Search Results

Showing 41 - 50 of 245 results for "political"

Coalition's anti-ESG stance sparks investor backlash

ROSE MARY PETRASS  |  THURSDAY, 23 JAN 2025  |  NEWS
... of Australia's world-renowned banking system. "In the same way that our superannuation system should be free from political interference, the same standard should apply to a bank's lending portfolio."

Aussie billionaires make $67k per hour: Oxfam

KARREN VERGARA  |  THURSDAY, 23 JAN 2025  |  NEWS
... population," Oxfam Australia chief executive Lyn Morgain said. "As the federal election looms, it's critical that our political leaders take bold steps to ensure the super-rich pay their fair share of taxes, so we can fund essential services like ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025  |  NEWS
... structure of the NZBA." Financial institutions are pulling back from climate groups amid ongoing criticism from the political right as US President Donald Trump takes power. Asset managers cited multiple reasons for their exits, including; politicisation ...

Meta fact-checking move unsettles ethical investors

ROSE MARY PETRASS  |  THURSDAY, 16 JAN 2025  |  NEWS
... reduced content oversight, could hinder progress on ESG. This could exacerbate "social inequities, instability, and even political unrest," Morningstar Sustainalytics executive Michelle Cameron said. Although "these risks are unlikely to impact company ...

Major climate group suspends operations

ROSE MARY PETRASS  |  WEDNESDAY, 15 JAN 2025  |  NEWS
An alliance of financiers with over US$57.5 trillion in assets has bowed to US political pressure and hit pause after the exit of the world's largest asset manager, BlackRock. Net Zero Asset Managers (NZAM), which has over 300 members, announced ...

GFANZ pivots amid climate alliance shake-up

ROSE MARY PETRASS  |  MONDAY, 13 JAN 2025  |  NEWS
... at Rainmaker Group, said fund managers are walking away from climate commitments or broader ESG principles for either political reasons or in response to the compliance burden of participating at a firm level. "Tracking and reporting against commitments ...

The big green investing trends of 2025

ROSE MARY PETRASS  |  THURSDAY, 19 DEC 2024  |  NEWS
... as financially material risks for investors. "2025 is shaping up to be a pivotal year for sustainable investing, with political, macroeconomic, and regulatory developments that will transform the landscape," says Hortense Bioy, head of sustainable investing ...

Cooling US clean tech to drive Aus growth

ROSE MARY PETRASS  |  THURSDAY, 19 DEC 2024  |  NEWS
... aviation fuels were hit the hardest by poor US investor sentiment. This cooling was attributed to high interest rates, political uncertainty, regulatory limitations and infrastructure issues. Richie Merzian, CEO of Clean Energy Investor Group (CEIG) ...

Investors "not interested" in nuclear

ROSE MARY PETRASS  |  MONDAY, 16 DEC 2024  |  NEWS
... driven cost of living crisis dramatically worse in the short, medium & long term," he said. "This policy has a clear political agenda. The LNP conflates renewable energy with the Australian energy hyperinflation evident since Putin's invasion of ...

Climate changes how investors get paid

ROSE MARY PETRASS  |  FRIDAY, 13 DEC 2024  |  NEWS
... and cash flow volatility. Location-specific considerations, such as oil prices, carbon emission allowance prices, and political and economic uncertainty were also factored in. "Governments, organisations and businesses have recognised immediate actions ...