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Showing 601 - 610 of 3696 results for "investment"

Aus Ethical gets ex-PRI chief

ROSE MARY PETRASS  |  WEDNESDAY, 3 JUL 2024  |  NEWS
... with over $10 billion in funds under management has appointed ex-CEO of the UN-supported Principles for Responsible Investment (PRI) to its board. Fiona Reynolds joins Australian Ethical Superannuation with more than three decades of experience in responsible ...

First renewable energy zone to start works

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
... first Renewable Energy Zone (REZ) in the country to achieve planning approval will drive up to $20 billion in private investment and unlock at least 4.5 gigawatts of new network capacity over the next six years. Having just gained planning approval ...

Allspring defends exit from climate group

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
... strategy because it makes sense financially. The firm "considers climate risks and other sustainability themes in our investment strategies and stewardship activities because we believe they contribute to our number one priority: generating positive ...

Investors exit climate group amid politicisation

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
... politicised." In March, several US state attorneys penned a letter urging US-based asset managers to not allow their investment decisions to be "commandeered by activists" to "push political goals". IGCC said the letter "greatly misrepresents the nature ...

LGIM, Generation, MUFG to report on nature

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
... including 25% of the world's systemically important banks (GSIBs). The financial institutions include LGIM, Generation Investment Management and MUFG Asset Management. David Blood, senior partner, Generation Investment Management, said: "To achieve a ...

Latest disclosure update

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
... regulators have proposed changes to the Sustainable Finance Disclosure Regulation's (SFDR) classification of sustainable investment products. The changes include two voluntary product categories, 'sustainable' and 'transition', to ...

Clean energy trends are "unstoppable"

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
... investor's toolbox, amidst low overall growth which in some countries has turned negative or become unstable, a global investment manager says. The long-term trend toward electrification and renewable power shows no signs of slowing yet. Direct investments ...

Retirement heavyweight pitches climate fix

ROSE MARY PETRASS  |  THURSDAY, 27 JUN 2024  |  NEWS
... board to help Future Group set science-based carbon reduction targets - inspired by the A$44,3 billion Norges Bank Investment Management (NBIM). He joins the firm amidst a leadership overhaul, making 158 senior appointments, including 17 special counsel ...

ESG funds are cheaper: Morningstar

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUN 2024  |  NEWS
... costs of funds in Europe in six of the most popular Morningstar categories over the past decade for both cohorts and by investment style (passive versus active). They found active ESG funds have lower costs than their conventional peers in five out of ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
... The super fund changed its environmental, social and governance policy, removing its revenue-based coal, oil and gas investment restrictions and replacing them with a "carbon budget framework". Market Forces analysis revealed Vision Super's default ...