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Showing 11 - 20 of 66 results for "thermal coal"

UniSuper caps future investment in fossil fuel

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
... of 7% and has divested from companies that generate more than 10% of revenue from the extraction and production of thermal coal. UniSuper has issued its fifth annual climate risk report, detailing the $108 billion super fund's progress towards its net ...

NGS Super divests from oil and gas producers

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... on holding companies that generate more than 30% of revenue from distribution, power generation, or extraction of thermal coal, and has now expanded those restrictions to include companies who are in the oil and gas production and exploration sector. ...

Westpac sets 2030 net zero commitments

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
... continue to be supported with corporate lending, Westpac said. Westpac has previously committed to exit financing of thermal coal by 2030, and has updated their thermal coal mining definition to align with the NZBA guidelines for thermal coal. The new ...

Innova launches ESG model portfolios

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... derive more than 1% of revenue from tobacco and weapons, and companies that derive more than 10% of revenue from thermal coal mining, fossil fuel, alcohol, gambling, pornography, as well as companies that undergo severe discrimination controversies ...

UniSuper sustainability exec departs for Vanguard

RACHEL ALEMBAKIS  |  THURSDAY, 30 JUN 2022  |  NEWS
... actions on climate have included divesting from companies generate over 10% of their revenue from the extraction of thermal coal, setting the goal that their 50 largest Australian investments set Paris-aligned operational targets by the end of 2021 ...

Strong demand for ESG managed accounts: Praemium

RACHEL ALEMBAKIS  |  THURSDAY, 5 MAY 2022  |  NEWS
... categories: pornography, gaming, animal testing, armaments, alcohol, tobacco, and three categories in fossil fuels- thermal coal, oil sands, and oil and gas. These screens feed into Praemium's existing capabilities that permit customisation of portfolios. ...

HSBC Asset Management launches ESG Asia bond fund

RACHEL ALEMBAKIS  |  THURSDAY, 24 FEB 2022  |  NEWS
... bonds and social bonds. The fund will also use negative screening to exclude low ESG rated sectors, such as weapons, thermal coal, gambling and tobacco, and issuers considered to be breaching the UN Global Compact Principles. It will be managed by Alfred ...

Emerging HNW seek ESG, ethical investments: Praemium

RACHEL ALEMBAKIS  |  THURSDAY, 16 DEC 2021  |  NEWS
... categories: pornography, gaming, animal testing, armaments, alcohol, tobacco, and three categories in fossil fuels- thermal coal, oil sands, and oil and gas. These screens feed into Praemium's existing capabilities that permit customisation of portfolios. ...

Beyond the spin - what did COP26 actually deliver?

SIMON O'CONNOR  |  FRIDAY, 26 NOV 2021  |  NEWS
... power and phase out coal energy generation over coming decades. This, more than any other trend to date, places the thermal coal industry into terminal decline and comes in spite of the softening of the final Glasgow Climate Pact to commit to 'phasing ...

Fidelity International to invest $150bn in net zero strategies

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
... spots, so I need you to have a transition plan right now." Fidelity has also committed to phasing out exposure to the thermal coal sector in OECD countries by 2030 and by 2040 globally. This commitment is in line with the IEA's Net Zero 2050 recommendations ...