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Showing 411 - 420 of 1063 results for "coal"

Super funds under growing global pressure to divest

LAURA MILLAN  |  THURSDAY, 24 SEP 2015
... director Charlie Wood said. But over the last year the global divestment movement has gained momentum on the back of falling coal prices and the effects of climate change being felt all over the world. A global report by Arabella Advisors quoted by the ...

New faces to lead financial services policy reform

LAURA MILLAN  |  MONDAY, 21 SEP 2015
Prime Minister Malcolm Turnbull's Cabinet reshuffle brings new faces and a new structure to the government's top economy, finance and business ministries. Social Services Minister Scott Morrison was appointed Treasurer, while Finance Minister Mathias ...

Sunsuper foresees independent director shift

DARREN SNYDER  |  MONDAY, 21 SEP 2015
... Queensland's forestry plantations, the $2.3 billion sale of the Port of Brisbane, and the $1.8 billion sale of the Abbot Point Coal Terminal. He also served as a board member of the Moorebank Intermodal Company from 2012 to 2014, as well as the Australian ...

Member activism could hurt super returns

LAURA MILLAN  |  MONDAY, 31 AUG 2015
... members and on putting in place the adequate ESG and PRI screening," he said, adding that the fund looked at divesting from coal and fossil fuel months ago, but discarded the idea. "We can divest from Transfield and from tobacco, but Australia is still ...

Australia: which way now?

BENJAMIN ONG  |  WEDNESDAY, 19 AUG 2015
We've gone a long way, baby! A very long way... down. It seems so long ago and far away now but, it had only been less than four months when the All Ordinaries index looked set to break the 6,000-point barrier. It was only 0.8% away (45.2 points) from ...

Altius fund added to netwealth platform

STAFF WRITER  |  FRIDAY, 14 AUG 2015
... involves armaments, uranium, gambling, tobacco production, pornography, alcohol production, or production or sale of thermal coal. Companies are also excluded from the investment universe if they are involved in causing or perpetuating injustice and ...

Divestment could reach $50bn in five years

ALEX DUNNIN  |  TUESDAY, 11 AUG 2015
... differently," she said. Reynolds added that the divestment movement is sometimes characterised as a push to shut down the coal industry but she countered that no one is seriously proposing that because transitioning how economies consume energy will ...

Obsession with stability is killing returns

LAURA MILLAN  |  MONDAY, 3 AUG 2015
... stability is moving investors away from all kinds of opportunities; from healthcare and IT mega caps to tobacco, fracking or coal, according to Ariel Investments chief investment officer of international and global equities Rupal J. Bhansali. Bhansali ...

Action plans for Indigenous super

DARREN SNYDER  |  MONDAY, 3 AUG 2015
HESTA is the first industry superannuation fund to launch a Reconciliation Action Plan (RAP) aiming to further build its relationships with Aboriginal and Torres Strait Islander stakeholders. HESTA executive people strategy, Sophie Sigalas, said the ...

Climate change to impact financial systems

ALEX BURKE  |  MONDAY, 13 JUL 2015
... to our carbon-intensive economy." This is already reflected, the research continues, by the "slumping value of pure-play coal companies' shares," increasing affordability of renewable energy sources and a drop in resources demand from China. "We know ...