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

Search Results

Showing 401 - 410 of 834 results for "Carbon"

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 ...

Amazon launches climate VC fund

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
... Climate Pledge Fund would help the tech giant and other companies meet The Climate Pledge, a commitment to be net zero carbon by 2040. According to Forbes, Amazon founder and chief executive Jeff Bezos rakes in approximately US$1.5 billion every week. ...

Mirova chief labels ethical investing pledges hollow

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... prioritising net zero emissions economic solutions and prioritising human relief and job creation but not at the expense of carbon emission reduction.

Global manager shuts fund

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
... ethical-themed funds - AXA IM Sustainable Equity and AMP Capital Ethical Leaders International Share - missed out on the low carbon designation despite their ESG objectives. The AXA fund has a 7.06% exposure to fossil fuels and the AMP Capital fund has ...

State Street rejigs international equities fund

KANIKA SOOD  |  MONDAY, 1 JUN 2020
... screened out companies involved in tobacco and controversial weapons. In 2018, State Street changed the fund to 50% lower carbon emissions and reserves compared to MSCI World-ex Australia and targeted 20% improvement in overall ESG profile. The fund ...

Create coalitions for change: Martin Currie

ALLY SELBY  |  MONDAY, 25 MAY 2020
... said. "We've identified the key material risks and opportunities for each industry we invest in. "We've also analysed the carbon footprint of our portfolios, identifying the overall profile and main contributors to the carbon footprint." Asset managers ...