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Showing 811 - 820 of 2291 results for "RET"

NGS tracking ahead on 2030 net zero pledge

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
NGS Super is making faster-than-expected progress towards its goal of achieving a carbon neutral portfolio by 2030. Measurement of carbon intensity in the NGS Diversified MySuper portfolio fell by nearly 20% between 30 June 2021 and 30 June 2022, around ...

Challenging market weakens ESG-focused fund flows

ROSE MARY PETRASS  |  THURSDAY, 27 JUL 2023  |  NEWS
Australian and New Zealand sustainable funds saw record outflows of US$1.7 billion against a backdrop of global outflows. Inflation, interest rates and recession fears are weakening flows into global sustainable funds overall- which attracted $US18 ...

The skills shortage delaying net zero: CEDA

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
A prominent sustainable development think tank argues that uncertainty around energy policy over the past 15 years has contributed to a critical skills shortage, and the government must do more to support workers or risk falling behind on the clean ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
ASIC is taking Vanguard to court over greenwashing allegations relating to a global bond index fund. This is the second time the market regulator has taken action against Vanguard over greenwashing. ASIC has lodged civil penalty proceedings in federal ...

NextEnergy Capital's ESG solar fund raises $480 million at first close

ROSE MARY PETRASS  |  MONDAY, 24 JUL 2023  |  NEWS
Global solar specialist NextEnergy Capital's fifth fund - an OECD-focused solar strategy - has reached first close with investors including Norway's largest pension fund. NextPower V ESG aims to develop over 14 gigawatts of energy assets - enough to ...

APRA strengthens super fund ESG responsibilities

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
The Australian Prudential Regulation Authority (APRA) has clarified that they expect super funds to demonstrate an understanding of ESG risks and opportunities in investment activities and demonstrate how stewardship activities generate value in investments. ...

Untapped talent: Australia missing out on $50b in GDP

ROSE MARY PETRASS  |  THURSDAY, 20 JUL 2023  |  NEWS
Australia has one of the lowest employment rates for people with disability in the OECD and could add over $50 billion to its GDP by 2050 if it tapped into this talent pool, according to new research from the Business Council of Australia (BCA) and ...

Transition Pathway Initiative appoints new chairs as founder steps down

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
David Russell, former head of responsible investment for the Universities Superannuation Scheme (USS), the UK's largest pensions fund, has been named the new chair of the Transition Pathway Initiative (TPI) board. Jake Barnett, managing director ...

Seismic shift expected in global energy mix

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
Renewable energy is well on its way to become the "backbone" of the global economy, according to Hamish Chamberlayne, head of global sustainable equities at Janus Henderson Investors The sustainable investment expert says renewables offer favourable ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023  |  NEWS
KPMG has proposed superannuation reforms targeted at home carers and recipients of paid parental leave to help close the gender gap. The KPMG Towards Gender Equity in Retirement report recommended the government consider adding superannuation contributions ...