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Showing 51 - 60 of 485 results for "Money"

Experts issue warning over AI washing

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... AI washing - mispresenting the extent to which a product or technology solution incorporates AI. "If a company is raising money from the public... it needs to be truthful about its use of AI," he said. Closer to home, ASIC hasn't yet sounded the ...

Members beef up ESG checks

ROSE MARY PETRASS  |  TUESDAY, 19 MAR 2024  |  NEWS
... reveals that investors are keener than ever to secure their financial future by investing responsibly and will pull their money if their manager doesn't do so. A whopping 88% of Aussies expect their super, bank accounts, and other investments, to be ...

Members shouldn't carry energy and housing

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... ago. "There is a really interesting contest of ideas that we need to have with Australians about the housing crisis and money sitting in a pool that is compounded over time," she said. "We saw what happened when people were given a chance to raid their ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... the US, the UK, and the Netherlands, in collaboration with Alternative ASEAN Network on Burma (ALTSEAN-Burma) and Blood Money Campaign of Myanmar (BMC). The group alleges that the three firms failed to follow human rights due diligence, and failed to ...

Personal views influence climate decision-making

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
... Scope 3 emissions when evaluating risk in their investments... this is a major concern for the clients who entrust their money with investors, as well as for the climate. "Most CEOs and executives are very concerned about climate change, but they are ...

Australian Unity to assist as trustees in compensation deal

RACHEL ALEMBAKIS  |  THURSDAY, 22 FEB 2024  |  NEWS
... government compensation to falsely imprisoned Indonesian children. Australian Unity Trustees will assist in distributing the money to "as many as 240 Indonesian victims, who were wrongfully imprisoned as children by the federal government between 2008 ...

ANZ sustainable fund flows buck global trend: Morningstar

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
... quarter of 2023. Meanwhile, flows into Australasian passive sustainable funds were reasonable with USD 133 million in net new money over the final quarter of 2023," Morningstar said. The broader investment market in Australia and New Zealand also had ...

Australian Ethical grants $500k to climate solutions

ROSE MARY PETRASS  |  WEDNESDAY, 24 JAN 2024  |  NEWS
... as this year's deserving recipients. "I think that's another reason for our members to feel good and know their money is working for the benefit of many as well as long-term returns."

TCorp issues first sustainability bond of 2024

RACHEL ALEMBAKIS  |  THURSDAY, 18 JAN 2024  |  NEWS
... Chandler said. "It will take longer than some of our peers just because we don't take greenfield projects. We wait until the money is spent." Other future projects that have been earmarked include work to continue rolling out an LED lighting programme ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
... violated consumer protection laws. Several US states, including Missouri, Oklahoma, Texas and Virginia have pulled state money out of the firm in an anti-ESG backlash. In his March 2023 letter, Fink identified climate risk and the energy transition as ...

Editor's Choice

Green moves: Aware Super, Minderoo Foundation

ELIZABETH FRY
CareSuper hired an ESG specialist from a rival, while Andrew Forrest's Minderoo Foundation appointed an executive director of effective philanthropy.

Macquarie AM takes over Island Green Power

KARREN VERGARA
Macquarie Asset Management (MAM) is now the owner of renewable energy developer Island Green Power, scooping up the remaining 50% stake.

Palliser Capital hits out at Rio Tinto board

ANDREW MCKEAN
Palliser Capital has vowed to continue pressing for governance reform at Rio Tinto after its shareholder resolution calling for an independent review of the miner's dual-listed company structure fell short at the group's annual general meeting.

ISSB looks to ease Scope 3 disclosure requirements

JAMIE WILLIAMSON
The International Sustainability Standards Board has proposed changes to requirements under IFRS S2 to offer clarity around existing reliefs and provide further relief in relation to specific Greenhouse Gas emissions disclosures.

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