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Showing 1 - 10 of 74 results for "thermal coal"

ART extends exclusions in Socially Conscious option

ELIZA BAVIN  |  MONDAY, 12 MAY 2025  |  NEWS
... and international shares. The exclusions include investing in 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 ...

Scottish Widows mandates Robeco to build new ESG indices

ROSE MARY PETRASS  |  TUESDAY, 21 JAN 2025  |  NEWS
... screening policies. Scottish Widows' index-tracking OEIC funds excludes companies involved in controversial weapons, thermal coal, tar sands and tobacco. The Scottish Widows Ethical Fund avoids investments in companies involved in social problems, destruction ...

Ellerston ramps up exclusions list

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
... to ESG considerations, but will exclude direct investments in tobacco, pornography, old growth forest logging, and thermal coal production. The asset manager has updated its product disclosure statement for its Australian Micro Cap Fund, its India Fund ...

CareSuper ousts ESG policies in merger

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... 2030 50% reduction in total portfolio carbon footprint by 2030 Exclusions on controversial weapons Exclusions on thermal coal and fossil fuel-related activities The SBO will no longer target investment managers expected to deliver lower carbon emissions ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... emissions-intensive part of its financing. ANZ claimed its financed emissions for the power generation, oil and gas and thermal coal sectors reduced by 25%, 30% and 96% respectively, between 2020 and 2023. Robertson said it is "staggering" the three ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... which Mercer 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". ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
... exclusion policy, Vision Super is out of step with member expectations as many super funds are dumping all investments in thermal coal. "It's alarming that Vision Super has withdrawn its thermal coal exclusion policy after previously demonstrating ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
... 2023) and Bank of America ($33.7bn in 2023). Bank of America recently dropped their exclusions of Arctic drilling, thermal coal, and coal-fired power plants. The Big Four banks were on the list with a total pool of more than $4.5bn in fossil fuel commitments ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
... derive more than 10% of their reported revenues from fossil fuels, specifically the exploration or production of thermal coal or oil and gas. In a statement, UniSuper said: "Transurban meets the screening criteria applied to investments in the Sustainable ...

Two new ETFs for Franklin Templeton

KARREN VERGARA  |  MONDAY, 15 APR 2024  |  NEWS
... companies that are directly involved in producing controversial weapons, tobacco products, and mining or extracting thermal coal, or extracting oil from tar sands subject to a 10% revenue threshold. The Franklin Australian Absolute Return Bond Fund (FRAR) ...
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