Search Results

Showing 31 - 40 of 147 results for "divestment"

Australia's wealth gap deepens: Report

CHLOE WALKER  |  THURSDAY, 28 SEP 2023  |  NEWS
... the tools at their disposal to manage carbon risk - active engagement, investment, managed phase out and responsible divestment." Ed note: article updated with comment from Emma Herd.

Exiting emissions-intensive assets may not reduce climate risk

ROSE MARY PETRASS  |  THURSDAY, 28 SEP 2023  |  NEWS
... overall financial returns of the institutional investors that part-own them. While companies and investors are turning to divestment as a way to reduce their own exposure to asset- or stock-specific climate-related investment risks, the sale of emissions-intensive ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... predicter of future trends than ESG ratings." Despite the challenges, Millais remains optimistic about fossil fuel divestment across the finance sector. "It's been clear to us since 2014 that the window is closing on any investment in the fossil ...

NGS tracking ahead on 2030 net zero pledge

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... process, including holdings in Woodside and Santos and others in the oil and gas exploration and production industry. The divestment from oil and gas companies was based on calculations relating to stranded assets, rather than Scope 1 and 2 emissions ...

Are investors walking the walk when it comes to voting on biodiversity?

ROSE MARY PETRASS  |  THURSDAY, 1 JUN 2023  |  NEWS
Asset managers have argued in favour of engagement rather than divestment - but a new report from non-profit financial think tank Planet Tracker has found that even sustainability funds at the largest asset managers are consistently voting against biodiversity ...

RIAA launches armed conflict toolkit for investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
... approach, of course sometimes that's not possible." Carlsson noted that while sanctions provide a straightforward answer on divestment by investors and exiting business by companies, where there's no sanctions in an armed conflict situation, it adds ...

Are companies drowning in a sea of ESG requests?

ROSE MARY PETRASS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
... the hole where there's a collective information issue and we will fill this hole through taxonomy." Escalation or divestment Escalation strategies, such as voting against directors and shareholder proposals, should be used when concerns are not addressed. ...

Is divestment the last resort for modern slavery?

RACHEL ALEMBAKIS  |  THURSDAY, 11 MAY 2023  |  NEWS
... exploitation because when people are desperate, they will take on any job they can to survive. "I would emphasise that divestment may actually exacerbate labour exploitation. What I would like to ask then, please, is that you the investment community ...

Super funds ESG options underweight BHP, overweight CSL: Rainmaker Information

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
... Development Goals and other parameters, super fund ESG portfolios have in recent years clearly evolved from simplistic divestment strategies, to a mix of divestment, engagement and positive portfolio construction. And this should be overlaid with how ...

Modern slavery on the rise 10 years after Rana Plaza

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
... participate as long-term owners, Turner said. "As investors, once an instance has been found, our first step shouldn't be divestment, our first step should be to lean in and engage," Turner said. "We know that divestment and remedy don't go hand ...