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Showing 41 - 50 of 85 results for "Thermal coal"

State Street to launch ESG ETF

ANNABELLE DICKSON  |  MONDAY, 27 JUL 2020
... index will take place in September 2020, providing an exclusion of companies generating more than 5% revenue from thermal coal. "ESG investing can have an impact on a company's long-term performance, allows clients to invest based on their values, and ...

BlackRock offers update on dumping coal

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
BlackRock has offered its first major update on investment stewardship since it said it would dump thermal coal from active portfolios. The investment giant's voting efforts increased in 2020, with the number of company engagements increasing by 47% ...

Australian Ethical divests Mercer parent company

ALLY SELBY  |  MONDAY, 13 JUL 2020
Australian Ethical has pulled the plug on a $5 million shareholding in Marsh & McLennan, pointing to the provision of insurance services to a mining conglomerate as grounds for the divestment. The investment in Marsh & McLennan was held in the firm's ...

First State to dump $40m of thermal coal holdings

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... super fund has announced it will divest $40 million of its equity portfolio, including its indexed exposures, from thermal coal miners from October and will reduce greenhouse gas emissions in its listed equities exposures by at least 30% by 2023. First ...

HESTA to go zero carbon

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2020
... against its emissions reduction targets on an annual basis. HESTA was the first major Australian super fund to place a thermal coal mining restriction across all investment options and recently extended this restriction to further eliminate the financing ...

Pendal adds SRI lense to multi-asset fund

HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
... (including the distribution of pornography), the direct mining of uranium for weapons manufacturing, the extraction of thermal coal and the production of oil sands. Blayney said that through a "powerful combination" of changes in consumer behaviour ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... has already banned beef imports from four Australian abattoirs, put an 80% customs duty on barley, its looking at thermal coal import restrictions. It wouldn't be a stretch to imagine that if push comes to shove, import restrictions could expand ...

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
... barley imports on May 18 (will not forget the date cause it's my birthday), and is now preparing to wreak havoc on thermal coal - Australia's second top commodity export. Next stop iron ore, Australia's top export... and then tourism... and ...

AMP, Pendal launch new managed portfolio

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... 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 and environment outcomes ...

AMP Capital cuts fees on equities fund

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... Sustainable Share Fund will shift from charging 70 bps per year to 55 bps per year. It has tightened its screening for thermal coal producing stocks from 10% of coal-production-related revenue to 1%. "A 1% threshold screens out companies actively producing ...