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Showing 391 - 400 of 1063 results for "coal"

Drop in regulator staff numbers under coalition

MARK SMITH  |  MONDAY, 2 MAY 2016
There has been a sharp decline in staff numbers at the regulators policing the financial services industry in the Coalition government's three years in office, according to a new report by the Australia Institute. Average Australian Securities and Investments ...

HESTA reduces equities carbon footprint

DARREN SNYDER  |  TUESDAY, 19 APR 2016
HESTA and Russell Investments have developed an investment strategy that reduces the super fund's global equities carbon footprint by 50% and maintains benchmark performance. The strategy's objective is to remain at or below 50% of benchmark carbon ...

AustralianSuper launches new SRI investment option

DARREN SNYDER  |  MONDAY, 18 APR 2016
... Wesfarmers excluded, while some global utilities will remain. Transport companies responsible for moving much of Australia's coal exports will also remain. Members of the new option will also remain exposed to fossil fuel infrastructure and debt," Gocher ...

Norwegian pension fund drops 52 coal companies

ALEX BURKE  |  FRIDAY, 15 APR 2016
Norges Bank has announced that 52 coal companies, including two Australian ones, will be excluded from the roughly $1 trillion Government Pension Fund Global. The exclusions came after the introduction in February of a new "product-based coal criterion" ...

Divestment integral for better returns

KERRIE SYDEE  |  THURSDAY, 14 APR 2016
... executive director Julien Vincent said: "Super funds have the choice to take a systemic approach to the structural decline of coal and rule it out of their portfolios altogether. Or they can continue to lose members' money on the few remaining listed ...

CalPERS urges Rio Tinto to report climate change risk

DARREN SNYDER  |  TUESDAY, 12 APR 2016
Rio Tinto is supportive of a resolution co-filed by US pension fund CalPERS requesting the global mining giant provide an annual report on environmental risks and opportunities associated with climate change. CalPERS holds about 250,000 shares in Rio ...

Research shows ethical investing at tipping point

KERRIE SYDEE  |  FRIDAY, 18 MAR 2016
... investing is due to the rise of the 'new economy' in which investors steer away from environmentally damaging products such as coal and instead favour ethical industries like healthcare, technology and renewable resources. Australian Ethical argued the ...

Parliament passes FoFA amendments

ALEX BURKE  |  THURSDAY, 3 MAR 2016
Several key amendments to the Future of Financial Advice reforms have been passed by parliament. The Corporations Amendment (Financial Advice Measures) Bill will extend the time allowed for advisers to provide opt-in renewal notices and fee disclosure ...

Super funds losing billions to fossil fuels

DARREN SNYDER  |  WEDNESDAY, 10 FEB 2016
... companies that contradict their values." Market Forces cites global reports about asset managers recently divesting from coal, including the California State Teachers Retirement Fund and Allianz. The activist group has also overhauled its Super Switch ...

Pensioners want DB decision reversed

DARREN SNYDER  |  TUESDAY, 2 FEB 2016
The Combined Pensioners and Superannuants Association (CPSA) has launched a campaign for defined benefit pensioners who received a shock in their first 2016 Age Pension payment. On behalf of DB pensioners CPSA is proposing to write to federal Treasurer ...