{"id":23834,"date":"2020-01-17T08:56:49","date_gmt":"2020-01-16T22:26:49","guid":{"rendered":"https:\/\/www.aumanufacturing.com.au\/?p=23834"},"modified":"2021-01-14T13:42:45","modified_gmt":"2021-01-14T03:12:45","slug":"blackrock-sips-on-penfolds","status":"publish","type":"post","link":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds","title":{"rendered":"BlackRock sips on Penfolds"},"content":{"rendered":"<p>BlackRock, the mega funds manager which this week announced an exit from coal investments, has <a href=\"https:\/\/www.tweglobal.com\/-\/media\/Files\/Global\/ASX-Announcements\/2020\/2020-01-14--BlackGroup-Group--Form-604.ashx\">joined the share register<\/a> of the producer of the iconic Australian red wine Penfolds Grange.<\/p>\n<p>The company has bought 7.3 million shares worth $250 million in Australia&#8217;s leading wine producer Treasury Wine Estates (ASX: TWE) over recent weeks.<\/p>\n<p>The global funds manager now owns 7.22 per cent of the Barossa Valley company, which also produces the Lindeman&#8217;s, Wolf Blass, Seppelt and Wynns Coonawarra Estate wine brands.<\/p><div class=\"wooco-content\" id=\"wooco-1332940844\"><div style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"wooco-945382783\"><a data-no-instant=\"1\" href=\"https:\/\/page.spee3d.com\/download-spee3d-heavy-industry-whitepaper?utm_campaign=Au%20Manufacturing%20Lead%20Gen%202024&#038;utm_source=AuManufacturing_campaign_1\" class=\"adv-link\" aria-label=\"SPEE3D_BannerAds-468&#215;60\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2024\/02\/SPEE3D_BannerAds-468x60-1.png\" alt=\"\"  srcset=\"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2024\/02\/SPEE3D_BannerAds-468x60-1.png 468w, https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2024\/02\/SPEE3D_BannerAds-468x60-1-300x38.png 300w\" sizes=\"(max-width: 468px) 100vw, 468px\" width=\"468\" height=\"60\"  style=\"display: inline-block; max-width: 100%; height: auto;\" \/><\/a><\/div><\/div>\n<p>BlackRock stunned the investment world this week when it said it would divest its thermal coal investments, and threatened to dump company directors who fail to act on the financial risks posed by global warming.<\/p>\n<p>The ongoing bushfire catastrophe gripping Australia has already destroyed more than 1,500 hectares of prime Adelaide Hills vineyards.<\/p>\n<p>BlackRoack has stated that it is placing a premium of investments that demonstrate sustainability over time.<\/p><div class=\"wooco-in-content-after-par-6\" id=\"wooco-764725860\"><div style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"wooco-239067047\"><a data-no-instant=\"1\" href=\"https:\/\/www.sew-eurodrive.com.au\/home.html\" class=\"adv-link\" aria-label=\"Auman_Second ad within content_Quality, Service+Delivery\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2024\/03\/Auman_Second-ad-within-content_Quality-ServiceDelivery-e1713733941954.jpg\" alt=\"\"  width=\"468\" height=\"60\"  style=\"display: inline-block; max-width: 100%; height: auto;\" \/><\/a><\/div><\/div>\n<p>South Australia produces half Australia&#8217;s wine by volume and more than 80 per cent of the country&#8217;s premium, bottled wines.<\/p>\n<p>Picture: Penfolds<\/p>\n<p><strong>Subscribe to our free @AuManufacturing newsletter <a href=\"https:\/\/www.aumanufacturing.com.au\/subscribe\">here<\/a>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock, the mega funds manager which this week announced an exit from coal investments, has joined the share register of the producer of the iconic Australian red wine Penfolds Grange. The company has bought 7.3 million shares worth $250 million in Australia&#8217;s leading wine producer Treasury Wine Estates (ASX: TWE) over recent weeks. The global&hellip;<\/p>\n","protected":false},"author":4,"featured_media":23835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BlackRock sips on Penfolds - Australian Manufacturing Forum<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlackRock sips on Penfolds - Australian Manufacturing Forum\" \/>\n<meta property=\"og:description\" content=\"BlackRock, the mega funds manager which this week announced an exit from coal investments, has joined the share register of the producer of the iconic Australian red wine Penfolds Grange. The company has bought 7.3 million shares worth $250 million in Australia&#8217;s leading wine producer Treasury Wine Estates (ASX: TWE) over recent weeks. The global&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds\" \/>\n<meta property=\"og:site_name\" content=\"Australian Manufacturing Forum\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-16T22:26:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-14T03:12:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/01\/Capture-12.png\" \/>\n\t<meta property=\"og:image:width\" content=\"499\" \/>\n\t<meta property=\"og:image:height\" content=\"445\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Peter Roberts\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@PeterTRoberts\" \/>\n<meta name=\"twitter:site\" content=\"@PeterTRoberts\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Peter Roberts\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds\"},\"author\":{\"name\":\"Peter Roberts\",\"@id\":\"https:\/\/www.aumanufacturing.com.au\/#\/schema\/person\/f81da22ee06feac2bd128015512f1c1e\"},\"headline\":\"BlackRock sips on Penfolds\",\"datePublished\":\"2020-01-16T22:26:49+00:00\",\"dateModified\":\"2021-01-14T03:12:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds\"},\"wordCount\":178,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.aumanufacturing.com.au\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/01\/Capture-12.png\",\"articleSection\":[\"Manufacturing News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds\",\"url\":\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds\",\"name\":\"BlackRock sips on Penfolds - Australian Manufacturing Forum\",\"isPartOf\":{\"@id\":\"https:\/\/www.aumanufacturing.com.au\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/01\/Capture-12.png\",\"datePublished\":\"2020-01-16T22:26:49+00:00\",\"dateModified\":\"2021-01-14T03:12:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#primaryimage\",\"url\":\"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/01\/Capture-12.png\",\"contentUrl\":\"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/01\/Capture-12.png\",\"width\":499,\"height\":445},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.aumanufacturing.com.au\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BlackRock sips on Penfolds\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.aumanufacturing.com.au\/#website\",\"url\":\"https:\/\/www.aumanufacturing.com.au\/\",\"name\":\"Australian Manufacturing Forum\",\"description\":\"Powered by the Australian Manufacturing Forum\",\"publisher\":{\"@id\":\"https:\/\/www.aumanufacturing.com.au\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.aumanufacturing.com.au\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.aumanufacturing.com.au\/#organization\",\"name\":\"Australian Manufacturing Forum\",\"url\":\"https:\/\/www.aumanufacturing.com.au\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/www.aumanufacturing.com.au\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/07\/@auman-logo.png\",\"contentUrl\":\"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/07\/@auman-logo.png\",\"width\":73,\"height\":73,\"caption\":\"Australian Manufacturing Forum\"},\"image\":{\"@id\":\"https:\/\/www.aumanufacturing.com.au\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/PeterTRoberts\",\"https:\/\/www.linkedin.com\/company\/aumanufacturing\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.aumanufacturing.com.au\/#\/schema\/person\/f81da22ee06feac2bd128015512f1c1e\",\"name\":\"Peter Roberts\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/www.aumanufacturing.com.au\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2490305992ceb2cc459b4331fbfb19ce?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2490305992ceb2cc459b4331fbfb19ce?s=96&d=mm&r=g\",\"caption\":\"Peter Roberts\"},\"url\":\"https:\/\/www.aumanufacturing.com.au\/author\/peterr\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BlackRock sips on Penfolds - Australian Manufacturing Forum","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds","og_locale":"en_US","og_type":"article","og_title":"BlackRock sips on Penfolds - Australian Manufacturing Forum","og_description":"BlackRock, the mega funds manager which this week announced an exit from coal investments, has joined the share register of the producer of the iconic Australian red wine Penfolds Grange. The company has bought 7.3 million shares worth $250 million in Australia&#8217;s leading wine producer Treasury Wine Estates (ASX: TWE) over recent weeks. The global&hellip;","og_url":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds","og_site_name":"Australian Manufacturing Forum","article_published_time":"2020-01-16T22:26:49+00:00","article_modified_time":"2021-01-14T03:12:45+00:00","og_image":[{"width":499,"height":445,"url":"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/01\/Capture-12.png","type":"image\/png"}],"author":"Peter Roberts","twitter_card":"summary_large_image","twitter_creator":"@PeterTRoberts","twitter_site":"@PeterTRoberts","twitter_misc":{"Written by":"Peter Roberts","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#article","isPartOf":{"@id":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds"},"author":{"name":"Peter Roberts","@id":"https:\/\/www.aumanufacturing.com.au\/#\/schema\/person\/f81da22ee06feac2bd128015512f1c1e"},"headline":"BlackRock sips on Penfolds","datePublished":"2020-01-16T22:26:49+00:00","dateModified":"2021-01-14T03:12:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds"},"wordCount":178,"commentCount":0,"publisher":{"@id":"https:\/\/www.aumanufacturing.com.au\/#organization"},"image":{"@id":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#primaryimage"},"thumbnailUrl":"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/01\/Capture-12.png","articleSection":["Manufacturing News"],"inLanguage":"en-AU","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds","url":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds","name":"BlackRock sips on Penfolds - Australian Manufacturing Forum","isPartOf":{"@id":"https:\/\/www.aumanufacturing.com.au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#primaryimage"},"image":{"@id":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#primaryimage"},"thumbnailUrl":"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/01\/Capture-12.png","datePublished":"2020-01-16T22:26:49+00:00","dateModified":"2021-01-14T03:12:45+00:00","breadcrumb":{"@id":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#primaryimage","url":"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/01\/Capture-12.png","contentUrl":"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/01\/Capture-12.png","width":499,"height":445},{"@type":"BreadcrumbList","@id":"https:\/\/www.aumanufacturing.com.au\/blackrock-sips-on-penfolds#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.aumanufacturing.com.au\/"},{"@type":"ListItem","position":2,"name":"BlackRock sips on Penfolds"}]},{"@type":"WebSite","@id":"https:\/\/www.aumanufacturing.com.au\/#website","url":"https:\/\/www.aumanufacturing.com.au\/","name":"Australian Manufacturing Forum","description":"Powered by the Australian Manufacturing Forum","publisher":{"@id":"https:\/\/www.aumanufacturing.com.au\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.aumanufacturing.com.au\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/www.aumanufacturing.com.au\/#organization","name":"Australian Manufacturing Forum","url":"https:\/\/www.aumanufacturing.com.au\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.aumanufacturing.com.au\/#\/schema\/logo\/image\/","url":"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/07\/@auman-logo.png","contentUrl":"https:\/\/www.aumanufacturing.com.au\/wp-content\/uploads\/2020\/07\/@auman-logo.png","width":73,"height":73,"caption":"Australian Manufacturing Forum"},"image":{"@id":"https:\/\/www.aumanufacturing.com.au\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/PeterTRoberts","https:\/\/www.linkedin.com\/company\/aumanufacturing\/"]},{"@type":"Person","@id":"https:\/\/www.aumanufacturing.com.au\/#\/schema\/person\/f81da22ee06feac2bd128015512f1c1e","name":"Peter Roberts","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.aumanufacturing.com.au\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2490305992ceb2cc459b4331fbfb19ce?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2490305992ceb2cc459b4331fbfb19ce?s=96&d=mm&r=g","caption":"Peter Roberts"},"url":"https:\/\/www.aumanufacturing.com.au\/author\/peterr"}]}},"_links":{"self":[{"href":"https:\/\/www.aumanufacturing.com.au\/wp-json\/wp\/v2\/posts\/23834"}],"collection":[{"href":"https:\/\/www.aumanufacturing.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aumanufacturing.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aumanufacturing.com.au\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aumanufacturing.com.au\/wp-json\/wp\/v2\/comments?post=23834"}],"version-history":[{"count":0,"href":"https:\/\/www.aumanufacturing.com.au\/wp-json\/wp\/v2\/posts\/23834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.aumanufacturing.com.au\/wp-json\/wp\/v2\/media\/23835"}],"wp:attachment":[{"href":"https:\/\/www.aumanufacturing.com.au\/wp-json\/wp\/v2\/media?parent=23834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aumanufacturing.com.au\/wp-json\/wp\/v2\/categories?post=23834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aumanufacturing.com.au\/wp-json\/wp\/v2\/tags?post=23834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}