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Showing 1 - 10 of 124 results for %22divestment%22

Podcast: Divestment, impact, and all that good stuff with Sharon Davis of Future Super

ROSE MARY PETRASS  |  TUESDAY, 16 APR 2024  |  NEWS
Today, senior journalist and host Rose Mary Petrass sits down with Sharon Davis, Executive Director of Investments at Future Super, a superfund that invests for a fossil fuel free future. The superannuation firm has no coal, oil and gas holdings, and ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... companies are open to this dialogue". They said that engagement is "escalated further if necessary, up to and including... divestment". The firm also undertakes engagements with index providers which construct the underlying indices that the ETFs passively ...

Personal views influence climate decision-making

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
... greenwashing and a lack of adequate data from companies on their climate plans, but are actively using both engagement and divestment in equal proportions as tools for responding to climate risks. Reputational risk was found to be more important than ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... optimistic that we will be able to ensure that the company is moving in the right direction. It would be grounds for divestment if the company were to abandon appropriate transition plans and fail to remedy the problem around lobbying. "We'll work w/ ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... leadership in climate transition. Insurance companies invest in financial markets to generate income. There is discussion of divestment from emissions-intensive assets, or stewardship and engagement in the companies that insurance firms invest in. IAG ...

Danish pension fund completes US$520m divestment

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
Danish pension fund AkademikerPension has completed a fossil fuel divestment program to exit its portfolio of oil and gas stocks worth US$520 million with the sale of Italy's ENI. The fund, which oversees $20 billion in client assets, has undergone ...

Grim stats for company, investor net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
... optimal solution is for super funds "to publicly commit to a 7% annual decarbonisation targets that requires forced divestment of carbon laggards. Only if Australian companies risk losing capital from our super funds will they see the importance of acting ...

Australia's wealth gap deepens: Report

CHLOE WALKER  |  THURSDAY, 28 SEP 2023  |  NEWS
... the tools at their disposal to manage carbon risk - active engagement, investment, managed phase out and responsible divestment." Ed note: article updated with comment from Emma Herd.

Exiting emissions-intensive assets may not reduce climate risk

ROSE MARY PETRASS  |  THURSDAY, 28 SEP 2023  |  NEWS
... overall financial returns of the institutional investors that part-own them. While companies and investors are turning to divestment as a way to reduce their own exposure to asset- or stock-specific climate-related investment risks, the sale of emissions-intensive ...

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

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... predicter of future trends than ESG ratings." Despite the challenges, Millais remains optimistic about fossil fuel divestment across the finance sector. "It's been clear to us since 2014 that the window is closing on any investment in the fossil ...
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