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Showing 51 - 60 of 838 results for "material"

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... 2050. With a projected carbon abatement capacity of 3.2 Mtpa CO2-e, Woodside CEO Meg O'Neill said the purchase is "a material step" towards delivering over 60% of its Scope 3 financed emissions target of US$5bn by 2030. Woodside has not set a Scope ...

Northern Trust firms up stewardship, proxy voting offering

ROSE MARY PETRASS  |  FRIDAY, 9 AUG 2024  |  NEWS
... clients are well-positioned to navigate shifting economic conditions, display strong governance practices and manage material risks to their business models." NOTE: A previous version of this article stated the proxy voting solution was made available ...

Australian Ethical scores gold, others fall off charts

ROSE MARY PETRASS  |  THURSDAY, 8 AUG 2024  |  NEWS
Stark differences in ESG fund performance in FY24 reflect markedly contrasting portfolio strategies - but might add fuel to the anti-ESG fire, Rainmaker warns. Australian Ethical and Nationwide Super topped the Rainmaker Information ESG league tables ...

Help on nature, climate disclosures

ROSE MARY PETRASS  |  TUESDAY, 6 AUG 2024  |  NEWS
A US$20 trillion nature reporting project improves interoperability; accounting body placates concerned investors. Nature-related disclosures Top standards-setter the Global Reporting Initiative (GRI) wants to help its 14,000 signatories align with ...

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024  |  NEWS
... recognition globally that renewable fuels can materially reduce transport sector emissions, but Australia currently has no material production capacity to support the expected future demand, the organisations said. "Australia has an advantage in producing ...

Aus funds hit by outflows, global gains for passive ESG

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
Latest fund data show ESG funds were hit hard by outflows in the June quarter, but some strategies and fund managers are thriving. Australia and New Zealand sustainable funds suffered $1.2 billion in outflows (US$800 million) in the three months to ...

Cbus bolsters ESG integration with new hire

ROSE MARY PETRASS  |  MONDAY, 22 JUL 2024  |  NEWS
... transformational change in approaches to responsible investment." As the fund continues evolving its approach to managing material ESG investment risks and opportunities, McKay said the new hire's "unique experience will help champion Cbus' responsible ...

UniSuper sustainable option returns 15.2%

ROSE MARY PETRASS  |  THURSDAY, 18 JUL 2024  |  NEWS
... positive ESG attributes and are Responsible Investment Association Australasia (RIAA) Certified. They exclude companies with material exposure to tobacco, alcohol, gambling, weapons, and fossil fuel exploration and production. ESG head Lou Capparelli ...

Prime role for AI in impact decisions

ROSE MARY PETRASS  |  TUESDAY, 16 JUL 2024  |  NEWS
Impact Alpha Partners will leverage AI in its recently launched advisory service for institutional investors, focused on environmental impact investing research. The offering will help investors identify companies in the climate solutions space that ...

Tech giant hits environment target

ROSE MARY PETRASS  |  THURSDAY, 11 JUL 2024  |  NEWS
Amazon has followed in PUMA's footsteps with the claim they have hit a key environmental target seven years early, without disclosing much detail. Amazon's operational energy supply has achieved a 100% renewable energy "match", the e-retail powerhouse ...