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Showing 21 - 30 of 49 results for "stranded assets"

Cbus Super announces net zero portfolio emissions target

RACHEL ALEMBAKIS  |  THURSDAY, 3 SEP 2020  |  NEWS
... transitioning either due to products they produce or lack of management capability. Under the roadmap Cbus will develop a stranded assets framework, building on work that has already seen several high-risk climate holdings reduced or being removed from ...

HESTA to move to net zero carbon emissions in portfolio by 2050

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020  |  NEWS
... all investment options and recently extended this restriction to further eliminate the financing of potentially stranded assets, HESTA noted. The foundation of the CCTP and the work that will be needed to ensure its implementation at HESTA is the fund's ...

Investing for positive environment impact, financial return: First Sentier

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2020  |  NEWS
... structures which are complex and have poor governance characteristics. You see that there is a strong risk of stranded assets in that sector, which has kept us from investing in that." One area that First Sentier sees potential for tremendous growth ...

MSCI creates Climate Change Indexes tilted to low carbon transition

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2019  |  NEWS
... clean technology companies when compared to the underlying benchmark. The Indexes also help to reduce exposure to stranded assets with 50 percent lower exposure to thermal coal and four times less exposure to companies with carbon intensive products ...

Lawsuit against ExxonMobil heightens Australian directors climate risk

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2018  |  NEWS
... scenario analysis, ExxonMobil made material misstatements with its representations that it faced little or no risk of stranded assets under a 'two-degree scenario'. Its conclusion was largely based on internal proxy costs of carbon and an assumption ...

40% of Chinese Coal Power Plants are Losing Money: Carbon Tracker

RACHEL ALEMBAKIS  |  TUESDAY, 16 OCT 2018  |  NEWS
... that China's National Energy Investment Group, the world's largest power company, risks losing US$66 billion in stranded assets - half its total capital - if it pursues business as usual, while two other companies risk losing more than their total capital ...

APRA encourages entities to perform stress-test for climate-related risks

RACHEL ALEMBAKIS  |  FRIDAY, 1 DEC 2017  |  NEWS
... economy. "Shifts in market sentiment have increased the risk of asset value volatility, and the potential for stranded assets," he said. "Institutions that fail to adequately plan for this transition put their own futures in jeopardy, with subsequent ...

Majority of largest asset owners recognise risk of climate change: AODP

RACHEL ALEMBAKIS  |  FRIDAY, 28 APR 2017  |  NEWS
... owners perform these calculations, up from 10% last year. Twelve percent of asset managers assess the risk of stranded assets in their portfolio, while 6% of asset owners do this, up from 5% last year. The amount of low carbon investment by asset owners ...

Carbon footprint impacts on company share price: AXA IM

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2016  |  NEWS
... equation and do that." The conclusions of the Rosenberg Equities analysis has implications on the valuation of stranded assets on share price, McDonald noted. I think it's an obvious framework for thinking about stranded assets, this idea that we can ...

Impax Asset Management analyses environmental impact of portfolio

PIA LEFEVRE  |  FRIDAY, 23 SEP 2016  |  NEWS
... carbon footprint companies are not necessarily where the risk lays because they are not necessarily where the stranded assets are." Impax also recently published their report on Carbon risk for investors: Building a "Smart Carbon portfolio" which focuses ...