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Showing 761 - 770 of 1706 results for "Super"

Climate risk warning on government bond yields

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
... risk." Ryan pointed out that government bonds often constitute as much as 90% of fixed income holdings by asset owners like super funds, and it is more challenging to engage on concerns like climate risk policy and physical and transition risk management ...

UniSuper caps future investment in fossil fuel

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
... extraction and production of thermal coal. UniSuper has issued its fifth annual climate risk report, detailing the $108 billion super fund's progress towards its net zero 2050 target and activities around climate risk management. "Decarbonisation will ...

NZ Super Fund shifts $25 billion to low carbon indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022  |  NEWS
The NZ Super Fund has shifted about 40% of its overall portfolio to low carbon indices, a move that will "significantly reduce" the number of listed companies that the fund owns directly. The NZ$57 billion fund in June began to roll over its indices ...

Cbus names new head of responsible investment

RACHEL ALEMBAKIS  |  MONDAY, 12 SEP 2022  |  NEWS
Cbus Super has promoted a new head of responsible leadership from within. Ros McKay has been appointed as head of responsible investment and will join Cbus' investment leadership team. In her new role, McKay will lead the evolution of Cbus' ...

APRA chair highlights challenges of climate risk assessment

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
APRA chair Wayne Byres flagged that the results of the climate vulnerability assessment (CVA) of the country's five largest banks are expected to be released "in a month or two." Byres highlighted that climate change is a disruptive risk in a speech ...

HESTA ups the ante on AGL, Santos on climate

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... their stated climate strategies do not meet the transition pathway to containing global warming at 1.5˚C. The $68 billion super fund has also lifted its 2030 emissions reduction target to 50%, increasing its previous goal of 33% of normalised emissions ...

Future Fund, UniSuper hire ESG execs

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... Council of Superannuation Investors where she has been specialising in climate risk and providing comprehensive research to super funds on how companies approach climate change, decarbonisation and transition plans. "UniSuper snapped her up because of ...

Climate skills development needed: University of Technology Sydney

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022  |  NEWS
... by sister publication Financial Standard, Research director Alison Atherton offered delegates to the Conference of Major Super Funds a sneak peek of work the Institute has been undertaking into sustainable finance skills, with a particular focus on climate ...

No ESG drag seen in performance test results

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
... that MySuper funds that use ESG investing strategies are failing the MySuper performance test under the Your Future, Your Super legislation. As reported in sister publication Financial Standard, five MySuper products have failed the second annual MySuper ...

RBA warns of climate-related liability risk for business

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... to climate change is difficult, given the inconsistent and incomplete information available," he said. "That said, while super funds don't operate as direct channels of financial stability risks from climate change, they could become indirect channels ...