Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 401 - 410 of 839 results for "Carbon"

Pension funds apply pressure on climate change

ELIZABETH MCARTHUR  |  THURSDAY, 23 JUL 2020
... government bodies to protect US market stability and the US' global competitiveness by guiding a transition to net zero carbon emissions. "Such actions are particularly critical now, as our financial markets are especially vulnerable in the face of the ...

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
... greater role in a green recovery from the economic crisis. It comes just a month after it announced it would reduce absolute carbon emissions from its investment portfolios by 33% by 2030, and will transition to zero carbon emissions by 2050. In a submission ...

J.P. Morgan launches ESG integration policy

RACHEL ALEMBAKIS  |  TUESDAY, 14 JUL 2020
... 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, the firm said. ...

LGS certified carbon neutral

ELIZA BAVIN  |  FRIDAY, 10 JUL 2020
Local Government Super (LGS) announced it has been certified carbon neutral through Climate Active. LGS said the certification means it is one of only five Australian super funds to achieve carbon neutral status. The fund said it was awarded the certification ...

First State to dump $40m of thermal coal holdings

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... in First State Super's listed equities portfolio over the next three years, as well as the introduction of a new low-carbon index. The fund will also commit to an ongoing review of its energy portfolio mix, to mitigate the potential for stranded ...

Australian Unity rejigs executive lineup

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... launched a new green bond fund that will invest in fixed interest securities with the primary purpose of helping lower carbon emissions. The fund is managed by Australian Unity's in-house cash and fixed interest team, Altius Asset Management led by Bill ...

Pension fund in divestment hoax

JAMIE WILLIAMSON  |  FRIDAY, 3 JUL 2020
... fossil fuels. The hoax release said the pension fund planned to start divesting immediately with a goal of reaching overall carbon neutrality by 2030. The release was picked up by a number of major European news outlets before the fund's head of communications ...

SG Hiscock, Morgan Stanley launch global equity funds

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... the ability to consistently compound shareholder returns over time, and the Global Sustain fund aims to emphasise the low carbon footprint, and excludes tobacco, gaming, adult entertainment, weapons, bulk commodities, fossil fuels, and gas/electrical ...

HESTA to go zero carbon

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020
HESTA will reduce the absolute carbon emissions in its investment portfolios 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 ...

Investors should factor in climate risk: JANA

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... potential costs of physical changes resulting from climate change and the impact of policy changes. The transition to a less carbon intensive global economy is inevitable, presenting medium and longer-term financial risks and opportunities for investors ...