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Showing 911 - 920 of 3477 results for "Fund"

COP29 skirts diplomatic disaster

ROSE MARY PETRASS  |  MONDAY, 25 NOV 2024  |  NEWS
... billion of climate finance from 2021/2022 to 2025/2026. $120 million was pledged globally to the Montreal Protocol Multilateral Fund for energy efficient equipment, and $15 million by the UK for sustainable cooling technologies. However, COP29 reached ...

Mega asset manager defends OECD complaint

ROSE MARY PETRASS  |  FRIDAY, 22 NOV 2024  |  NEWS
BlackRock dismisses allegations it increased spending in agribusiness and ignored known harm in its active and index funds. The complaint follows legal precedent that financial institutions are responsible for acting on human rights and environmental ...

Responsible funds thrive despite greenwash fears: RIAA

ROSE MARY PETRASS  |  WEDNESDAY, 20 NOV 2024  |  NEWS
Despite greenwashing being a major deterrent to responsible investment in 2024, the sector still saw $1.6 trillion inflows and returns outperformed the traditional Australian shares market. Responsible Investment Association Australasia's (RIAA) annual ...

COP fails to bridge yawning funding gap

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
... new climate financing regime was needed that will not heighten their debt burden. A pledge of $720 million was reached on a fund to compensate developing nations for loss and damage from climate change. UN Secretary-General Antonio Guterres said commitment ...

Climate adaptation presents $100bn opp: IGCC

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
There is an urgent need for investments to protect against escalating climate risks and minimise capital flight from vulnerable areas as the globe careens closer to a runaway climate change scenario. At the Investor Group on Climate Change (IGCC) summit ...

Australia among the leaders in lowering carbon emissions

MICHELLE BALTAZAR  |  THURSDAY, 14 NOV 2024  |  NEWS
... two months posted the lowest penetration of coal in the national grid. Besides the government, the investment community - fund managers and super funds - plays a critical role. "The report confirms urgent action is required. The $4 trillion in super ...

Green Moves: NorthStar Impact, Aboriginal Investment NT, Care Super

ROSE MARY PETRASS  |  THURSDAY, 14 NOV 2024  |  NEWS
... internally to senior analyst responsible investment at CareSuper. On 1 November, CareSuper and Spirit Super merged to create a new fund under the CareSuper name, with more than 573,000 members and over A$53 billion in assets under management. McCarthy ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  TUESDAY, 12 NOV 2024  |  NEWS
... years, with Fok clarifying the payments are for several things including director payments, the partnerships program the fund operates and more. "What I will say is that there is a huge benefit for us to reach out to people in the construction industry ...

ASIC calls for feedback on disclosure regime

MICHELLE BALTAZAR  |  MONDAY, 11 NOV 2024  |  NEWS
... we do want the guide to be a helpful resource, so we're really welcoming your input there," she said to a room full of fund managers and super funds. She advised the delegates to check how the new climate reporting obligations intersect with other ...

HESTA red flags MinRes for governance failures

ANDREW MCKEAN  |  MONDAY, 11 NOV 2024  |  NEWS
HESTA chief executive Debby Blakey has said the super fund has been engaging directly with MinRes regarding its recent governance failures and "remains disappointed" with the company's responses. "Our concerns include that the managing director's ...