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Showing 1 - 10 of 59 results for "OECD"

Green moves: Westpac, Care Super, BlackRock, Quinbrook, Ortec, CAA

ROSE MARY PETRASS  |  THURSDAY, 28 NOV 2024  |  NEWS
... She joins from the stewardship and investment team at Aegon UK, and prior to that worked at Inter Fund Management, EY, the OECD, the UN, and PRI. This comes at a time of growth for Quinbrook which has closed three funds representing over US$4.3 billion ...

Mega asset manager defends OECD complaint

ROSE MARY PETRASS  |  FRIDAY, 22 NOV 2024  |  NEWS
... spending of the 10 wealthiest nations. The complaint was made under the Organization for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises - the corporate framework in the absence of binding international agreements ...

Green finance taxonomy in final throes

ROSE MARY PETRASS  |  FRIDAY, 1 NOV 2024  |  NEWS
... unlock favourable global finance to Australia's key green and transition industries," CEO of ASFI, Kristy Graham said. "As an OECD country, with a significant transition opportunity, the credibility of Australia's taxonomy with global capital markets ...

AXA IM battles poor data on road to net zero

ROSE MARY PETRASS  |  MONDAY, 30 SEP 2024  |  NEWS
... 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 €919 million to natural ...

UBS passive strategies flagged on human rights

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... Enforcement (ICE) facilities. Non-profits BankTrack, Coalition for Immigrant Freedom, and Worth Rises allege UBS violated OECD Guidelines by failing to exert influence over these companies to address human rights abuses. Alleged violations include forced ...

ESG ratings risk greenwash

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... intentions are, ESG ratings are a source of investor misinformation." The Organisation for Economic Co-operation and Development (OECD) has agreed with this assessment and said in its 2022 policy report that ESG ratings suffer from "considerable shortcomings" ...

Demand for human rights solutions intensifies

ROSE MARY PETRASS  |  MONDAY, 24 JUN 2024  |  NEWS
... will be aligned with international codes of conduct, including the UN Guiding Principles on Business and Human Rights, the OECD Guidelines for Multinational Enterprises, and the ILO Tripartite Declaration of Principles concerning Multinational Enterprises ...

QIC beefs up energy team

ELIZABETH FRY  |  FRIDAY, 21 JUN 2024  |  NEWS
... the US. QIC Infrastructure now actively manages a global portfolio of $33 billion with 22 direct investments across five OECD countries. The global team comprises 84 dedicated investment professionals and 63 non-executive directors and advisors across ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... ESG-labelled funds. Human rights organisation Inclusive Development International (IDI) alleged that the indices violated OECD Guidelines for Multinational Enterprises on Responsible Business Conduct. IDI has filed complaints to regulators in the US ...

Mirova targets super funds in multi-billion dollar raise

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023  |  NEWS
... primary focus for deployment remains Europe, Mirova said there is potential for some investments to be directed towards other OECD member countries. It explained that by replicating successful models, it seeks to expand the partnerships it has established ...
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