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Showing 41 - 50 of 250 results for "exclude"

UBS passive strategies flagged on human rights

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... Responsible Investment Association Australasia (RIAA) said: "It is not acceptable for a financial product that claims to exclude a particular activity, including human rights abuses, to have indirect ownership through an index fund - unless the financial ...

CareSuper ousts ESG policies in merger

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... no longer target investment managers expected to deliver lower carbon emissions than the benchmark. It will, however, exclude tobacco, controversial weapons, thermal coal, and production, combustion or transmission of fossil fuels. There are also changes ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... Sustainable Plus investment options offered in the Mercer Super Trust, of which Mercer is the trustee. The options promised to exclude companies involved in carbon intensive fossil fuels like thermal coal, alcohol production and gambling. They were promoted ...

Pension fund dumps ESG benchmark for passive investments

MICHELLE BALTAZAR  |  FRIDAY, 2 AUG 2024  |  NEWS
The Government Pension Investment Fund (GPIF), one of the largest managers of retirement savings in the world, has dumped the ESG index it had been using for its passive investments in previous years. In March, the fund said it has decided to change ...

UniSuper sustainable option returns 15.2%

ROSE MARY PETRASS  |  THURSDAY, 18 JUL 2024  |  NEWS
... investments with positive ESG attributes and are Responsible Investment Association Australasia (RIAA) Certified. They exclude companies with material exposure to tobacco, alcohol, gambling, weapons, and fossil fuel exploration and production. ESG head ...

Groups unite against carbon offsets

ROSE MARY PETRASS  |  MONDAY, 8 JUL 2024  |  NEWS
... offsets provide a social license for high-emitting activities to continue. Frameworks on climate transition planning must exclude offsetting, they argue. "Fossil fuel companies have claimed to be reducing emissions by investing in planting trees while ...

Australian Ethical updates investment guide

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024  |  NEWS
... measurement and balancing of positive and negative impacts is an important part of our assessment whether to allow or exclude potential investments. "We believe a company or an issuer with positive products and services can offer an ethical investment ...

AOFM launches first Green Treasury Bond

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
The Australian Office of Financial Management (AOFM) has this week launched the first Green Treasury Bond. The $7 billion sovereign green bonds will mature on June 21, 2034 and settlement will occur on June 14. Commonwealth Bank of Australia, Deutsche ...

Closing the Gap in First Nations investing

ROSE MARY PETRASS  |  MONDAY, 6 MAY 2024  |  NEWS
Indigenous communities' needs must be prioritised in investment decisions, and trust must be built through representation. Colonisation has had a profound impact on Indigenous peoples' identity and knowledge, panellists at the Responsible Investment ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024  |  NEWS
... Court said. "In this case, Vanguard promised its investors and potential investors that the product would be screened to exclude bond issuers with significant business activities in certain industries, including fossil fuels, when this was not always ...