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Showing 711 - 720 of 2900 results for "Fund"

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
... disclosure to implementation of climate transition plans while increasing obligations on lead investors. nearly 50 Australian fund managers and asset owners belong to the organisation. This year's revised benchmark assessment found that companies are ...

Brookfield buys UK Banks Renewables

ROSE MARY PETRASS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
Brookfield Asset Management will buy UK-based renewable energy company Banks Renewables for US$1 billion. This follows the acquisition of US renewable energy developer Urban Grid by Brookfield Renewable and its investors earlier this year for $650 million. ...

Danish pension fund completes US$520m divestment

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
Danish pension fund AkademikerPension has completed a fossil fuel divestment program to exit its portfolio of oil and gas stocks worth US$520 million with the sale of Italy's ENI. The fund, which oversees $20 billion in client assets, has undergone ...

Climate fund assets reach half a trillion dollars

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
... as of June 2023. This compares with less than 200 in 2018. Europe was identified as the largest and most diverse climate fund market, accounting for 84% of global assets. This is attributed to higher investor interest and regulation. China and the US ...

ZEN Energy recruits new senior exec

RACHEL ALEMBAKIS  |  TUESDAY, 3 OCT 2023  |  NEWS
... accredited developer and manager of sustainable projects, and ASX-listed Income Asset Management (IAM). ZEN is raising capital to fund the next phase of growth and plans to scale its current business model as well as lay "the foundation for the business ...

Rainmaker names ESG leader super funds

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
... Super, Spirit Super, State Super (NSW), TelstraSuper and UniSuper were all acknowledged for their performance. For a super fund to be considered an ESG Superannuation Leader it must satisfy a range of dimensions regarding its ESG credentials and demonstrate ...

Grim stats for company, investor net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
Both Australian companies and Australian super funds are unlikely to meet their decarbonization targets based on current trajectory, raising new risks for financial and corporate investment stability. According to Acadian Asset Management, the ASX300 ...

Nature credits a potential bonanza for Australia

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
Australia is "uniquely positioned" to profit from any biodiversity credit market based on nature-positive outcomes, but it will require collaboration from business and government to grow a thriving market, according to analysis from Clayton Utz. Off ...

ART outlines road to net zero 2050

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
... greenhouse gas emissions in its investment portfolio by 43% by 2030 on the way to net zero by 2050. The $260 billion super fund has released its Net Zero 2050 Roadmap, outlining how the fund plans to transition its investment portfolio off the back of ...

US regulator slaps US$25m penalty on DWS for greenwashing, AML

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
... prevent money laundering and terrorism financing. I congratulate the Asset Management Unit for bringing this important mutual fund AML enforcement action." Without admitting or denying the SEC's findings, DWS agreed to a cease-and-desist order and a ...