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Showing 31 - 40 of 219 results for "exclusion"

Schroders quietly backpedals on carbon

ROSE MARY PETRASS  |  MONDAY, 9 SEP 2024  |  NEWS
Schroders has quietly changed its exclusion policy and sustainable fund offering, all while issuing a disclaimer on ESG. The active investment manager dropped the word 'Sustainable' from its Schroder Sustainable Global Core Fund; the fund will now be ...

CareSuper ousts ESG policies in merger

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... several of Spirit Super's existing ESG policies will be abandoned. Instead, CareSuper will recalibrate the merged fund's exclusion criteria, portfolio emissions baseline, emissions reduction roadmap and interim targets, to ensure they are "fit-for-purpose" ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
Mercer Superannuation Australia has been slapped with a whopping $11.3 million penalty by the Federal Court on the back of an ASIC-led greenwashing investigation. Mercer was found to make misleading statements on its website about seven Sustainable ...

UniSuper sustainable option returns 15.2%

ROSE MARY PETRASS  |  THURSDAY, 18 JUL 2024  |  NEWS
Sustainable options outperformed default options for the superfund, which has approximately $140 billion in funds under management. Sustainable High Growth and Sustainable Balanced options returned 15.2% and 12.2% respectively. UniSuper's default ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
... after analysis revealed it has purchased $2.2 million worth of Whitehaven Coal stocks after walking back its fossil fuel exclusion policy last year. The super fund changed its environmental, social and governance policy, removing its revenue-based coal ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024  |  NEWS
... invasion of Ukraine. For example, an Active Super Responsible Investment report highlighted "RUSSIA OUT" as a country exclusion. That report revealed that Active Super held investments in Russian stocks through two emerging market funds but begun divesting ...

AOFM launches first Green Treasury Bond

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
... the development of the Green Bond Framework, particularly with the focus on current and forward-looking expenditure, exclusion categories, [and] plans for ongoing reporting, including on social co-benefits where possible." The bond will finance renewable ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
Financing for fossil fuel companies has fallen sharply overall since the Paris Agreement was inked in 2016 but progress among the world's top banks has been mixed. The world's 60 largest banks, including Australia's Big Four banks, committed US$6.9 ...

Podcast: Advancing First Nations outcomes with Phil Usher

THE GREENER WAY  |  TUESDAY, 30 APR 2024  |  NEWS
... Phil is on a mission to help Aboriginal and Torres Strait Islander communities emerge from the effects of historical exclusion and oppression, empowering Community to deconstruct and unpack their relationship with money. Cultural competency is vital ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024  |  NEWS
The Federal Court determined Vanguard misled investors via claims it made about certain ESG screens it applied to its Ethically Conscious Global Aggregate Bond Index Fund. On March 8, the indexing giant admitted to "engaging in conduct that was liable ...