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Showing 1 - 10 of 164 results for "fossil fuels"

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... 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 that were ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... 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 up to ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
... further. With the extent to which something is excluded differing across asset classes, they include things like fossil fuels, alcohol, pornography, uranium, logging, gambling, animal cruelty, predatory lending, or companies found to have significantly ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... the index excluded issuers with significant business activities in a range of industries, including those involving fossil fuels. "However, ASIC alleges that ESG research was not conducted over a significant proportion of issuers of bonds in the Index ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... the index excluded issuers with significant business activities in a range of industries, including those involving fossil fuels. "However, ASIC alleges that ESG research was not conducted over a significant proportion of issuers of bonds in the Index ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... the index excluded issuers with significant business activities in a range of industries, including those involving fossil fuels." "However, ASIC alleges that ESG research was not conducted over a significant proportion of issuers of bonds in the Index ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
... than 150 members switching providers as part of a targeted campaign against the fund's $2 billion exposure to fossil fuels. As at 31 December 2022, Santos shares made up 0.49% of Rest's MySuper option Core Strategy, a spokesperson said. "We are ...

Future Super accused of greenwashing via Facebook post

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
... infringement notice by ASIC over a Facebook post that implied all its funds under management had been invested in fossil fuels prior to transitioning to Future Super. The $13,320 infringement notice follows ASIC raising concerns over the post which stated ...

The seven global megatrends to watch: CSIRO

CHLOE WALKER  |  MONDAY, 27 MAR 2023
... scarcity challenges and helps point us towards this mission possible future. "So, the global energy transition away from fossil fuels is a key pillar of this megatrend." Next, trend number three, 'the escalating health imperative', looks at the story ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... deeply committed to sustainability' because they excluded investments in companies involved in carbon intensive fossil fuels like thermal coal," according to ASIC. Mercer told members on its website that certain companies were excluded in their investments ...
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