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Showing 41 - 50 of 210 results for "divest"

Is divestment the last resort for modern slavery?

RACHEL ALEMBAKIS  |  THURSDAY, 11 MAY 2023  |  NEWS
... Obokata said that investors' immediate reaction to companies disclosing instances of labour exploitation may be to divest, but he recommended against that. "No investment could mean scaling or shutting down business in supply chains, most of which ...

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

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
Super fund ESG options on average have "sharply reduced" exposure to BHP, Woodside Energy and Transurban while being overweight CSL, Telstra and ResMed, according to Rainmaker Information. Rainmaker Information has released its most recent Rainmaker ...

Modern slavery on the rise 10 years after Rana Plaza

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
It is 10 years since more than a thousand people died in the Rana Plaza textile factory collapse in Bangladesh in April 2013. In the intervening years, regulations to improve factory safety has been introduced in Bangladesh, and issues related to worker ...

California considers bill to force fossil fuel divestment for CalPERS, CalSTRS

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
A bill that would force CalPERS and CalSTRS to divest from fossil fuel investments by July 2030 is making its way through the California legislature. SB 252, which would halt future investment in fossil fuel assets and force the California pension funds ...

AGL saved from HESTA divestment

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
HESTA, the Australian industry superannuation fund for workers in health and community service sectors, has removed AGL from its list of companies marked for divestment. This comes as Damien Nicks was appointed CEO of AGL in January. The energy company ...

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
... will use - "Fourteen percent investors with a net-zero target targets in place say their current approach is to completely divest from oil and gas companies and 23% with a net zero target say they will do this in the next two years," Robeco said. For ...

Australian Ethical divests from Lendlease over koala concerns

RACHEL ALEMBAKIS  |  TUESDAY, 14 MAR 2023  |  NEWS
Concerns over the survival of a healthy koala colony in south-western Sydney has triggered Australian Ethical to divest its holdings in Lendlease Group. Australian Ethical has sold its shares in Lendlease over the planned development at Mt Gilead in ...

The active advantage in sustainable investment: Pengana

RACHEL ALEMBAKIS  |  THURSDAY, 23 FEB 2023  |  NEWS
... positions in companies that are moving towards better management of ESG risks and opportunities, there has to be the option to divest from securities of companies that continue to underperform. "That's something that really works best when there's ...

Experts weigh net zero risks, opportunities of Origin Energy bid

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
... the consortium bid and exploration of Origin's upstream permits Kater said. Earlier this year, Origin announced it would divest its interest in the Beetaloo Basin, and announced an intention to exit its upstream exploration permits. EIG had previously ...

bfinance sounds alarm on "overly simplistic" carbon targets

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
Investors face potentially serious pitfalls if they apply "overly simplistic" carbon-reducing targets in equity portfolios, according to bfinance. The independent investment consultant identified a restricted manager universe, sub-optimal or unintended ...