Search Results

Showing 51 - 60 of 371 results for %22fossil fuel%22

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... claimed the index excluded issuers with significant business activities in a range of industries, including those involving fossil fuels. "However, ASIC alleges that ESG research was not conducted over a significant proportion of issuers of bonds in ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... level since 1996, at 87.5% in the March quarter of 2023. By comparison, Australia's energy mix was made up predominantly of fossil fuels at 71% of in 2021, including coal (51%), gas (18%) and oil (2%). This is not BlackRock's first investment in New ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... claimed the index excluded issuers with significant business activities in a range of industries, including those involving fossil fuels. "However, ASIC alleges that ESG research was not conducted over a significant proportion of issuers of bonds in ...

Finding opportunities in the energy transition: IML

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... position in a company called Contact Energy, one of the large New Zealand GenTailers, where about 20% of capacity is from fossil fuel-based sources," Wood said. "In New Zealand, you have two competitors with 100% renewable because New Zealand has hydro ...

Brookfield signs MoU for renewables

ROSE MARY PETRASS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
... currently cost competitive, but if the company decides to manufacture on-shore it will create a viable alternative to the fossil fuel industry "The energy transition creates an opportunity to bring advanced manufacturing processes created offshore to ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... associations that actively block climate action. The asset managers assessed collectively hold 2.8 times more equity value in fossil fuel production companies ($880 billion) than green investments ($309 billion). Globally, the percentage of asset managers ...

Climate transition a factor in sovereign debt pricing: Ardea

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... on funding could be invested into renewable technologies and transitioned away from sectors in decline, such as the fossil fuel industry. Fortlake Asset Management's deputy chief investment officer Kylie-Anne Richards added: "This research shows that ...

The skills shortage delaying net zero: CEDA

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
... economy towards a greener future while ensuring fairness and inclusivity for everyone effected - especially workers in fossil-fuel or high-emissions sectors. These workers should be retrained to aid in the transition, while also supporting the communities ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... claimed the index excluded issuers with significant business activities in a range of industries, including those involving fossil fuels. "However, ASIC alleges that ESG research was not conducted over a significant proportion of issuers of bonds in ...

APRA strengthens super fund ESG responsibilities

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
... statements of philosophy. "Long-gone are the days when running an ESG super fund was as simple as divesting from a few fossil fuel and armament stocks." The Responsible Investment Association Australasia (RIAA) "warmly welcomes the revised guide, which ...