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Australian Ethical updates investment guide

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024  |  NEWS
... discriminate or restrict human rights, cause animal suffering, mislead of deceive when selling products and services, produce high levels of waste or pollution, and contribute to climate change and harm to nature. "Our Ethical Criteria govern our ethical ...

Brookfield bids for majority stake in Neoen

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024  |  NEWS
... The rationale behind the transaction for Brookfield is that investing in Neoen offers a chance to expand its portfolio of high-quality renewable energy assets amid growing demand for clean power. Brookfield added that the growth of AI and cloud computing ...

Holdings fly in face of super duty

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
... Superannuation Default (10.8%), and MLC's MySuper Growth Portfolio (10.4%). The funds least exposed were: Aware Super's High Growth option (6.6%), NGS Super's Diversified MySuper (6.7%), and Emergency Services and State Super's Balanced default option ...

Standards boards unite for global rollout

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAY 2024  |  NEWS
... emerging markets, with Brazil, Sri Lanka, Nigeria, and Turkey, recently signing on. It's also on the table for middle and high-income countries, including Costa Rica, Japan, Singapore, Malaysia, and Canada. China's Ministry of Finance recently ...

Sustainable Finance Taxonomy open for consultation

ROSE MARY PETRASS  |  TUESDAY, 28 MAY 2024  |  NEWS
... challenges, can collaborate effectively with policymakers who are working on the monumental task of transitioning Australia's high-emitting economy to net-zero." A second round of public consultation is scheduled for Q4 2024. ASFI intends to seek ...

Govt moves timetable on power station closure

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
Last week the NSW government delayed closure of the Eraring Power Station, back-pedaling on a previous decision to close it next year. The station had been scheduled for closure in August 2025, but will remain open for two more years, with the possibility ...

Geopolitical risks push APAC family office allocations locally

KARREN VERGARA  |  MONDAY, 27 MAY 2024  |  NEWS
Geopolitical risks are dictating how family offices in the Asia Pacific invest as more intend to shift asset allocations to their home regions, according to UBS. Family offices surveyed in the UBS Global Family Office Report across the Asia Pacific ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
Financing for fossil fuel companies has fallen sharply overall since the Paris Agreement was inked in 2016 but progress among the world's top banks has been mixed. The world's 60 largest banks, including Australia's Big Four banks, committed US$6.9 ...

ESG demand still high for advisers

ROSE MARY PETRASS  |  THURSDAY, 23 MAY 2024  |  NEWS
Financial advisers find sustainable investments appealing to many of their clients, despite ongoing cost-of-living pressures and political differences. Ethical investment leaders spoke at the Financial Standard's inaugural Future Investing Forum ...

Podcast: Federal Budget, Climate Week, clean energy and the case for a price on carbon with Tim Buckley

THE GREENER WAY  |  TUESDAY, 21 MAY 2024  |  NEWS
Last week the Australian Federal Budget 2024-25 was handed down, coinciding with Sydney's inaugural Climate Action Week. In this episode of The Greener Way, we hear from Tim Buckley, founder and director of Climate Energy Finance, a public interest ...