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Showing 81 - 90 of 249 results for "fossil fuels"

ASIC takes Mercer to court over greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
... "are deeply committed to sustainability" because they excluded investments in companies involved in carbon intensive fossil fuels like thermal coal. Exclusions were also stated to apply to companies involved in alcohol production and gambling. According ...

Missouri pulls BlackRock mandate in anti-ESG move

RACHEL ALEMBAKIS  |  THURSDAY, 20 OCT 2022  |  NEWS
... Texas Comptroller Glenn Hegar banned local and state government entities doing business with firms that "boycott" fossil fuels, including Blackrock, Goldman Sachs and JP Morgan among others.

Cobalt essential to net zero goals but brings labour risks: ISS ESG

RACHEL ALEMBAKIS  |  THURSDAY, 13 OCT 2022  |  NEWS
... foresees a five-fold growth in cobalt demand between 2020 and 2040. Overall, as the world's energy supply shifts from fossil fuels to requiring metals and minerals as inputs into renewable energy sources, the critical minerals' market of $40 billion ...

Energy insecurity won't halt green transition: Northern Trust Asset Management

RACHEL ALEMBAKIS  |  THURSDAY, 6 OCT 2022  |  NEWS
... This economic trend is reflected and integrated into portfolio managers' analysis of companies' exposure to fossil fuels as a security issue as well as a climate issue. "I think where we previously focused on the decarbonization argument, they're ...

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... said Fortescue executive chairman Andrew Forrest. "We are already seeing direct benefits of the transition away from fossil fuels - we avoided 78 million litres of diesel usage at our Chichester Hub in FY22 - but we must accelerate our transition to ...

UniSuper caps future investment in fossil fuel

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
... inevitable. This will involve a much greater share of renewables as a baseload energy source and a phasing out of fossil fuels." In September 2020, UniSuper committed to a net zero portfolio by 2050 and a 45% reduction by 2030 through a combination of ...

Glencore faces greenwashing allegations

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... challenges of our time and with it has come a fundamental shift in global policy and public sentiment against the use of fossil fuels," said Lock the Gate Alliance national coordinator Carmel Flint. "It has also led to efforts by companies with climate ...

BlackRock in $1bn capital commitment to battery storage

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
... Australia, BlackRock noted. "The Asia Pacific region is at the dawn of its energy transition from carbon emitting fossil fuels to intermittent renewable resources and we believe a successful shift to a more sustainable energy future is dependent on the ...

V-Square launches ESG index strategy

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... because a lot of the portfolio I'm seeing now are defensive - they focus on low carbon intensive companies or no fossil fuels. That's ok, but that's defensive, because transition isn't just screening out. We wanted to bring a positive tilt as opposed ...

Resource efficiency a marker for investment performance: Osmosis

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... impacted fossil fuel free portfolios performance, largely as a consequence of rising prices. Forecasting the price of fossil fuels in the future with an increasingly volatile geopolitical landscape is incredibly challenging." Our approach focusses on ...