Search Results

Showing 41 - 50 of 274 results for "fossil fuels"

Australia among the leaders in lowering carbon emissions

MICHELLE BALTAZAR  |  THURSDAY, 14 NOV 2024  |  NEWS
... executive director of the Global Carbon Budget, said there has been a 0.8% increase in global carbon emissions from fossil fuels in 2024. This is equivalent to an additional 37.4 billion tonnes of carbon dioxide in the atmosphere this year compared to ...

'No' to nuclear energy, 'yes' to biodiversity

MICHELLE BALTAZAR  |  MONDAY, 11 NOV 2024  |  NEWS
... retailer ZEN found that 27% of Australians think renewable technology isn't advanced enough yet to fully replace fossil fuels while another 25% believe the government hasn't provided the leadership to implement a full transition to renewable ...

Betashares launches first ethical bonds ETF

ROSE MARY PETRASS  |  FRIDAY, 8 NOV 2024  |  NEWS
... government bonds that are screened to exclude issuers (other than sovereign bond issuers) with material exposure to fossil fuels. It screens for gambling, tobacco, uranium and nuclear energy, armaments and militarism, and adult entertainment, based on ...

UniSuper defends APA stake amid member backlash

ROSE MARY PETRASS  |  WEDNESDAY, 2 OCT 2024  |  NEWS
... and we provide members the choice of three sustainable and environmental branded options which limit exposure to fossil fuels." UniSuper is one of Australia's largest superfunds with approximately $139 billion AUM as of June 2024.

Industry lobbying weakens nature laws

ROSE MARY PETRASS  |  WEDNESDAY, 18 SEP 2024  |  NEWS
... its climate targets. "The world's scientists are clear: to avoid dangerous climate change we cannot keep expanding fossil fuels. "Yet Australia's main environmental law does not currently require decision-makers to consider greenhouse gas emissions or ...

CareSuper ousts ESG policies in merger

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... CareSuper will drop Spirit Super's emissions targets, impact investing, and exclusions of controversial weapons and fossil fuels. The merger slated for November will create a new CareSuper entity with 573,000 members and $53 billion funds under management. ...

Podcast: Screening and controversies - tobacco, weapons, fossil fuels and more with Julia Leske

THE GREENER WAY  |  TUESDAY, 3 SEP 2024  |  NEWS
When investors want to avoid specific activities in their portfolio - like tobacco, gambling, weapons, fossil fuels, or adult entertainment - they turn to ESG screening. But what happens behind the scenes when fund managers make these crucial decisions? ...

Fossil-fuel engagements require flexibility, not confrontation

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... frameworks and measurements put in place, and now we are in a place of impact and results. But in industries like fossil fuels, where the core business faces potential obsolescence, confrontational engagement can be ineffective, according to Altiorem's ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... as a measure of a company's commitment to climate action. Australia's largest bank has now updated its climate and fossil fuels policy to state it will exit existing corporate or trade finance or bond facilitation facilities, where contracts legally ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... 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 as suitable for members who "are deeply committed ...