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

Search Results

Showing 1 - 10 of 17 results for "Fossil fuel investment"

Study finds 5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON  |  THURSDAY, 20 MAR 2025
Close to 5000 European funds being marketed as ESG hold interests in companies involved in fossil fuels, research shows. Close to 5000 funds being marketed as ESG in Europe hold interests in companies involved in fossil fuels, research shows. Analysing ...

Clean energy strategies a gateway to long-term growth

ANDREW MCKEAN  |  TUESDAY, 18 MAR 2025
Although fossil fuel investment has increased in the short term, all natural resources companies surveyed by Willis, a WTW business, have some form of a clean energy strategy. Willis' survey of 450 "senior decision markers" in energy and natural resources ...

Maine forces pension funds to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUN 2021
The state of Maine has become the first in the United States to pass legislation forcing its pension fund to divest fossil fuels. Last week, Maine passed bill LD99; an act to require the state to divest itself of assets invested in the fossil fuel industry. ...

Climate change worse than pandemic: UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
The chief executive of the UK's Pensions Regulator believes climate change will be more catastrophic to populations' way of life than the COVID-19 pandemic if no action is taken. The comments came as The Pensions Regulator chief executive Charles ...

UK pension fund fossil fuel investments laid bare

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
Despite more than 75% of the UK's local councils declaring a climate emergency, their pension funds are still pouring billions into fossil fuels the world over. A new report from campaigners Platform, Friends of the Earth (England, Wales and Northern ...

Hold super accountable for miners' actions: Future Super

HARRISON WORLEY  |  THURSDAY, 11 JUN 2020
... funds which don't invest in companies which do so. "As the rest of the world has begun to turn away from fossil fuel investment, our nation has taken three steps backwards," Hunter said. "This is a wakeup call - unless people switch to ethical super ...

ESG-themed funds fall short of expectations

ELIZABETH MCARTHUR  |  MONDAY, 4 MAY 2020
New Morningstar research comparing the carbon emission risk in managed funds has seen some ethical-themed funds missing out on a low carbon designation. A low carbon designation was awarded by Morningstar to funds with a low carbon risk score for their ...

UniSuper on climate chopping block

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
Market Forces has put UniSuper on the chopping block in a divestment campaign aimed at pressuring the fund to ditch shares in fossil fuel companies. "UniSuper does not have fund-wide exclusions on fossil fuel investments of any kind. Instead, it claims ...

British MPs prod own pension fund

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
UK members of parliament have backed a call to offload any fossil fuel investments held in the Parliamentary Contributory Pension Fund. More than 240 serving and former MPs have signed the 'Divest Parliament' pledge, calling on the fund's trustees to ...

More transparency needed on fossil fuel investment

DARREN SNYDER  |  THURSDAY, 29 SEP 2016
Financial services activist group Market Forces is imploring superannuation funds to vote against remuneration reports at the upcoming AGMs of several fossil fuel companies. The plea is based around company executives proposing to receive bonuses for ...
PAGE:
1
PREVIOUS
NEXT