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Showing 101 - 110 of 184 results for "fossil fuels"

Climate activism not translating to investing

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
... for unsustainable businesses to do better." Research by CHOICE found that completely extracting investments from fossil fuels is made difficult by the fact that many of the major players are old fossil fuel companies. CHOICE said while the renewable ...

Coronavirus no match for Future Fund

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... risks." Continuing his questions, Senator Whish-Wilson asked Arndt when the Future Fund would consider excluding fossil fuels from its portfolio, drawing a comparison to the fund's previous decision to exclude tobacco. "At what point do you think the ...

NZ blacklists fossil fuels from super

ALLY SELBY  |  MONDAY, 2 MAR 2020
... Approximately 690,000 New Zealanders in default KiwiSaver accounts will no longer have exposure to investments in fossil fuels and illegal weapons, with the changes coming into action by June 2021. Default providers are funds allocated to people who ...

Unsatisfied HESTA members head for exit

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
... companies are killing people and by owning them you are killing people. It is morally incumbent on you to divest from fossil fuels. Will you remove these investments to improve health and protect lives?" Receiving no satisfactory response, Lardner and ...

Academics protest UniSuper investments

HARRISON WORLEY  |  WEDNESDAY, 26 FEB 2020
UniSuper is again facing criticism over its continued investment in fossil fuels, this time directly from its members. Led by advocacy group Market Forces, university academics are today protesting against what they describe as UniSuper's "continued ...

Product provider makes big FASEA promise

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 FEB 2020
... research house claims to be well positioned to help financial advisers meet this standard. "If the client doesn't want fossil fuels in their portfolio, simply recommending an ESG product probably won't be sufficient from now on. The adviser needs to ...

Technology to transform coming decades

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... environmental sustainability in decision making. Despite this, KPMG predicts that Australia will continue to burn fossil fuels. "Australia will have a smaller fleet of coal-fired generation facilities. Fossil fuels will still be around but the low cost ...

BlackRock wakes up to climate change

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... decade. All this, just six months after it was revealed that BlackRock lost more than $133 billion by investing in fossil fuels. It's all part of chair and chief executive Larry Fink's plan to transform the world's largest asset manager into ...

Credit Suisse backs sustainability amid Federer furore

ALLY SELBY  |  MONDAY, 13 JAN 2020
... sustainability as the dominant investment theme of the coming decade, despite ongoing uproar around its investment in fossil fuels. The prediction comes as Australia's bushfire crisis scorches the country black, claiming the lives of 27 nationally ...

UniSuper on climate chopping block

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
... Investment information released by UniSuper shows across the fund 12% of its exposure is in companies involved in fossil fuels, equating to around $10 billion. Market Forces' asset management campaigner Will van de Pol said: "While Australia's ...