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Showing 61 - 70 of 494 results for "coal"

Govt moves timetable on power station closure

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
... Council, the peak body for the industry, says it makes up 40%. Australia is "lagging" and needs to move beyond "aging and aged" coal and gas assets, responsible investment and sustainability specialist Desiree Lucchese told FS Sustainability. "Australia ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
... 2023) and Bank of America ($33.7bn in 2023). Bank of America recently dropped their exclusions of Arctic drilling, thermal coal, and coal-fired power plants. The Big Four banks were on the list with a total pool of more than $4.5bn in fossil fuel commitments ...

Unclear rules pose investment risk

ROSE MARY PETRASS  |  THURSDAY, 23 MAY 2024  |  NEWS
Canberra is at odds with state governments over assessing emissions for coal and gas project approval. Contradictory approvals processes pose a risk of investment security downgrading, responsible investment and sustainability specialist Desiree Lucchese ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
... derive more than 10% of their reported revenues from fossil fuels, specifically the exploration or production of thermal coal or oil and gas. In a statement, UniSuper said: "Transurban meets the screening criteria applied to investments in the Sustainable ...

Poor investment governance costly for asset owners, members: KPMG, Frontier

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024  |  NEWS
Most asset owners estimate that poor investment governance could increase portfolio costs by 1% or more annually, according to a joint report by KPMG and Frontier Advisors. The report, which surveyed 22 asset owners in the local investment industry ...

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

THE GREENER WAY  |  TUESDAY, 16 APR 2024  |  NEWS
... 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 a focus on clean energy and social impact projects. ...

Two new ETFs for Franklin Templeton

KARREN VERGARA  |  MONDAY, 15 APR 2024  |  NEWS
... companies that are directly involved in producing controversial weapons, tobacco products, and mining or extracting thermal coal, or extracting oil from tar sands subject to a 10% revenue threshold. The Franklin Australian Absolute Return Bond Fund (FRAR) ...

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... risks. "Major investors are neglecting to use one of the most important tools at their disposal to mitigate risk by bringing coal, oil and gas companies into line with climate goals." Market Forces' new analysis highlights how all directors of companies ...

Canberra acts on billion-dollar net zero plan

ROSE MARY PETRASS  |  WEDNESDAY, 3 APR 2024  |  NEWS
... Nations. Affected workers in emissions-intensive industries get new employment and training - and workers impacted by select coal and gas power station closures also get an Energy Industry Jobs Plan. Investors welcome to move, warning a vacuum of authority ...

Shared Value founder heads up regional alliance

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... That project and delivery of tools and practical resources to the community is wrapping up now. "Local government is at the coal face of dealing with climate change. How can they future-proof assets and deliver services to communities with coastal hazards ...