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Showing 101 - 110 of 325 results for "tobacco"

S&P kicks companies off ESG index

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAY 2020
... remain excluded from the ESG index. Phillip Morris and Lockheed Martin warranted automatic exclusions for involvement in tobacco and controversial weapons respectively. Netflix, like Twitter, suffers from a poor UN Global Compact score as does Berkshire ...

State Street fund purges tobacco, weapons

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
State Street's international equities trust, which tracks MSCI World ex Australia, is set to exclude tobacco and controversial weapons. It will make the changes from July 1, for both the hedged and unhedged versions of the State Street International ...

Pinnacle adds new boutique

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... near future. "We are not going to allocate capital to industries with negative social utility such as coal, gambling, tobacco and defence equipment makers. "Pursuing an active engagement agenda on every company held in the portfolio is a key part of ...

ESG-themed funds fall short of expectations

ELIZABETH MCARTHUR  |  MONDAY, 4 MAY 2020
... an ESG-focused objective. In fact, the IFP Global Franchise has about 5% of its portfolio invested in British American Tobacco. Looking at Australian large equities strategies separately, again funds with no specific ESG theme received the strongest ...

Time for financials to step up: Study

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... with fossil fuels being a key contention point. Of those surveyed, 60% were concerned about animal cruelty, 54% about tobacco, 51% about human rights abuses and 50% were concerned about their super contributing to gambling issues. O'Connor said that ...

Praemium rolls out investment tools, options

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
... functionality, Praemium now offers advisers the ability to automatically screen portfolios across nine screens, including tobacco, gambling, animal testing and three separate fossil fuel options. In addition to the new screens, advisers using Praemium ...

Coronavirus no match for Future Fund

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... 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 Future Fund would exit fossil fuels based on a similar ethical overlay of its investments?" ...

Why Phillip Morris gets ESG points

ELIZABETH MCARTHUR  |  FRIDAY, 28 FEB 2020
... lot of people practice ESG." Bhansali, who was in Australia to speak at a Women in Super event, broached a taboo topic - tobacco in portfolios. "We have to understand that unfortunately there are 1.1 billion smokers in the world. People don't realise ...

Climate threat pushes Aussies to sustainability

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
... exclusionary screening (82.4%) as the two main ways they incorporate ESG into their investment decisions. It found that tobacco and weapons were the top two exclusions for both asset owners and Australian mutual funds alike. The exclusion of fossil fuel ...

Factor investing, sustainability a perfect match

ALLY SELBY  |  THURSDAY, 20 FEB 2020
... they struggle, because they actually lag the market just by excluding these types of companies." He gave the exclusion of tobacco companies as an example. "Now in a factor context, this is a bit different because what we actually find is that tobacco ...