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Showing 41 - 50 of 249 results for "political"

Coalition plans to scrap climate reporting

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025  |  NEWS
... ESG is here to stay - despite the Coalition's plans to scrap climate reporting requirements if elected. The negative political sentiment around ESG and climate reporting are not going to do away with ESG considerations, which are deeply embedded in corporate ...

No charge for carbon target failure

ROSE MARY PETRASS  |  MONDAY, 3 FEB 2025  |  NEWS
... dependencies on interconnected systems, the economics to unlock critical technological innovation, behaviour change and political will," Kuo said. "While we should continue to examine and hold companies accountable to managing transition risks and opportunities ...

Green moves: S&P, Northern Trust, Magellan, Maple-Brown Abbott

STAFF WRITER  |  FRIDAY, 24 JAN 2025  |  NEWS
... headwinds in the sustainable investing sector. "There are some coalescing and compounding secular trends that no matter the political party or political theatre of the time, good fiduciaries and careful stewards of capital will continue to build and ...

Climate funds see first year of outflows

ROSE MARY PETRASS  |  FRIDAY, 24 JAN 2025  |  NEWS
... 21.5% for conventional funds and 24.1% for the Morningstar US Market Index. US sustainable funds were shaken by the political climate, said Bioy. "In a critical election year, the backlash against environmental, social, and governance investing intensified ...

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 ...