Australian pension fund to exit coal amid climate announcements
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.
First State Super contracts Hermes EOS
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
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.
Investors support plea for integrated corporate reporting
A group of leading investors, with nearly $2 trillion in assets under management, is calling for companies to integrate their reporting of financial and non-financial data.
Renewables fund secures investment from Australia's green bank
A fund that aims to help attract institutional investment in Australian renewable energy has secured a "cornerstone" equity investment from the Clean Energy Finance Corporation (CEFC) – the country's green bank.