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Showing 191 - 200 of 2557 results for "Oil"

AustralianSuper backs net-zero emissions

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
... zero, companies should emit new greenhouse gas as low as possible, which means rapidly phasing out fossil fuels such as coal, oil and gas, and transition to renewable energy, the Climate Council said. IFM Investors and Cbus are some organisations that ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
... COVID-19 vaccine is nigh has injected optimism in the world economies, financial markets and commodity markets, including oil. Oil prices jumped to two-month highs - WTI oil to US$41.36 per barrel; Brent oil to US$43.61 - following reports of encouraging ...

Aware Super shakes up SRI option

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
... market capitalisation; the new options exclude those that earn 5% or more of revenue from coal and coal-fired power generation; oil and gas (conventional and unconventional) as well as transportation. This new criterion also removes businesses that earn ...

Disruption not sustainable: Schroders

ANNABELLE DICKSON  |  MONDAY, 12 OCT 2020
... companies like BHP and Rio Tinto are unlikely to be disrupted as iron ore has done well but even commodities like alumina and oil which have been the reverse, will not. "The way that we see is that they are subject to little threat from tech, it's easy ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... ANZ's exposure to coal mining increased by 27% to $1.4 billion in 2018 with a further increase to $1.5 billion 2019, while oil and gas exposure increased 8% to nearly $20 billion in 2019. NAB's net exposure to gas-fired power surged 106% to $1.17 billion ...

S&P launches sustainable versions of flagship indices

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... will exclude companies with specific fossil fuel reserves, those involved in thermal coal extraction and power generation, oil sands extraction, and energy exploration and production. In addition, the indices exclude companies that are involved in controversial ...

Robeco extends exclusions

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
Robeco announced it will now exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds. The manager said the decision is an important step in its sustainable investing approach. Companies that derive 25% or more of ...

AMP Capital Ethical Leaders loses another mandate

ELIZABETH MCARTHUR  |  THURSDAY, 24 SEP 2020
... the fund, from December 2019, includes some companies that might surprise super fund members invested in an ethical option - Oil Search, Rio Tinto, BHP and Woodside Petroleum. A spokesperson for AMP Capital said: "AMP Capital has a strong commitment ...

Super funds accused of chest beating on climate change

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
... reviewed and increased over time. Market Forces was also critical of UniSuper's ongoing investments in Woodside, Santos, Oil Search and Origin Energy and said the fund has made no commitment to drop these investments. "Given many fossil fuel producers ...

Charter Hall REIT acquires portfolio, opens raise

ANNABELLE DICKSON  |  THURSDAY, 10 SEP 2020
... raise to fund the purchase. CLW is acquiring a 49% interest a portfolio of 70 long weighted average lease expiry (WALE) BP Oil New Zealand service stations for NZ$130.8 million bringing the total portfolio value to $3.8 billion. The REIT will undertake ...