securing a large institutional mandate from a large Southeast Asian sovereign wealth fund last year. "Adam's expertise in business strategy implementation across ...

Future Fund to back energy transition, residential housing

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024  |  NEWS
The Future Fund has been handed a new mandate, with the government directing it to prioritise investments in the energy transition, residential housing, and infrastructure. The $230 billion sovereign wealth fund has been provided with a new investment ...

Mega asset manager defends OECD complaint

ROSE MARY PETRASS  |  FRIDAY, 22 NOV 2024  |  NEWS
BlackRock dismisses allegations it increased spending in agribusiness and ignored known harm in its active and index funds. The complaint follows legal precedent that financial institutions are responsible for acting on human rights and environmental ...

World Bank exit policy gets thumbs up from local experts

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
The world's largest development financier has released its long-awaited policy on responsibly divesting, a historic first in its 80-year history. The new policy builds on the Sustainability Policy of the International Finance Corporation (IFC) - the ...