June 2011
Cover Story
June 2011
01/10/2008
ESG inaction: Who voted in Australia's first climate-change resolution, and why
Australia's first -ever shareholder vote on climat e change, put to Woodsi de Petroleum in April, provided superannuation funds with a prime opportunity to support the sustainability principles that many of them have espoused for years. But at this first hurdle, many crashed and burned, prompting the question: how seriously are funds pursuing sustainability through their investments? PHILIPPA YELLAND reports.
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Unintentional
Australia’s sovereign wealth fund has added an active equity strategy from a local boutique manager to its emerging markets allocation and dropped one of its existing providers after signaling it had identified "inefficiencies" in the space.
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