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Showing 1 - 10 of 95 results for "mutual"

Australian Ethical reaches $10 bn FUM

ROSE MARY PETRASS  |  MONDAY, 22 APR 2024  |  NEWS
... Ethical, in partnership with the Responsible Investment Association Australasia (RIAA) and the member-owned bank Teachers Mutual Bank Limited, found in March. Three-quarters would switch providers if their fund doesn't align with their moral beliefs ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
Almost half (42%) of energy companies on Citi bank's loan book do not have climate transition plans. The US bank's recently released climate report ranked energy companies from "low" to "strong" based on emissions reduction plans. It found current transition ...

Shared Value founder heads up regional alliance

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... then picked up a variety of short-term consulting projects in the interim, including as head of responsible investment at Mutual Trust, and advising the Department of Climate Change, Energy, the Environment and Water (then Department of Environment ...

Members beef up ESG checks

ROSE MARY PETRASS  |  TUESDAY, 19 MAR 2024  |  NEWS
... launched by the Responsible Investment Association Australasia (RIAA), in partnership with the member-owned bank Teachers Mutual Bank Limited alongside investment management firm Australian Ethical. The report, From Values to Riches 2024: Charting consumer ...

ASX 200 lacks sourcing transparency

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... and materials, disclosed more than others. Financial services ranked poorly. Within the ASX 200 list, some entries were mutual or exchange-traded funds affiliated with financial institutions such as big banks. Betashares, Vanguard, Magellan, and the ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... and ANZ Alison Drill made these comments at the Asia and Oceania Association (AOA) of the International Cooperative and Mutual Insurance Federation (ICMIF) held in Sydney recently. The insurance sector is potentially poised to benefit from the opportunity ...

US regulator slaps US$25m penalty on DWS for greenwashing, AML

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
... to settle charges stemming from greenwashing claims and failures to develop an Anti-Money Laundering (AML) program for mutual funds it advised. The SEC an order for each charge. In the case of greenwashing, the SEC found that DWS made "materially misleading ...

Australian Ethical crowned most sustainable

ROSE MARY PETRASS  |  WEDNESDAY, 6 SEP 2023  |  NEWS
... Antipodes Partners, Bennelong, Colonial First State, GQG Partners, Greencape Capital, Hyperion Asset Management, Investors Mutual Limited, Jamieson Coote Bonds, Magellan Group, Platinum, and Solaris Investment Management. According to Morningstar, this ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... certified as fossil-fuel free. This presents a growing challenge as the window of what is considered exposure narrows. Teachers Mutual Bank Limited (TMBL) and its five brands (Teachers Mutual Bank, Health Professionals Bank, UniBank, Hiver, and Firefighters ...

Australia the guinea pig for PRI sovereign engagement pilot

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
A global coalition of institutional investors with $12.2 trillion in assets under management has announced the expansion of its Collaborative Sovereign Engagement on Climate Change pilot program in Australia, welcoming 18 new organisations to the initiative. ...
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