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Showing 1 - 10 of 209 results for "divest"

Active Super to pay $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025  |  NEWS
Active Super's greenwashing will cost it $10.5 million in civil penalties for misleading members about its ESG credentials purported to eliminate investments in Russian companies and others involved in mining and tobacco, the Federal Court determined. ...

Perpetual appoints demerger specialist

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025  |  NEWS
... management business. Song Hong joined Perpetual five months ago as a separation specialist when Perpetual was about to divest its wealth management and corporate trust businesses to KKR. While the deal was nixed last month for tax reasons, Perpetual ...

Cbus divests renewable asset

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025  |  NEWS
... state's energy transition and decarbonisation ambitions." CVC DIF head of divestments said Andrew Freeman said the choice to divest the portfolio would deliver for shareholders. "At CVC DIF, we are focused on uncovering opportunities that enhance ...

TNFD adds to sector guidance, scores funding

JAMIE WILLIAMSON  |  FRIDAY, 24 JAN 2025  |  NEWS
... his son. Despite the foundation having been largely funded by Rockefeller's success in the oil industry, it pledged to divest all fossil fuels in 2020 and is now focused on reversing the climate crisis. So far, more than 500 organisations and financial ...

Most popular podcast episodes of 2024

ROSE MARY PETRASS  |  MONDAY, 6 JAN 2025  |  NEWS
As we kick off another year in responsible investing, we take a look back at the most popular The Greener Way podcast episodes of 2024. 1. ESG jobs in 2024: Salaries and career tips with Kaizen Recruitment's Simon Gvalda In the most popular episode ...

Podcast: Responsible investing in the context of conflict with Estelle Parker

THE GREENER WAY  |  TUESDAY, 10 DEC 2024  |  NEWS
Today we take a closer look at weapons and defence-related holdings. We ask the question, what does responsible investing mean in the context of conflict? To answer this question Estelle Parker, co-CEO at Responsible Investment Association Australasia ...

Mega asset manager defends OECD complaint

ROSE MARY PETRASS  |  FRIDAY, 22 NOV 2024  |  NEWS
... overwhelming majority of holdings referenced are held in index funds chosen by our clients themselves, and we cannot selectively divest from them," a spokesperson told FS Sustainability. The world's largest asset manager has over US$11 trillion AUM - ...

World Bank exit policy gets thumbs up from local experts

ROSE MARY PETRASS  |  THURSDAY, 21 NOV 2024  |  NEWS
The world's largest development financier has released its long-awaited policy on responsibly divesting, a historic first in its 80-year history. The new policy builds on the Sustainability Policy of the International Finance Corporation (IFC) - the ...

Australia among the leaders in lowering carbon emissions

MICHELLE BALTAZAR  |  THURSDAY, 14 NOV 2024  |  NEWS
Defying the global increase of carbon dioxide emissions from fossil fuel, Australia has slashed its emissions year-on-year, a trend likely to continue. A research report 'The Global Carbon Budget' released this week in time for COP29 found the ...

HESTA red flags MinRes for governance failures

ANDREW MCKEAN  |  MONDAY, 11 NOV 2024  |  NEWS
HESTA chief executive Debby Blakey has said the super fund has been engaging directly with MinRes regarding its recent governance failures and "remains disappointed" with the company's responses. "Our concerns include that the managing director's ...
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