Roundup Newswires

Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network

Australian Ethical offloads Lendlease shares over development threat to koala population

Posted on March 12, 2023 by Admin

The fund believes itself to be ‘one of the first’ in Australia to divest from a company over a concern for an endangered species

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One of Australia’s leading ethical investment managers says it has sold its shares in Lendlease over concerns a planned housing development in south-west Sydney threatens the survival of Sydney’s largest healthy koala population.

Australian Ethical has divested $11m in shareholdings in the property developer’s listed assets, saying Lendlease had failed to provide “critical information” about the width of planned koala corridors at stage two of its Gilead housing development.

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From solar power in Africa to UK tomatoes – the eco-schemes to turn your cash green

Posted on August 21, 2021 by Admin

Savings rates are low but some green investments can pay up to 8% interest a year

Environmentally conscious consumers fed up with low savings rates are being targeted by a variety of green investments paying up to 8% interest a year.

However, those thinking about signing up need to be prepared to accept some risk to their cash. This is a lot riskier than a bank or building society savings account.