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Showing 51 - 60 of 246 results for "exclude"

Hazardous chemicals a key challenge for investors

ROSE MARY PETRASS  |  FRIDAY, 2 FEB 2024  |  NEWS
... reductions in hazardous chemical production and its removal from the environment. Villanueva commented that investors should exclude products that meet the criteria for substances of very high concern (SVHCs), as well as ensuring that the companies they ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... companies that generate less than 10% of their revenues from unconventional oil and gas. "In addition to the above, we will exclude from our investment universe trading companies for which unconventional oil and gas resources represent more than 30% ...

How much does it cost to "green" a portfolio

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... and the STOXX® Europe 600 Climate Transition Benchmark (CTB). CTBs and PABs adhere to EU carbon reduction guidelines, exclude certain activities, and limit exposure to specific sectors. CTBs aim for a decarbonisation path in their portfolio, whereas ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
Northern Trust Asset Management Australia has paid just shy of $30,000 over allegations of greenwashing. ASIC brought two infringement notices against the local arm of the global fund manager alleged false and misleading statements in the application ...

Government sets stage for sovereign green bond

RACHEL ALEMBAKIS  |  THURSDAY, 7 DEC 2023  |  NEWS
Canberra has released the framework for how it will identify, manage, issue and report on sovereign green bonds. The government's green bond program will select assets based on one or more of the government's three green goals - climate change ...

Capacity Investment Scheme expansion to jolt renewable energy

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
Investors support the federal government's announcement of an expansion to the Capacity Investment Scheme (CIS) to 32 GW of renewable energy - up from 9 GW - to enable the federal renewable energy target of 82% by 2030. Federal Climate and Energy ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
ASIC is considering widening its greenwashing focus to include net zero statements, use of terms like "carbon neutral" and the scope and application of investment exclusions and screens. "Our enforcement actions in response to concerns of greenwashing ...

Impact investing as greenwashing antidote: T. Rowe Price

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
Building portfolios around metrics such as direct revenue with real world social and/or environmental impact may be a solution to greenwashing, according to T. Rowe Price. Recently, T. Rowe Price global impact equity strategy Hari Balkrishna was in ...

Danish pension fund completes US$520m divestment

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
Danish pension fund AkademikerPension has completed a fossil fuel divestment program to exit its portfolio of oil and gas stocks worth US$520 million with the sale of Italy's ENI. The fund, which oversees $20 billion in client assets, has undergone ...

Responsible investment AUM declines but uptake increases: RIAA

RACHEL ALEMBAKIS  |  MONDAY, 18 SEP 2023  |  NEWS
... investment products underperformed wider benchmarks over the short term because responsible investment products tend to exclude mining, energy and materials sectors, which saw strong performance in 2022. RIAA has published its annual RI Benchmark report ...