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Showing 1 - 10 of 172 results for "fossil fuels"

Clean energy strategies a gateway to long-term growth

ANDREW MCKEAN  |  TUESDAY, 18 MAR 2025
... almost two thirds of respondents view the transition to clean energy as a growth opportunity. This comes despite fossil fuels remaining more profitable in the next few years. Willis head of natural resources for the Pacific Mathew Frost said in mining ...

Vanguard rejigs Ethically Conscious options

KARREN VERGARA  |  TUESDAY, 11 MAR 2025
... thresholds between 0% and 5% related to oil, gas, and thermal coal activities. The index classifies oil, gas, and coal as fossil fuels in its non-renewable energy category of company products. Previously, thermal coal, oil, and gas business involvement ...

Renewable energy company secures $160m from Macquarie

KARREN VERGARA  |  MONDAY, 10 FEB 2025
... energy investment reached $3 trillion (US$1.9tn) in 2023, up 10% year-on-year, outpacing the amount allocated to fossil fuels of $1.8 trillion (US$1.1tn). Solar and wind installations globally are expected to grow at 10% on average annually in the next ...

Betashares launches ethical fixed income ETF

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
... investors exposure to a range of Australian corporate and government bonds that exclude issuers with material exposure to fossil fuels and those that engage in activities deemed inconsistent with responsible investment considerations. The ETF tracks ...

ASX-listed firm invests with Osmosis

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... from an ASX-listed firm. Evans and Partners allocated an undisclosed amount to Osmosis' Resource Efficient Ex Fossil Fuels Fund. The fund applies strict environmental screens in companies that have material involvement in fossil fuels or nuclear ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... Super Trust, of which Mercer is the trustee. The options promised to exclude companies involved in carbon intensive fossil fuels like thermal coal, alcohol production and gambling. They were promoted as suitable for members who "are deeply committed ...

Boutique ESG fund manager folds

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
... the end of March. The fund applies a negative screen on ASX-listed companies that have first derivative exposure to fossil fuels, alcohol, gambling, tobacco, uranium, weapons, and predatory lending. A first derivative exposure means the direct or primary ...

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2024
... time on climate action markets continue to take a long-term view on the inevitability of the transition away from fossil fuels." Further, because of its impact investment mandate, the fund is also typically overweight private credit and clean energy ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... the index excluded only companies with significant business activities in a range of industries, including those in fossil fuels, but has since admitted that a "significant proportion" of the securities in the index and fund were from issuers that were ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... the fund would seek to avoid the investment of the fund's assets in a range of excluded activities, including in fossil fuels, ASIC outlined. ASIC said the Bloom Fund used revenue thresholds which allowed it to invest in companies that derived up to ...
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