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Showing 141 - 150 of 1063 results for "coal"

Governments must act on net zero: Morningstar

ANNABELLE DICKSON  |  WEDNESDAY, 3 NOV 2021
... price on carbon, requiring mandatory TCFD reporting, removing fossil fuel subsidies and leading the phase-out of thermal coal for electricity generation. "Globally, asset managers and the broader industry have already committed to addressing climate ...

Fidelity moves on net zero

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
... portfolio emission goals," Tan said. Further to this, the asset manager has committed to phasing out its exposure to thermal coal in OECD countries by 2030 and 2040 globally.

Rest firms up net zero pathway

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
... 205. By the end of this year, it plans to divest from all listed companies that derive more than 10% of revenue from thermal coal, with the caveat "unless the company has a credible net zero by 2050 plan or science-based targets". "We will advocate for ...

Ellerston to shutter Morphic ESG fund

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... investment in companies involved in oil and gas, tobacco and alcohol, armaments, gambling, rainforest and old growth logging, and coal and uranium mining. Ellerston took over as RE of the fund in early 2020, replacing Perpetual Trust Services. At the ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... pasta to (more) toilet paper. Manufacturers need raw materials to manufacture these products. Factory demand - from oil and coal to power their machineries to other commodities such as aluminium and copper - coupled bottlenecks in supply chains, including ...

Super funds extend poor disclosure to ESG holdings

KARREN VERGARA  |  MONDAY, 11 OCT 2021
... sector. "To be an ESG super fund is not as simple as just divesting away from companies in the fossil fuel sector such as coal companies and investing instead into high profile social impact or renewable energy projects or buying green bonds," the report ...

Economic recap: Week to October 1

BENJAMIN ONG  |  MONDAY, 4 OCT 2021
... has rallied by 146.2% from its April 2020 low to the end of September this year. You call that a rally? This is a rally. Coal prices rocketed by 465% from its 2020 year low to the end of September this year. To produce the "widget" consumers want, factories ...

Link hires RSS compliance head

ANNABELLE DICKSON  |  THURSDAY, 30 SEP 2021
Link Group hired a senior superannuation specialist from ASIC to take on the role of global head of risk and compliance for its Retirement & Superannuation Solutions (RSS) division. Theresa Mills joined ASIC in 2016 as a director of its financial literacy ...

IFM Investors sets 2030 emissions target

ELIZABETH MCARTHUR  |  TUESDAY, 7 SEP 2021
... announced it would restrict investments in any assets that derive material amounts (more than 20%) of revenue from thermal coal, while targeting zero coal exposure for its existing infrastructure portfolio by 2030. Last year, IFM committed to reducing ...

Short-termism damaging climate outcomes

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... is far away and they can achieve radical change by then. Wilkinson thinks that 2030 targets need to be more ambitious, and coal and gas companies in Australia need to get in line with other countries and stop expansion plans if they cannot offset emissions. ...