fossil fuels

Superannuation

Super funds investing at least $25bn in fossil fuel expansion

New analysis has found the 15 largest funds are collectively investing at least $25 billion into opening new coal, oil, and gas projects despite commitments to tackling c...

Funds management

BHP/Woodside merger against ESG principles

The potential merger of BHP and Woodside’s oil and gas divisions would create Australia’s largest energy manager but a focus on fossil fuels is out of touch with global E...

Funds management

Australia bucks fossil fuel exclusion trend

Global indices which exclude fossil fuels have outperformed those which include them but this is not the case for Australia thanks to companies such as Whitehaven Coal se...

Funds management

Robeco moves to exclude fossil investments

Robeco will extend its exclusion of investments in fossil fuels to all funds, not just its sustainable range, with the aim to divest completely by Q4....

Funds management

The lone fund standing by Whitehaven Coal

The ongoing debate over fossil fuels and climate change is having a drastic impact on Whitehaven Coal as its share price tumbles below $1 but one fund remains a loyal hol...

Funds management

Bleak future for oil as investors fear ESG concerns

Oil will be ‘the paraffin’ of the future, according to Ninety One strategist Michael Power, as investors abandon investing in the sector over environmental, social and go...

Funds management

Westpac to exit thermal coal by 2030

The bank aims to provide $3.5 billion of new lending to climate change solutions over the next three years. ...