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Showing 1 - 10 of 15 results for "fossil fuel divestment"

ASX-listed firm invests with Osmosis

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... maintaining tight country, industry, and sector weights to the benchmark the fund addresses concerns that fossil fuel divestment products can lead to inadvertent concentration risk in certain sectors," Dear said. The sustainable fund manager based in ...

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... top 200 fossil fuel companies and require them to divest any existing holdings by 2030. The California Fossil Fuel Divestment Act passed through the state's Senate overnight and, if passed by the Assembly, will see the California Public Employees' ...

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
... divest all fossil fuel companies and be banned from making any further investments under a new bill. The Fossil Fuel Divestment Bill to advance California Climate Goals was introduced into the California state Senate last week by Senator Lena A. Gonzalez. ...

Fossil fuelled Ireland to divest for climate change

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
... and peat held via its $14 billion sovereign development fund, the Ireland Strategic Investment Fund. The Fossil Fuel Divestment Bill will now progress to the Seanad - upper chamber - in the coming months and, if passed, will compel the government to ...

Responsible AUM strengthens

KARREN VERGARA  |  TUESDAY, 25 JUL 2017
... 36% year-on-year. "While recent conversations dominating this sector have been predominately focused on fossil fuel divestment, the report shows an increase in negative screening across the market, particularly against weapons, tobacco, gambling, as ...

Super funds losing billions to fossil fuels

DARREN SNYDER  |  WEDNESDAY, 10 FEB 2016
... exposure to the fossil fuel sector. In July 2015, The Climate Institute published a paper that said the fossil fuel divestment movement is growing at an unprecedented rate. "A distinct pattern is emerging of investment managers with long-term horizons ...

Super funds under growing global pressure to divest

LAURA MILLAN  |  THURSDAY, 24 SEP 2015
... change being felt all over the world. A global report by Arabella Advisors quoted by the campaign shows that fossil fuel divestment has grown 50-fold over the last year, with institutions divesting managing about $3.3 trillion (US$2.3 trillion) In Australia ...

First State Super socially responsible options go green

LAURA MILLAN  |  FRIDAY, 11 SEP 2015
... of stranded assets and the ways companies are dealing with climate change," he said. He added that the fossil fuel divestment in the socially responsible option is designed "to reflect the views of some of our members."

Universities at fossil fuel divestment frontlines

ALEX BURKE  |  THURSDAY, 21 MAY 2015
... University, Soas University of London and the Australian National University - to respond to the growing fossil fuel divestment movement, led by the international not-for-profit 350.org. Speaking to Financial Standard, 350.org Australian national campus ...

Fossil fuel divestment gathers pace

ALEX DUNNIN  |  TUESDAY, 13 JAN 2015
The fossil fuel divestment push is gathering pace, this time with 295 faculty members of Stanford University in the US writing to its board of trustees asking them to divest its $25 billion endowment fund from the investment sector. The Stanford University ...
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