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Showing 391 - 400 of 3119 results for "ACT"

Active Super PM opens asset consultant

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025  |  NEWS
Active Super senior portfolio manager Ken Pholsena has launched an asset consultancy to help wholesale clients fine-tune their investment strategies across multiple asset classes. Pholsena spent 16 years at Active Super and its predecessor the Local ...

Board cyber security oversight 'endangers' firms

KARREN VERGARA  |  MONDAY, 24 MAR 2025  |  NEWS
... he said. For super funds and insurance firms, the FAR essentially imposes four heightened obligations on senior leaders: to act with honesty, integrity, care, skill and diligence; take responsibility for all areas of the business operations; apply new ...

Mandatory sustainability reporting in Australia

ALETTA BOSHOFF  |  MONDAY, 24 MAR 2025  |  NEWS
... required in half-year financial reports and what should be included in a sustainability report. The Bill amends the Corporations Act 2001 (Corporations Act) and mandates sustainability reporting (initially only consisting of climate statements and notes ...

UBS delays climate target to 2035

KARREN VERGARA  |  FRIDAY, 21 MAR 2025  |  NEWS
UBS has delayed its climate targets deadline to 2035 for its operations and flagged it is scrapping its mission to align 20% of total assets within its asset management unit to net zero. In its Sustainability Report 2024 released this week, the global ...

5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON  |  THURSDAY, 20 MAR 2025  |  NEWS
Close to 5000 European funds being marketed as ESG hold interests in companies involved in fossil fuels, research shows. Close to 5000 funds being marketed as ESG in Europe hold interests in companies involved in fossil fuels, research shows. Analysing ...

TAL nabs AIA strategy lead

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025  |  NEWS
TAL Austalia has recruited a senior investment strategy and portfolio manager from rival AIA Australia. John Archer was at AIA for two years, joining from CommInsure where he spent 17 years, most recently as the executive manager of investment strategy. ...

CEFC gives $160m to sustainable real estate credit projects

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAR 2025  |  NEWS
The Clean Energy Finance Corporation (CEFC) is partnering with Goldman Sachs Alternatives to pour $160 million into sustainable real estate. The investment is being made alongside the Goldman-managed Real Estate Credit Partners (RECP IV) fund and will ...

Active Super to pay $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025  |  NEWS
Active Super's greenwashing will cost it $10.5 million in civil penalties for misleading members about its ESG credentials purported to eliminate investments in Russian companies and others involved in mining and tobacco, the Federal Court determined. ...

Net zero, energy transition key election items: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025  |  NEWS
Ahead of the federal election, the Grattan Institute has highlighted the move to net zero and energy transition as areas that should be prioritised by whoever wins. In terms of major reforms Grattan is calling for to achieve a net-zero economy, the ...

Decoding Trump 2.0 and the impact on ESG investing

MANS CARLSSON  |  MONDAY, 17 MAR 2025  |  NEWS
... numerous executive orders, including the US withdrawal from the Paris Agreement, a repeal of elements of the Inflation Reduction Act of 2022 (Inflation reduction Act), repeal of federal DEI (diversity, equity and inclusion) programs and changes to inclusion ...