Search Results

Showing 51 - 60 of 219 results for "exclusion"

Government commits public service to net zero by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 31 AUG 2023  |  NEWS
The Australian government has committed the Australian Public Service to a net zero 2030 target its Scope 1 and Scope 2 emissions. The Department of Finance has quietly rolled out the target, which will "achieve net zero by actively reducing emissions ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... an effectively zero [sic] option makes it more complicated to do mergers or acquisitions." This means the fossil fuel exclusion policy "will bite" in the future, he said. This is because "ESG requirements about fossil fuels have become quite narrow... ...

Ethical investments recover performance: Chant West

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
Ethical investment options may have now entered a phase where they are performing well compared to traditional funds. Last year the news hit headlines that just one-third of ethical managed investment funds have outperformed their non-ethical peers ...

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 ...