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Showing 51 - 60 of 209 results for "divest"

UniSuper caps future investment in fossil fuel

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
... funds under management across these options as at 30 June 2022. Activist group Market Forces called on UniSuper to fully divest from fossil fuels. "UniSuper must loudly and proudly divest from all companies that are undermining global climate goals by ...

HESTA ups the ante on AGL, Santos on climate

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
HESTA has placed AGL, Origin, Santos and Woodside on a watchlist over concerns that their stated climate strategies do not meet the transition pathway to containing global warming at 1.5˚C. The $68 billion super fund has also lifted its 2030 emissions ...

NGS Super divests from oil and gas producers

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... plan the trajectory for how it can transition its portfolio to meet the 2030 target. In May the fund flagged that it would divest from stocks that they deem a stranded asset. "We didn't [divest] in 2021 off the back of our initial establishment of ...

Resource efficiency a marker for investment performance: Osmosis

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... sector will suffer significant value destruction and those that from an ethical or environmental perspective have elected to divest from the sector and those that believe in both. They are not necessarily mutually exclusive. "From a returns perspective ...

Risk management includes expanded ESG list: Governance Institute

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2022  |  NEWS
Risk management "begins and ends with the board" and includes a full range of ESG risks including climate change, modern slavery, nature loss and social risks, according to an updated risk management guide from the Governance Institute. Risk management ...

Zurich accelerates net zero commitments

RACHEL ALEMBAKIS  |  THURSDAY, 7 JUL 2022  |  NEWS
... but also excludes the heaviest emitters. This has lead us to cease insuring certain fossil fuel businesses since 2017 and divest from some of the largest carbon emitters and we have additional exclusion criteria. "But we also believe we can have a more ...

UniSuper sustainability exec departs for Vanguard

RACHEL ALEMBAKIS  |  THURSDAY, 30 JUN 2022  |  NEWS
UniSuper governance and sustainability manager Sybil Dixon is departing the fund after 14 years to join Vanguard. Dixon will join Vanguard in August as head of ESG product, a Vanguard spokesperson confirmed to FS Sustainability. UniSuper said Dixon's ...

Rainmaker reveals ESG super fund leaders

RACHEL ALEMBAKIS  |  THURSDAY, 30 JUN 2022  |  NEWS
... "To achieve investment returns, super funds have to actually invest in things," Dunnin said. "You can't exclude and divest from everything. Anyway, doing so just hands over control of the economy to other people who may not care about the future. ...

Possible $480bn carbon hit by 2030 for ASX300: Emmi

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
More than 30% of ASX300 value could be at risk by 2030 if the world becomes carbon constrained, according to modelling from carbon fintech and financial infrastructure company Emmi. With a market cap of $1.6 trillion, this equates to $480 billion of ...

HESTA first super fund to oppose AGL demerger

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
... zero, lowering the overall systemic risk exposure of our members' investments." She added that the fund cannot "simply divest away from the risk of Australia being slow to transition to a low-carbon future". "Responsible investors have a responsibility ...