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Showing 361 - 370 of 785 results for "Climate Change"

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
... emissions by 2050. In a submission to the government's Technology Investment Roadmap discussion paper, HESTA said climate change presents a very real financial risk to its portfolio, arguing if they fail to consider it in investment decision-making it ...

BlackRock offers update on dumping coal

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... "retrograde" step. BlackRock identified 244 companies in the last year that it said were not making sufficient progress on climate change; 191 of those were placed "on watch" meaning that BlackRock expects them to make changes or it will take voting ...

Australian Ethical posts record results

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... year; a 19.7% increase in 12 months. Simons said a particularly devastating bushfire season, as well as the global climate change movement, had helped boost client numbers. "The bushfires really resonated with people; [they realised] they needed to take ...

J.P. Morgan launches ESG integration policy

RACHEL ALEMBAKIS  |  TUESDAY, 14 JUL 2020
... will focus on building their proprietary ESG scoring system, thematic research and analytics, with a key focus on climate change and carbon transition. JPMAM has $1.7 trillion ESG integrated as of March 31, which is more than 90% of global client AUM ...

Australian Ethical divests Mercer parent company

ALLY SELBY  |  MONDAY, 13 JUL 2020
... holding in Marsh & McLennan for ethical reasons came after months of engagement with the company about its policy on climate change," he said. "When a company is judged to have acted unethically, we think investors in the company should look for opportunities ...

First State to dump $40m of thermal coal holdings

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... recognise there is more to do; which is why we have committed to bold actions and real targets to shift the dial on climate change which will assist us to continue to deliver strong sustainable long-term returns to our members." These include a minimum ...

Pension fund in divestment hoax

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
Global climate change activist group Extinction Rebellion has come under fire after it posed as Sweden's largest pension fund and claimed it was divesting from all companies with operations in fossil fuels. On June 29 a website purporting to be that ...

HESTA to go zero carbon

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020
... by 33% by 2030 and will move to net zero by 2050. The $52 billion industry superannuation fund will implement a Climate Change Transition Plan (CCTP) that seeks to effectively align the Fund's actions and investment portfolio with the goals of the Paris ...

Investors should factor in climate risk: JANA

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
JANA has called on investors to factor climate change into major investment decisions, warning the impact of climate change and unclear policy responses by governments pose a significant risk to returns. In a report sent to clients, including superannuation ...

Fidelity launches sustainable fund

ALLY SELBY  |  TUESDAY, 16 JUN 2020
... particular, as they become more aware that their investments can have a direct impact on the important topics of climate change and water scarcity," Devoy said. "In response to this, Fidelity International Australia is now launching a global equity fund ...