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Showing 41 - 50 of 476 results for "fossil fuel"

UniSuper reduces its fossil fuel exposure

RIDDHIMA TALWANI  |  THURSDAY, 16 OCT 2025  |  NEWS
UniSuper reduced its fossil fuel investments to 1.8% in FY25, down from 2.4% the previous year. In its annual climate report, the super fund said it achieved this by decreasing exposure to oil and gas pipeline revenue through the sell-down of APA Group ...

Fiducian sued for greenwashing in ESG fund

ELIZA BAVIN  |  MONDAY, 6 OCT 2025  |  NEWS
ASIC has launched proceedings in the Supreme Court of NSW against Fiducian Investment Management, alleging it breached its duties as a responsible entity and engaged in misleading and deceptive conduct about its environmental, social and governance ...

Climate finance groups call for stronger regulations

ANGELIQUE MINAS  |  TUESDAY, 30 SEP 2025  |  NEWS
... inspiration in Carney's speech, Lloyd's of London has announced it will not discourage insurance coverage for new coal and fossil fuel projects. Closer to home, Australian Super, has reinvested in coal. It is the biggest investor in Whitehaven Coal after ...

Australian investors to struggle to meet 2035 climate targets: Report

ANGELIQUE MINAS  |  FRIDAY, 26 SEP 2025  |  NEWS
A new report by BMI reveals a disparity between 2035 climate targets set by the Australian government, and existing policies for implementation. Following recommendations made by the Climate Change Authority (CCA), the federal government recently announced ...

Government hands down 2035 climate target

MATTHEW WAI  |  FRIDAY, 19 SEP 2025  |  NEWS
... nowhere near what is needed to secure our survival. Not only that, it doesn't address the enormous burden of Australia's fossil fuel exports, the consequences of which the children of the Pacific will have to bear." The announcement was, however, welcomed ...

Aware Super expands investment restrictions

ELIZA BAVIN  |  MONDAY, 15 SEP 2025  |  NEWS
... also introduce a military equipment screen for the Socially Conscious options. The super fund is also simplifying the fossil fuel screens and descriptions in the Socially Conscious options by combining the coal, coal fired power generation, and oil and ...

Rest revises sustainable option's investment criteria

ELIZA BAVIN  |  THURSDAY, 11 SEP 2025  |  NEWS
... to meet all factors." For unlisted investments in the infrastructure asset class, Rest said it will also apply the fossil fuel screens that apply to listed Australian shares and overseas shares.

ART pledges $2bn towards impact investing

ELIZA BAVIN  |  THURSDAY, 11 SEP 2025  |  NEWS
... net zero transition by 2050, it has not disclosed whether or how it assesses the alignment of its ongoing lending to fossil fuel companies and projects with that goal. "Without this disclosure, Macquarie's shareholders have no way to identify and ...

Australia could gain $190bn windfall as Trump snubs net zero

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025  |  NEWS
A new report from the Climate Council suggests that while US President Donald Trump's policies turn away from federal climate support, major US states, companies - and rivals such as China - are powering ahead with the switch to renewable energy. The ...

IGCC priorities heard at reform roundtable

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025  |  NEWS
... legislating the national adaptation plan, maintaining and expanding the Safeguard Mechanism beyond 2030, and removing fossil fuel subsidies. "There was universal agreement that our environmental laws are not fit for purpose, and an overhaul is overdue. ...