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Showing 51 - 60 of 85 results for "Thermal coal"

Carbon footpath important, not footprint: AXA

ALLY SELBY  |  MONDAY, 24 FEB 2020
... utilities that have shown a higher propensity to invest in renewable energy and storage solutions and divest from thermal coal. "In addition to E score, other data on company products and services, as well as transition behaviour is necessary in order ...

BlackRock wakes up to climate change

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
BlackRock will double its ESG ETF offerings, dump investments in thermal coal and increase sustainable assets under management tenfold this decade. All this, just six months after it was revealed that BlackRock lost more than $133 billion by investing ...

Market Forces takes aim at big banks

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
... goals of the Paris Agreement," said Market Forces research director Jack Bertolus. "This means committing to exit thermal coal mining and coal power generation in OECD countries like Australia by 2030, as Commonwealth Bank has already done." Market Forces ...

Pendal cuts fee on multi-asset fund

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... not invest in companies materially involved producing tobacco, alcohol gaming facilities, weapons, pornography or thermal coal production among others. The fund's five year annualised returns are 6.44% after fees compared to the benchmark's 8.38% ...

NAB accused of greenwashing

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... Report, is "little more than greenwash and a recipe for climate catastrophe." In the report, NAB said it will exit thermal coal by 2035 - Market Forces insists this is "too little too late." It cites the fact that signatories to the Global Investor Statement ...

Suncorp responds to shareholder resolution

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
... an institutional bank." The spokesperson added that Suncorp does not directly invest in, finance or underwrite new thermal coal mining extraction projects, or new thermal coal electricity generation, and will phase out of these exposures by 2025. Market ...

Suncorp pressured on coal

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
... have an institutional bank," the spokesperson said. "Suncorp does not directly invest in, finance or underwrite new thermal coal mining extraction projects, or new thermal coal electricity generation, and we will phase out of these exposures by 2025. ...

AMP Capital revamps ethical super funds

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... investment screen in regards to fossil fuels to reduce the revenue companies can make from fossil fuels including mining thermal coal and brown coal power generation from 20% to 10%. The fund already had an exclusion in place for "companies that make ...

Legg Mason launches new fund

ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
... including tobacco, gambling, alcohol, defence and weapons, fur, genetically modified crops, nuclear energy, oil sands and thermal coal." Sowerby added that QS Investors has a strong track record in the management global equity portfolios. "The marriage ...

Norwegian pension fund drops WHSP

HARRISON WORLEY  |  FRIDAY, 18 JAN 2019
... guidelines. The guidelines stipulate that any mining companies or power producers deriving 30% or more of their income from thermal coal or basing 30% or more of their operations on thermal coal are eligible for observation or exclusion. WHSP is invested ...