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Showing 191 - 200 of 1063 results for "coal"

AustralianSuper backs net-zero emissions

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
... net 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 ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
Asset management heavyweights are urging the nation's top 100 companies to take modern-day slavery and labour exploitation seriously by lifting the hood on their supply chains. The Investors Against Slavery and Trafficking (IAST) APAC, a newly-formed ...

Rest climate case dismissed

ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
... case, Sharma v Environment Ministers will see students ask the court to stop the Vickery Extension Project - a Whitehaven Coal development - from going ahead. Barnden said the settlement for McVeigh could have far-reaching implications for investors ...

Wages will not rise from SG cut: ISA

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
Industry Super Australia has hit out at arguments that wages will increase if the planned superannuation guarantee rise is delayed. ISA said the evidence that ditching the SG rise will not help wages can be seen from the last time it was cut in 2014. ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... it tries to protect itself from future credit losses. It has also updated its climate policy, saying it will exit thermal coal by 2030. The bank's cash profit fell to $3.76 billion and has been attributed to credit impairment charges of $2.74 billion. ...

Aware Super shakes up SRI option

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
... producers with a greater than 20% 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 ...

Nambawan Super board member resigns

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
A member of Papua New Guinea's Nambawan Super board as stepped down to avoid potential conflicts of interest after accepting a new role at a bank. Lesieli Taviri joined the super fund as a trustee director in 2014. She is the former chief executive ...

Active portfolios post stellar returns

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
... companies. "It depends where the disruption and growth is occurring. It would not invest in industries of the past such as the coal sector, for example," he said. Meanwhile, UniSuper's ethical product, the Global Environmental Opportunities Option, a ...

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Opposition leader Anthony Albanese has unsurprisingly spoken out against the Morrison government's federal budget, saying it has failed to create much needed jobs. Taking to Twitter, Albanese said: "Being a leader means taking responsibility - in the ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... them by environmental finance organisation Market Forces to align with the goals of the Paris Agreement. 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 ...