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Showing 81 - 90 of 300 results for "oil"

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... eliminated investments that posed too great a risk to the environment and the community, including tobacco manufacturing, oil tar sands and gambling," ASIC said. "Active Super also stated that they had added Russia to their list of excluded countries ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... at six dairy factories by half by 2030 through up to $90 million from the GIDI Fund. The Ardern government banned offshore oil and gas exploration in 2018. Prime Minister Chris Hipkins said the deal "proves again that we can grow our economy while we ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... from ShareAction in June found the world's largest 77 asset managers are continuing to invest in companies that are expanding oil and gas production and not investing enough in new low-carbon energy opportunities to meet climate targets. Only ten of ...

NGS tracking ahead on 2030 net zero pledge

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... and industries since the start of its decarbonisation process, including holdings in Woodside and Santos and others in the oil and gas exploration and production industry. The divestment from oil and gas companies was based on calculations relating to ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... these bonds exposed investor funds to investments which had ties to fossil fuels, including those with activities linked to oil and gas exploration, highlighting investments in Abu Dhabi Crude Oil Pipeline LLC (ADCOP), Chevron Phillips Chemical Co. LLC ...

Seismic shift expected in global energy mix

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
... to other energy sources. According to a recent report by the International Energy Agency (IEA), global growth in demand for oil is expected to slow significantly by 2028. Oil demand will peak within the decade as countries move away from fossil fuels ...

Stewardship part of fiduciary role and investment opportunity: BNP Paribas AM

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 JUL 2023  |  NEWS
... developments like grey, blue and green hydrogen and ammonia, which reflects the degree to which hydrogen fuel is produced from oil, natural gas or renewable energy, and the role of carbon capture and storage projects. "What's different in Asia is ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  THURSDAY, 15 JUN 2023  |  NEWS
Santos has admitted that its retired offshore oil and gas field Legendre has been leaking gas for a decade, throwing into doubt investor abilities to meet net zero plans. Methane gas - a greenhouse gas 25 times more powerful than carbon dioxide - has ...

Climate engagement escalation vital to responsible investing: Aviva Investors

ROSE MARY PETRASS  |  THURSDAY, 1 JUN 2023  |  NEWS
... 218 engagements. The engagements apply across equity and credit portfolios and focused on 30 of the worst emitters from the oil and gas, mining, steel and utilities sectors making up approximately a third of all global emissions, considering their Scope ...

Review recommends significant reforms to Modern Slavery Act

RACHEL ALEMBAKIS  |  FRIDAY, 26 MAY 2023  |  NEWS
... billion). Electronics remained the highest value at-risk product (US$243.6 billion), followed by garments (US$147.9 billion), palm oil (US$19.7 billion), solar panels (US$14.8 billion), and textiles (US$12.7 billion).