Search Results

Showing 1 - 10 of 371 results for %22fossil fuel%22

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... minerals, he added. "This goes hand-in-hand with the imperative to commit to enabling a science aligned progressive fossil fuel phase-out across their financed emissions exposures." FS Sustainability reached out to the banks, but they did not comment ...

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

ROSE MARY PETRASS  |  TUESDAY, 16 APR 2024  |  NEWS
... 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 an ethos rooted in ethical investment with ...

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... better climate governance. Market Forces looked at 45 energy companies on the CA100+ "focus list" with the largest fossil fuel expansion plans. Researchers analysed director votes against company performance in the CA100+ benchmark. In recent months ...

Canberra acts on billion-dollar net zero plan

ROSE MARY PETRASS  |  WEDNESDAY, 3 APR 2024  |  NEWS
... independent think tank Climate Energy Finance, said the initiative will boost regions and workforces with historic dependency on fossil fuels. The funding will "expand domestic capacity-building and catalyse onshore value-added manufacturing," he said. ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024  |  NEWS
... claimed the index excluded only companies with significant business activities in a range of industries, including those in fossil fuels, but has since admitted that a "significant proportion" of the securities in the index and fund were from issuers ...

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... also continued investment into traditional (oil and gas-based) energy firms. BlackRock has never supported divesting from fossil fuels. Fink called such companies "pioneers of decarbonisation". Despite anti-ESG backlash in the US, money is still pouring ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
While the country's top 30 super funds have lower stakes in Woodside and Santos, they continue to engage with the resource companies while prioritising returns for members. Compared with two years prior, the two energy giants have a larger share ...

Defunct fund pays greenwashing fine

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 FEB 2024  |  NEWS
... that said the fund would seek to avoid the investment of the fund's assets in a range of excluded activities, including in fossil fuels, ASIC outlined. ASIC said the Bloom Fund used revenue thresholds which allowed it to invest in companies that derived ...

BlueScope receives funding for lower emissions project

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
... was "an important area of focus," but said that much stronger incentives are needed "to reduce - not support new - fossil fuel powered production." "Today's announcement acknowledges the strategic importance of supporting trade-exposed industries as ...

Australian Ethical grants $500k to climate solutions

ROSE MARY PETRASS  |  WEDNESDAY, 24 JAN 2024  |  NEWS
... transition to renewable energy. Additionally, the Environmental Defenders Office will use its grant towards monitoring fossil fuel projects in the Australian regulatory pipeline, and providing the public with legal resources to take effective action. ...
PREVIOUS
NEXT