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Showing 411 - 420 of 839 results for "Carbon"

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 ...

AMP, Pendal launch new managed portfolio

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... to be offered on a wrap platform in Australia. The portfolio will be guided by three principles: transitioning to a low-carbon economy; avoiding thermal coal, tobacco, gambling, pornography and controversial weapons; and encouraging sustainable social ...

COVID-19 recovery plans must heed climate science

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
... combined market cap of $3.7 trillion. Its Australian network is asking the federal government to incorporate tougher action on carbon emissions as a part of its COVID-19 recovery plan. It also wants the government to support businesses to reach net zero ...

AMP Capital cuts fees on equities fund

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... sustainable development," AMP Capital said in a letter sent to investors. The fund will also go from targeting 30% lower carbon footprint than its benchmark to targeting 50% lower carbon footprint. AMP Capital said implementing the above two changes ...

IFM cuts carbon footprint from Aussie infra assets

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
IFM Investors' local infrastructure assets, which include Ausgrid, major airports, ports and toll roads, cut their carbon footprint by 7.9% in the year ending June 2019. The industry-superannuation-owned fund manager started reporting its infrastructure ...

ESG-themed funds fall short of expectations

ELIZABETH MCARTHUR  |  MONDAY, 4 MAY 2020
New Morningstar research comparing the carbon emission risk in managed funds has seen some ethical-themed funds missing out on a low carbon designation. A low carbon designation was awarded by Morningstar to funds with a low carbon risk score for their ...