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Showing 1 - 10 of 68 results for "alcohol"

ART extends exclusions in Socially Conscious option

ELIZA BAVIN  |  MONDAY, 12 MAY 2025  |  NEWS
... companies which obtain more than 5% of revenues from thermal coal; metallurgical coal; oil and gas; fossil fuel generation; alcohol; gambling; and adult entertainment. Additionally, any investment that gets any revenue from tobacco and alternative smoking ...

Future Group ramps up screening

ROSE MARY PETRASS  |  MONDAY, 9 DEC 2024  |  NEWS
... have been marketed as sustainable super funds, and have much more comprehensive screening criteria in place including for alcohol, animal cruelty, detention centres, and pornography. The new strategy does not apply to these two funds. Future Group partnered ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... is the trustee. The options promised to exclude companies involved in carbon intensive fossil fuels like thermal coal, alcohol production and gambling. They were promoted as suitable for members who "are deeply committed to sustainability". Many of the ...

UniSuper sustainable option returns 15.2%

ROSE MARY PETRASS  |  THURSDAY, 18 JUL 2024  |  NEWS
... Responsible Investment Association Australasia (RIAA) Certified. They exclude companies with material exposure to tobacco, alcohol, gambling, weapons, and fossil fuel exploration and production. ESG head Lou Capparelli said outperformance can be attributed ...

Government sets stage for sovereign green bond

RACHEL ALEMBAKIS  |  THURSDAY, 7 DEC 2023  |  NEWS
... excluded projects - nuclear energy arms and ammunition manufacturing and chemical weapons manufacture; production or sale of alcohol, tobacco, and other recreational drugs manufacture or retail sale and distribution of any products and services that ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
... involved in carbon intensive fossil fuels like thermal coal. Exclusions were also stated to apply to companies involved in alcohol production and gambling. ASIC has also issued a series of infringement notices totalling more than $150,000, including ...

Ethical investments recover performance: Chant West

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
... investment policy and an impact framework. Its negative exclusions include fossil fuel production, weapons and armaments, alcohol, tobacco, gambling, deforestation, human rights violations and unethical corporate governance. It targets investments that ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... involved in carbon intensive fossil fuels like thermal coal. Exclusions were also stated to apply to companies involved in alcohol production and gambling. The regulator alleged that the Sustainable Plus options had investments in companies involved ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... by Mercer Superannuation exposed investors to industries the fund said were excluded from the offering, such as coal, alcohol production and gambling," Longo said in his speech. ASIC alleges Mercer made false and misleading statements and engaged in ...

ASIC takes Mercer to court over greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
... involved in carbon intensive fossil fuels like thermal coal. Exclusions were also stated to apply to companies involved in alcohol production and gambling. According to ASIC, the regulator alleged that the Sustainable Plus options had investments in ...
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