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Showing 311 - 320 of 365 results for "divestment"

Fossil fuel divestment gathers pace

ALEX DUNNIN  |  TUESDAY, 13 JAN 2015
The fossil fuel divestment push is gathering pace, this time with 295 faculty members of Stanford University in the US writing to its board of trustees asking them to divest its $25 billion endowment fund from the investment sector. The Stanford University ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... more expensive than retail cover. Group insurance would then lose its main selling point: its low cost. Fossil fuel divestment and screening Climate change was squarely back on the global political agenda in 2014, with the US and China - the world's ...

Climate induced GFC a 'very real' risk: Hewson

JAMES FERNYHOUGH  |  TUESDAY, 14 OCT 2014
... politicians and the media. "The reason for this extraordinary response is because the ANU is seen as another domino in the divestment movement effect, involving individuals and institutions deciding to sell their holdings in fossil fuel-producing companies," ...

HESTA takes stand against thermal coal

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
... fund HESTA has begun restricting its investments in thermal coal, becoming the latest fund to move towards fossil fuel divestment. Under the new policy, HESTA will not make new investments in unlisted companies that derive more than 15% of revenue or ...

Get ready for activist members, super funds told

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
... screening. "We do have exclusions on a number of specific sectors - tobacco, cluster bombs. However, we're not sure that divestment changes or addresses the problem. Hence we actively engage with companies on considering carbon risk." On the Environment ...

LaSalle divests Sydney Sofitel Wentworth

MARK SMITH  |  WEDNESDAY, 18 JUN 2014
... clients, both for accommodation and meetings needs." The property was held in the LaSalle Asia Opportunity Fund III. "The divestment of Sofitel Wentworth comes at a time when hotels in Sydney boast some of the most attractive market fundamentals in the ...

Hunter Hall divests from fossil fuels

JAMES FERNYHOUGH  |  FRIDAY, 30 MAY 2014
... enables Hunter Hall to focus on a future with new opportunities. "After observing the gathering momentum of fossil fuel divestment campaigns and consulting a number of our supporters, it is clear climate change is an important issue to many retail and ...

AMP carbon screening leads to just two divestments

JAMES FERNYHOUGH  |  THURSDAY, 29 MAY 2014
... Woods, AMP Capital head of environmental, social and governance research, said that the new criteria resulted in the divestment from just two of those 56 companies, both of which are Chinese. The new guidelines are targeted at companies with a more than ...

LUCRF divests $5 million of cluster munition and tobacco

LAURA MILLAN  |  TUESDAY, 6 MAY 2014
LUCRF Super has approved the negative screening and divestment of cluster munition manufacturers and tobacco companies from its investment portfolios. The fund said that it held $4.5 million in cluster munition stocks and $522,000 in tobacco as of January ...

Perpetual jettisons Guardian Trust

MARK SMITH  |  MONDAY, 7 APR 2014
... Perpetual expects to deliver synergy benefits of at least $15m per annum after tax from The Trust Company integration. The divestment of the New Zealand business will not impact previously stated synergy estimates.