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Showing 51 - 60 of 411 results for "fossil fuel"

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
... water after analysis revealed it has purchased $2.2 million worth of Whitehaven Coal stocks after walking back its fossil fuel exclusion policy last year. The super fund changed its environmental, social and governance policy, removing its revenue-based ...

Rockefeller org picks climate advisers

ROSE MARY PETRASS  |  TUESDAY, 11 JUN 2024  |  NEWS
A highly influential US$6.3 billion private foundation has set up a new Climate Advisory Council to accelerate the just transition and named its inaugural co-chairs and members. The Rockefeller Foundation, the global philanthropic medical research and ...

AI and crypto mining to drive energy opps: PGIM

MICHELLE BALTAZAR  |  FRIDAY, 7 JUN 2024  |  NEWS
... renewable energy sector that can offer scope for more investment returns but the fund manager is quick to stress that fossil fuel will remain part of the landscape in the years ahead. "For investors with ESG goals or decarbonisation commitments, the ...

AOFM launches first Green Treasury Bond

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
The Australian Office of Financial Management (AOFM) has this week launched the first Green Treasury Bond. The $7 billion sovereign green bonds will mature on June 21, 2034 and settlement will occur on June 14. Commonwealth Bank of Australia, Deutsche ...

Holdings fly in face of super duty

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
Aussie super funds' recent ramp up of fossil fuel holdings breaches their fiduciary duty and puts Australian retirements at risk, researchers say. Despite net zero by 2050 commitments, Australia's largest 30 super funds nearly doubled fossil fuel exposure ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
Financing for fossil fuel companies has fallen sharply overall since the Paris Agreement was inked in 2016 but progress among the world's top banks has been mixed. The world's 60 largest banks, including Australia's Big Four banks, committed US$6.9 ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
UniSuper was recently hit with fresh allegations of greenwashing by a member who issued a complaint to ASIC in relation to certain holdings. The member believes UniSuper marketing two of its three responsible investment options as 'sustainable' places ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... minerals, he added. "This goes hand-in-hand with the imperative to commit to enabling a science aligned progressive fossil fuel phase-out across their financed emissions exposures." FS Sustainability reached out to the banks, but they did not comment ...

Podcast: Divestment, impact, and all that good stuff with Sharon Davis of Future Super

THE GREENER WAY  |  TUESDAY, 16 APR 2024  |  NEWS
... Petrass sits down with Sharon Davis, Executive Director of Investments at Future Super, a superfund that invests for a fossil fuel free future. The superannuation firm has no coal, oil and gas holdings, and an ethos rooted in ethical investment with ...

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... better climate governance. Market Forces looked at 45 energy companies on the CA100+ "focus list" with the largest fossil fuel expansion plans. Researchers analysed director votes against company performance in the CA100+ benchmark. In recent months ...