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Showing 211 - 220 of 1063 results for "coal"

State Street to launch ESG ETF

ANNABELLE DICKSON  |  MONDAY, 27 JUL 2020
... index will take place in September 2020, providing an exclusion of companies generating more than 5% revenue from thermal coal. "ESG investing can have an impact on a company's long-term performance, allows clients to invest based on their values, and ...

Industry fund lowers fees

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
The industry fund for coal miners has lowered investment and administration fees on pension products effective July 1. Mine Super's account-based pensions lowered the investment fees on four premixed options: aggressive (0.45% to 0.37%), growth ...

BlackRock offers update on dumping coal

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
BlackRock has offered its first major update on investment stewardship since it said it would dump thermal coal from active portfolios. The investment giant's voting efforts increased in 2020, with the number of company engagements increasing by 47% ...

Australian Ethical divests Mercer parent company

ALLY SELBY  |  MONDAY, 13 JUL 2020
... like it." Marsh & McLennan also failed to commit publicly to not providing services to projects like the Adani Carmichael coal mine in the future, Palmer said. "We acknowledge Marsh & McLennan has made a public statement saying it may refuse work which ...

First State to dump $40m of thermal coal holdings

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... super fund has announced it will divest $40 million of its equity portfolio, including its indexed exposures, from thermal coal miners from October and will reduce greenhouse gas emissions in its listed equities exposures by at least 30% by 2023. First ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
Leaders from the nation's industry super funds have called for greater certainty around superannuation policy, noting various challenges face the industry in the period of economic recovery ahead. In particular, industry fund chief executives pushed ...

HESTA to go zero carbon

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020
... against its emissions reduction targets on an annual basis. HESTA was the first major Australian super fund to place a thermal coal mining restriction across all investment options and recently extended this restriction to further eliminate the financing ...

Pendal adds SRI lense to multi-asset fund

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
... (including the distribution of pornography), the direct mining of uranium for weapons manufacturing, the extraction of thermal coal and the production of oil sands. Blayney said that through a "powerful combination" of changes in consumer behaviour ...

ISA responds to calls for SG freeze

JAMIE WILLIAMSON  |  MONDAY, 22 JUN 2020
Industry Super Australia has labeled a band of MPs "out of touch", after they called for increases to the super guarantee to be put on ice or scrapped completely. Backbench coalition MPs have called for the legislated increase to the SG to be scrapped ...

Senator remains firm on FASEA extension

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
Senator Rex Patrick, whose amendment to Treasury Bill Number 3 meant that the FASEA extensions hit a snag, is not backing down. The senator defended his amendment in an email to a financial advice association. "I added a schedule to the bill. Despite ...