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Showing 81 - 90 of 192 results for "divest"

Industry fund lifts game on SRI options

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 OCT 2020  |  NEWS
A $120 billion industry superannuation fund has revamped its SRI option to tighten screening standards. Aware Super has updated its Socially Responsible Investment (SRI) options to refine the list of excluded companies to include those earning 5% or ...

Majority of super funds not disclosing portfolio holdings: Rainmaker

RACHEL ALEMBAKIS  |  FRIDAY, 2 OCT 2020  |  NEWS
The majority of major superannuation funds are not disclosing their portfolio holdings, according to research from Rainmaker Information. Rainmaker's just completed 2020 Super Fund Portfolio Holdings Study found only 27 major super funds, about ...

Superannuation funds accelerate climate action: ClimateWorks

RACHEL ALEMBAKIS  |  FRIDAY, 18 SEP 2020  |  NEWS
... which have committed to achieve net zero by 2050 across their entire portfolio, and Aware Super's announced plans to divest from thermal coal miners and reduce emissions in its listed equities portfolio by at least 30% by 2023. "This is the first ...

Cbus Super announces net zero portfolio emissions target

RACHEL ALEMBAKIS  |  THURSDAY, 3 SEP 2020  |  NEWS
... significant targets to reduce carbon emissions throughout its portfolio. In July, the $120 billion First State Super will divest $40 million of its equity portfolio holdings in thermal coal miners, including its indexed exposures, from thermal coal miners ...

Investors to increase climate-linked passive investments: DWS Group

RACHEL ALEMBAKIS  |  FRIDAY, 14 AUG 2020  |  NEWS
... investors; and California's Insurance Commissioner's ruling that insurance companies doing business in his state have to divest from companies that derive 30% or more of their revenues from thermal coal holdings. "In Europe, there has been a significant ...

UK pension fund to divest half its portfolio

RACHEL ALEMBAKIS  |  FRIDAY, 31 JUL 2020  |  NEWS
... NEST said. It will also begin divesting from companies involved in thermal coal, oil sands and arctic drilling. NEST will divest all companies with more than 20% of revenues from these activities by 2020 end; all companies with more than 10% of revenues ...

First State Super-backed Victorian fund makes first investment

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUL 2020  |  NEWS
... portfolio and a plan to from thermal coal miners as part of a Climate Change Portfolio Transition Plan. First State Super will divest $40 million of its equity portfolio, including its indexed exposures, from thermal coal miners from October and will ...

First State Super targets 30% emissions reduction in equities portfolio

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUL 2020  |  NEWS
First State Super has set targets to reduce carbon emissions in its equities portfolio and will divest from thermal coal miners as part of a Climate Change Portfolio Transition Plan. Liza McDonald, head of responsible investment at First State Super. ...

Australian Unity launches green bond fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 JUL 2020  |  NEWS
Australian Unity has launched a new green bond fund seeded with cornerstone investments from the Clean Energy Finance Corporation (CEFC) and clients from Crestone Wealth Management. Bill Bovingdon, CIO Altius Asset Management The Australian Unity Green ...

Future Super measures environmental impact of portfolio

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020  |  NEWS
Future Super has released its second impact report, measuring the fund's environmental impact both in terms of fossil fuel investments avoided and renewable energy that investments have generated. Kirstin Hunter, co-founder, Future Super The report ...