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Super funds set renewables targets

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024  |  NEWS
The Association of Superannuation Funds of Australia (ASFA) has welcomed the decision at a recent Treasury investor roundtable to progress work towards encouraging greater investment in Australia's renewables transition. The roundtable was for the ...

ETFs recover and dominate

ROSE MARY PETRASS  |  MONDAY, 25 NOV 2024  |  NEWS
Sustainable ETFs are thriving after having a rough year prior, according to Rainmaker's latest Wholesale Managed Funds Net Flow Report. The data covers net flows of 1100 products across 170 different asset managers in all asset classes. Over the ...

Future Fund to back energy transition, residential housing

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024  |  NEWS
The Future Fund has been handed a new mandate, with the government directing it to prioritise investments in the energy transition, residential housing, and infrastructure. The $230 billion sovereign wealth fund has been provided with a new investment ...

COP29 skirts diplomatic disaster

ROSE MARY PETRASS  |  MONDAY, 25 NOV 2024  |  NEWS
... by its impacts and are the least equipped to withstand its devastating consequences," Kyriacou said. "The prosperity - and high carbon emissions - of the rich world has been achieved at the expense of the poor, and now the poor are being forced to pay ...

Experts cynical of Adani outcome under Trump

ROSE MARY PETRASS  |  MONDAY, 25 NOV 2024  |  NEWS
The stock market reacted quickly to the SEC's allegations of bribery and fraud against Adani Green and Azure Power - but this could be swept under the rug in a Trump-controlled America. Gautam Adani and Sagar Adani from Adani Green Energy Ltd, and Cyril ...

Why climate-linked exec pay fails

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
... unlikely to be effective," she said. Alongside climate and nature investment and advisory firm Pollination, IGCC assessed 14 high-emitting ASX-listed companies against best practice in climate-linked pay packages for executives, interviewing investors ...

Climate adaptation presents $100bn opp: IGCC

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
There is an urgent need for investments to protect against escalating climate risks and minimise capital flight from vulnerable areas as the globe careens closer to a runaway climate change scenario. At the Investor Group on Climate Change (IGCC) summit ...

New risks on board watch list

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
... weaker economy and deteriorating business conditions," Rigotti said. "It's clear that cost of living pressures, inflation, and high interest rates are continuing to take a toll on businesses, their clients and their staff." Directors are also extremely ...

Supermarket giants lead anti-slavery efforts

ROSE MARY PETRASS  |  FRIDAY, 15 NOV 2024  |  NEWS
Coles and Wesfarmers have been named among the most successful case studies of company engagement in the fight against slavery. Investors Against Slavery and Trafficking Asia Pacific (IAST APAC) published its annual report this week highlighting investor ...

Australia among the leaders in lowering carbon emissions

MICHELLE BALTAZAR  |  THURSDAY, 14 NOV 2024  |  NEWS
... additional 37.4 billion tonnes of carbon dioxide in the atmosphere this year compared to last year from fossil fuels alone. A high 41% of emissions came from coal, 32% from oil and 21% from gas. Emissions from land use (such as deforestation) also rose ...