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Showing 41 - 50 of 252 results for "exclude"

Ellerston ramps up exclusions list

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
Ellerston Capital will take a flexible approach to ESG considerations, but will exclude direct investments in tobacco, pornography, old growth forest logging, and thermal coal production. The asset manager has updated its product disclosure statement ...

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
Woodside disregards historic investor rejection of its climate plan; the energy giant's US$1.2bn natural gas takeover negates its US$2.35bn carbon capture buy "more than 21 times over". Woodside's US$1.2bn bid for Tellurian and its Driftwood ...

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 ...