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Showing 11 - 20 of 53 results for "Paris Agreement"

Mercer joins net-zero club

ELIZA BAVIN  |  WEDNESDAY, 3 MAR 2021
... Mercer said the commitment aligns with targeting a 1.5 degree Celsius limit on global temperature increases and the Paris Agreement's ambitions. Mercer Pacific chief investment officer Kylie Willment said the commitment is based on the belief that it ...

Woodside results vindicate divestment argument: Activists

ELIZABETH MCARTHUR  |  FRIDAY, 19 FEB 2021
... committed to net zero absolute carbon emissions across its portfolio by 2050. This brings UniSuper in line with the Paris Agreement and with some of the largest super funds including AustralianSuper, Aware Super, HESTA, Rest and Cbus - all of which have ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... "Then, there's the contribution to climate change. We know that if we are to meet the climate goals of the Paris agreement and avoid the worst impacts of climate change then we need to reduce the amount of gas being burned. Adding a new gas field ...

AIA under fire for coal holdings

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
... included in host governments' climate plans, it could still finance scores of new projects which violate the Paris Agreement. "Divesting from sectors which are not compatible with its brand is not an alien concept for AIA. According to its responsible ...

Mercer launches climate-transition tool

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... which draws from multiple data sources is the capacity to align to a 1.5C global warming target as outlined in the Paris Agreement. "It's best to combine a top-down, total-portfolio view with forward-looking bottom up portfolio analytics such as sector ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... resolutions lodged against 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 ...

Robeco extends exclusions

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
... investments, transitioning to a lower carbon economy. "As global leader in sustainable investing we are committed to the Paris agreement, which aims to limit the rise in global temperatures to well below 2C. This will require substantial reductions in ...

Super funds accused of chest beating on climate change

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
... zero absolute carbon emissions in its investment portfolio by 2050, a move the fund says is in align with the Paris Agreement. The $83 billion fund said it already has $8 billion invested in ESG strategies and that it will now divest all companies deriving ...

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
... book to encourage institutional investment in a green recovery. "New Zealand's Parliament has agreed to long-term Paris Agreement-aligned emission reduction targets and established a Climate Change Commission to deliver an annual carbon budget and report ...

Australian Ethical divests Mercer parent company

ALLY SELBY  |  MONDAY, 13 JUL 2020
... the statement was vague and lacked meaningful information about how the company would assess alignment with the Paris Agreement." Greenwashed, general statements of principal are no longer sufficient, he said, encouraging companies to state clearly what ...