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Showing 681 - 690 of 1771 results for "Investments"

Blackstone closes record energy transition fund at $7.1bn

ROSE MARY PETRASS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
... non-investment grade credit, preferred and convertible securities. In 2022, Blackstone announced a goal of $100 billion in investments over the next decade towards energy transition and climate change solutions projects. Blackstone's Credit and Insurance ...

Ethical investments recover performance: Chant West

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
... options. This demand, in turn, is spurring greater sophistication among ethical funds, making them even more attractive investments. Joe Unwin, portfolio manager at Apostle Funds Management, says that in a world where responsible investing is proving ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... was an ethical and responsible superannuation fund." "Active Super represented on their website that they eliminated investments that posed too great a risk to the environment and the community, including tobacco manufacturing, oil tar sands and gambling," ...

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... including as managing director and CEO of Australia Post, Latitude Financial, NAB Australia and Citigroup Alternative Investments. Dr Katharine Giles, current CEO and managing director of OncoRes Medical, a growth stage medical device development and ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... disclosing climate change risks to bond investors is misleading or deceptive under s 12DA of the Australian Securities and Investments Commission Act 2001 (Cth)."

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
Morgan Stanley has surpassed the two-thirds mark of its US$1 trillion target for sustainable and low-carbon investments by the end of this decade. The multinational investment bank and financial services company has released its latest ESG report stating ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... Conscious Global Aggregate Bond Index Fund (Hedged) (Fund) were screened against certain ESG criteria." ASIC said investments in the fund were based on the Bloomberg Barclays MSCI Global Aggregate SRI Exclusions Float Adjusted Index and "Vanguard claimed ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
Financial institutions, central banks, regulators and governments underestimate the economic damages of climate change because they don't consider climate tipping points. Methodologies that guide the finance world should be corrected as a matter ...

AustralianSuper grows global team with numerous hires

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023  |  NEWS
... years' experience in global investment stewardship and ESG integration, previously worked at Railpen, Aberdeen Standard Investments, and the UK's Co-operative Insurance Society. She also founded the 100% Club and will now direct AustralianSuper's ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... assessed collectively hold 2.8 times more equity value in fossil fuel production companies ($880 billion) than green investments ($309 billion). Globally, the percentage of asset managers demonstrating ambitious, effective, and transparent climate stewardship ...