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Showing 51 - 60 of 216 results for "exclusion"

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
ASIC has filed a suit against Active Super over greenwashing claims, alleging, among other charges, that the super fund was invested in Russian assets after the invasion of Ukraine while purporting otherwise to members. The markets regulator has commenced ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

Challenging market weakens ESG-focused fund flows

ROSE MARY PETRASS  |  THURSDAY, 27 JUL 2023  |  NEWS
Australian and New Zealand sustainable funds saw record outflows of US$1.7 billion against a backdrop of global outflows. Inflation, interest rates and recession fears are weakening flows into global sustainable funds overall- which attracted $US18 ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
ASIC is taking Vanguard to court over greenwashing allegations relating to a global bond index fund. This is the second time the market regulator has taken action against Vanguard over greenwashing. ASIC has lodged civil penalty proceedings in federal ...

Super fund survey finds strong demand for sustainable super

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
A national survey commissioned by Australian Retirement Trust (ART) has found that 74% want their superannuation invested sustainably. ART head of sustainable investment Nicole Bradford said the data indicates that a focus on ESG factors and sustainable ...

Investing in First Nations People

ROSE MARY PETRASS  |  TUESDAY, 16 MAY 2023  |  NEWS
... power imbalance with First Nations groups. "First Nations groups come from a lived experience and history of economic exclusion and a lack of investor knowledge of how to engage with economic capital. There are growth and opportunities in climate, and ...

Noted Aboriginal academic calls on business to back Voice

ROSE MARY PETRASS  |  THURSDAY, 4 MAY 2023  |  NEWS
... a very uncertain future" unless the vote is passed, she added. "Children are at risk because of poverty, because of exclusion from the economy, because of overcrowding in housing... Our issues have been pushed of a cliff time and time again... life is ...

American Century Investments on impact investing and best in progress

ROSE MARY PETRASS  |  FRIDAY, 28 APR 2023  |  NEWS
... benefit from the Inflation Reduction Act (IRA) due to its stance on energy independence. "Texas is sick of being on an exclusion list," she said. "Decarbonisation is essential for the US," she said. "Texas will play a crucial role."

New Zealand regulator warns Vanguard for disclosure failure

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... correcting the error. ASIC was concerned that Vanguard "may have been liable to mislead the public by overstating an exclusion, otherwise known as an investment screen, claimed to prevent investment in companies involved in significant tobacco sales. ...

Investors flag decarbonisation, real world impacts as priorities

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
Australian and New Zealand institutional investors are concerned about real world investment impacts, active stewardship and how to decarbonize their portfolios, according to Northern Trust Asset Management's global head of sustainability and stewardship. ...