Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 189 results for "Carbon Emission"

Industry fund awards ESG mandate

ANNABELLE DICKSON  |  TUESDAY, 9 MAR 2021
A $6 billion industry fund has implemented State Street Corporation's ESG Risk Analytics Solution to manage the carbon emissions of its assets. State Street's solution will provide EISS Super with customised ESG performance and risk management with ...

Mercer joins net-zero club

ELIZA BAVIN  |  WEDNESDAY, 3 MAR 2021
Mercer Australia has committed to achieve net-zero carbon emissions by 2050 for its Australian funds and the Mercer-managed investment options within Mercer Super. This represents a combined $36.4 billion in assets under management as at 31 December ...

Woodside results vindicate divestment argument: Activists

ELIZABETH MCARTHUR  |  FRIDAY, 19 FEB 2021
Woodside Petroleum's annual results, with a $US4.028 billion net loss for 2020, are food for thought for super funds, according to divestment activists. Several of Australia's largest super funds have significant holdings in Woodside. It appears ...

BetaShares launches climate ETF

ANNABELLE DICKSON  |  FRIDAY, 19 FEB 2021
The exchange-traded fund (ETF) provider has announced it is set to launch a fund that will provide exposure to companies focused on climate and environmental challenges. The BetaShares Climate Change Innovation ETF (ERTH) will track an index that will ...

IFM to acquire energy company

KARREN VERGARA  |  WEDNESDAY, 3 FEB 2021
IFM Investors, together with a global pension fund, are set to acquire a clean, low-carbon energy company Enwave. QIC has also bought into the same company in a separate transaction. IFM and the $210 billion Ontario Teachers' Pension Plan Board ...

IFM makes multi-billion-dollar energy bid

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
IFM Investors has made a EUR 5 billion offer for a 22% stake in Spanish energy company Naturgy Energy Group. The stake will form part of IFM's Global Infrastructure Fund. Naturgy is based in Spain and listed on the IBEX 35 exchange. Its diversified ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
Japan may need to spend more to mitigate the expected slowing in consumption and business activity following the declaration of the second state of emergency. The worst of the pandemic appeared to have passed when Yoshihide Suga took over from Shinzo ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
However it's measured, economic growth has rebounded in the Land of the Rising Sun from the depths of the huge contraction recorded in the June 2020 quarter. Japanese GDP surged at an annualised rate of 22.9% in the September quarter (from a 29.2% ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... allocation or divestment. Aware Super, AustralianSuper, Cbus and CareSuper have all made commitments to have net-zero carbon emission portfolios by 2050. On December 1, Santos made the bold announcement that it would net-zero by 2040. The company's ...

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 ...