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Showing 561 - 570 of 1969 results for "Green"

Aware Super cuts carbon emissions by 40%

ELIZABETH MCARTHUR  |  THURSDAY, 26 NOV 2020
Australia's second largest super fund has managed to reduce the carbon footprint of its equities portfolio by 40%. The $130 billion industry fund (formerly First State Super) has created a series of new listed equities benchmarks that will support the ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
"I see trees of green, red roses too..." - Louis Armstrong It'll be peculiar to even be humming this immortal classic at a time when covid-19 continues to afflict most of the world. But the way it's going for this land down under, it wouldn't ...

Vanguard, Fidelity, BetaShares rank low on ESG: Report

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
New research from Morningstar has attempted to wade through the greenwashing in funds management based on managers' overall commitment - with some surprising results. The research looked at more than 100 strategies and 40 asset managers to provide ...

Super fund joins climate initiative

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
A $54 billion industry fund, a mining company and a professional services firm have joined an initiative to tackle emissions in supply chains by 2050. Cbus, Fortescue Metal Group and Aurecon have signed on to the Australian Industry Energy Transitions ...

NSW budget boosts TCorp loans

KARREN VERGARA  |  WEDNESDAY, 18 NOV 2020
... TCorp aims to establish a 2032 benchmark bond via syndication by the end of June 2021. In October, TCorp issued its third green bond. The $1.3 billion November 2030 green bond generated strong investor demand, head of funding and balance sheet Fiona ...

Climate change reporting is cheap talk: Research

KARREN VERGARA  |  MONDAY, 16 NOV 2020
... 2.4 times less effective than reported data in identifying the worst emitters and provide little information to identify green companies in brown sectors," the paper, Green Data or Greenwashing? Do Corporate Carbon Emissions Data Enable Investors to ...

Mercer launches climate-transition tool

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... and analytics tool ranks portfolios from low-transition capacity (gray investments), low-carbon risk to climate solutions (green investments). This is done by assessing emissions intensity, transition capacity and green revenues in the portfolio. With ...

Perpetual gets green light for acquisition

ELIZA BAVIN  |  FRIDAY, 13 NOV 2020
Perpetual has been given the green light for its acquisition of a US-based asset manager. Perpetual announced in July it was seeking to acquire a 75% stake in $64 billion Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley). The remaining 25% interest ...

AustralianSuper backs net-zero emissions

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
AustralianSuper is pledging to achieve net-zero carbon emissions in its investment portfolios and ramping up its commitment to renewables. Following a board meeting in October, the super fund decided it was in members' best interest that it positions ...

Fund managers' ESG beef

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
Fund managers with a focus on ESG must be wary of supply chains, especially where meat and dairy industry are involved, according to new data. The Coller FAIRR Protein Producer Index found that the world's largest meat, fish and dairy producers are ...