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Showing 41 - 50 of 147 results for "divestment"

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

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
... on fire? How is your retirement secure when you can't breathe the air outside? "... The best time for public pension divestment was ten years ago. The second best time is 2023. Californians' lives, our homes, and our families depend on it." Fossil Free ...

AGL saved from HESTA divestment

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
... 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 released its inaugural Climate ...

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
... "forward-looking view of investee companies' emissions pathways, which is critical to investment opportunities, engagement and divestment decisions," Robeco said. Investors are backing renewables, with 51% saying the energy crisis has reinforced their ...

The active advantage in sustainable investment: Pengana

RACHEL ALEMBAKIS  |  THURSDAY, 23 FEB 2023  |  NEWS
... opportunities. "Generally, active managers of ESG risk would normally have a strong preference for engagement rather than divestment when they have concerns about the ESG characteristics of a particular stock that they already hold," Richardson noted. ...

UniSuper caps future investment in fossil fuel

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
... directly influence change by engaging with boards and management and by exercising our voting rights," Pearce said. "Divestment, while always an option, eliminates the influence we have. "Engagement is working. This year we've seen 76% of our investments ...

HESTA ups the ante on AGL, Santos on climate

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... encourages companies to set and achieve carbon reduction targets aligned to a 1.5 o C transition pathway - rather than divestment of emissions-intensive companies." Watchlist companies are subject to closer engagement and monitoring. The engagement escalation ...

NGS Super divests from oil and gas producers

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... more than $190 million in oil and gas exploration and production companies, predominately Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon emissions by 2025 within the ...

Resource efficiency a marker for investment performance: Osmosis

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... (ex-Australia). The portfolio will aim to mitigate environmental risks while targeting a better risk-adjusted return. Fossil fuel divestment falls into three camps, those investors who believe that the sector will suffer significant value destruction ...

Risk management includes expanded ESG list: Governance Institute

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2022  |  NEWS
... component, including requests for climate change risk disclosures, genuine commitments to achieve net zero targets, and divestment from fossil fuel assets." The guide identifies social risks as including "workplace bullying, sexual harassment and assault ...

UniSuper sustainability exec departs for Vanguard

RACHEL ALEMBAKIS  |  THURSDAY, 30 JUN 2022  |  NEWS
... we've been having in engagements across our portfolios," Dixon said. "We've been targeted by activist groups for divestment, and I think one of the key nexuses we saw was that while we didn't think divestment was the best lens to talk about ...