Archive

NY fund files ESG shareholder proposal with Twitter

The trustee of the New York State Common Retirement Fund has filed shareholder proposals at eight companies including Twitter requesting they disclose political spending.

NYC pension funds divest $3bn of fossil fuel assets

NY fund invests $2bn in FTSE TPI climate index

The New York State Common Retirement Fund will invest $2 billion in a FTSE Russell and Transition Pathway Initiative (TPI) index focused on the transition to a low-carbon economy.

NYC pension funds pledge $37bn for climate solutions as they go net-zero

Three New York City pension funds have committed to reaching net-zero greenhouse gas emissions across their portfolios by 2040...

27 of 29 NZAOA members fulfil commitments in time

27 out of 29 members of the Net Zero Asset Owners Alliance (NZAOA) that joined early have fulfilled all the decarbonisation target-setting requirements...

New York State pension fund targets shale firms amid further coal investment exits

The $255 billion New York State Common Retirement Fund is evaluating whether to restrict investment in 42 shale oil and gas companies, making the announcement alongside its exit from five more coal firms.

Investors give ExxonMobil, Chevron bloody nose over climate policies

US oil supermajors ExxonMobil and Chevron faced a significant investor revolt over their climate policies after a number of shareholder resolutions received majority support at their annual general meetings.

ExxonMobil faces mounting investor pressure on climate action

US oil major ExxonMobil is facing growing pressure from major investors over its response to climate change ahead of its annual general meeting later this month, including from Legal & General Investment Management (LGIM) and the California Public Employees' Retirement System (CalPERS).

News round-up: Axa, Macquarie, NY State Retirement Fund, Ambienta

News Round Up: NY State Retirement Fund, Ambienta