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Showing 81 - 90 of 542 results for "coal"

AXA IM battles poor data on road to net zero

ROSE MARY PETRASS  |  MONDAY, 30 SEP 2024  |  NEWS
... reported it reduced the carbon intensity of its corporate portfolio by nearly double the target. The firm now plans to exit all coal investments in OECD countries by 2030, after already lowering exposure to 0.36% by the end of 2023. AXA IM committed ...

Ellerston ramps up exclusions list

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
... to ESG considerations, but will exclude direct investments in tobacco, pornography, old growth forest logging, and thermal coal production. The asset manager has updated its product disclosure statement for its Australian Micro Cap Fund, its India Fund ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024  |  NEWS
Superannuation being used for house deposits would push up home prices, undermining Australians' home ownership prospects, slash retirement savings, and come at a significant cost to the Budget, according to a Corinna Economic Advisory report by ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024  |  NEWS
A joint statement from deputy leader of the opposition Sussan Ley, shadow treasurer Angus Taylor, and shadow minister for social services Michael Sukkar noted that the Coalition provided in-principal support for super on government-funded paid parental ...

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... Australia: We need gas." Buckley argues Woodside is "parroting the convenient spin that methane gas is lower emissions than coal, ignoring that methane are almost 100% more emissions intensive as wind, solar, hydro and nuclear energy. "LNG is far more ...

UBS passive strategies flagged on human rights

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
A human rights complaint against UBS follows legal precedent that financiers are responsible for acting on human rights in passive index funds. The Swiss human rights watchdog accepted a complaint against UBS for holdings in private prison contractors ...

CareSuper ousts ESG policies in merger

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... 2030 50% reduction in total portfolio carbon footprint by 2030 Exclusions on controversial weapons Exclusions on thermal coal and fossil fuel-related activities The SBO will no longer target investment managers expected to deliver lower carbon emissions ...

Fossil-fuel engagements require flexibility, not confrontation

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... out their core business. For example, Greenpeace Australia Pacific played a key role in urging AGL to bring forward their coal closure deadlines to 2035, 13 years earlier than originally planned. The nonprofit campaigned for over 18 months and won against ...

Net zero dreams float on unscaled tech

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
... carbon dioxide annually. Australia needs to triple its renewable energy capacity in five years and shut down all unabated coal and almost all unabated gas in the next ten years. 290 gigawatts of wind and solar capacity should be installed by 2050, as ...

Podcast: Nuclear power in Australia's energy transition with Jai Mirchandani

THE GREENER WAY  |  TUESDAY, 20 AUG 2024  |  NEWS
... the world's electricity. The Coalition's plan to build seven nuclear power plants to replace Australia's ageing coal-fired power stations and to abandon the government's 2030 net zero target has been receiving plenty of attention. Is ...