• Ground-breaking PRI sovereign investor engagement initiative expands

    24 May 2023

    More investors have been asked to join a ground-breaking collaborative fixed income investor engagement initiative for sovereign issuers coordinated by the UN Principles for Responsible Investment (PRI).

  • HESTA: Divestment remains last resort for four climate 'watchlist' firms

    09 September 2022

    HESTA said divestment on climate grounds from four energy firms it has warned of intensified engagement is its option of last resort - but remains possible if their response to engagement is "insufficient".

  • HESTA warns four energy firms of potential climate-related divestment

    06 September 2022

    HESTA has warned four energy firms they face heightened scrutiny and potential divestment due to their lacklustre decarbonisation strategies, as the Australian pension fund announced a strengthened 2030 decarbonisation target.

  • Australia's AGL Energy ditches coal demerger

    31 May 2022
  • News round-up: S&P, Barclays, EU taxonomy and more

    26 April 2021
  • HESTA makes A$20m impact investment

    07 December 2020

    Australian superannuation HESTA has invested A$20 million ($15 million) in a A$100 million issuance of shares by healthcare mutual company Australian Unity.

  • Australian pension fund to exit coal amid climate announcements

    10 July 2020

    Australian pension fund First State Super has outlined a number of climate change actions and targets, including exiting thermal coal, as it urged other Australian pension funds to do the same.

  • $36bn Australian pension fund divests from coal in net zero target

    26 June 2020

    The A$52 billion ($36 billion) pension fund HESTA is to cease all investments in thermal coal, and will offload all fossil fuels over the next decade to meet a net zero emissions target by 2050.

  • First State Super contracts Hermes EOS

    16 August 2018

    One of Australia's largest pension funds, First State Super, has selected Hermes Equity Ownership Services (EOS) to provide engagement services in overseas markets.

  • Investors round on Rio Tinto's funding of fossil fuel lobby groups

    27 April 2018

    Rio Tinto will face mounting pressure at its annual general meeting (AGM) as investors with a combined £1.8 trillion ($2.5 trillion) take aim at its policy on funding lobby groups that obstruct action to combat climate change.