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Showing 131 - 140 of 184 results for "Fossil fuels"

Where UniSuper sees market opportunities

KANIKA SOOD  |  MONDAY, 31 DEC 2018
... In unlisted, everything looks expensive," Pearce said. The fund has screened for tobacco, armaments, gambling and fossil fuels for more than seven years. Pearce said the fund is content with its ESG and has no immediate plans in the area. Emerging markets ...

New super fund to secure female financial security

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
... power of women. As such, it excludes investment in gambling, offshore detention, tobacco, weapons, animal cruelty and fossil fuels. The fund will also not invest in companies that abuse women at any point in their supply chain and those failing to commit ...

Global equities fund purges tobacco, fossil fuels

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... fund that holds about $300 million of Aussie insto money is purging itself clean of all investments in tobacco and fossil fuels. Vontobel is a Swiss asset manager with $167 billion in assets under management. About 11.4% of the firm's total assets ...

Fossil fuelled Ireland to divest for climate change

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
The Republic of Ireland looks set to become the world's first country to divest from fossil fuels. On July 12 lawmakers in the nation's Dail Eireann - the lower house of parliament - passed a bill requiring the Irish government to sell off any interests ...

Church threatens to dump $21bn of fossil fuels

KANIKA SOOD  |  MONDAY, 16 JUL 2018
One of the UK's largest charity fund managers has voted to sell $21 billion worth of investments in fossil fuels if the companies don't align to climate change goals by 2023. The Church of England's parliament voted 347 to four in favour ...

Perpetual launches ethical fund

KARREN VERGARA  |  THURSDAY, 14 JUN 2018
... some companies that may be screened generate 5% or more revenue from alcohol or tobacco sales; produce uranium; emit fossil fuels; manufacture nuclear weapons; or engage in genetic engineering and so on. SRI screens on the other hand, assesses companies ...

Responsible investment now mainstream

ALEX DUNNIN  |  THURSDAY, 31 MAY 2018
... most popular fund-wide screens were against tobacco and armaments stocks, to promote human rights and divest from fossil fuels. "This is playing out with many funds starting to flex their muscle with companies," O'Connor said. In practical terms, this ...

Super fund launches renewable energy investment option

KARREN VERGARA  |  THURSDAY, 3 MAY 2018
... investment option later this month, one which targets a 20% allocation to renewable energy and does not invest in fossil fuels. Future Super co-founder Simon Sheikh said Future Super Growth (Renewables Plus) empowers Australians to bypass political inertia ...

ANU to recalibrate divestment policy

ALEX DUNNIN  |  FRIDAY, 27 APR 2018
... political storm in 2014 when it became one of the first university investment funds in Australia to divest from the fossil fuels sector. It first announced its divestment strategy in 2013. The divestment saw them sell down $16 million of their shareholdings ...

Super funds strengthen support for low carbon economy

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2017
... developed and emerging markets," Harwood said. The new fund commits to reducing the exposure to carbon footprint and fossil fuels by 50% of its MSCI ACWI benchmark, with the portfolio's weighting tilted toward companies with positive ESG characteristics ...