Archive

People Moves: Lazard Asset Management, BlackRock, Pensions Infrastructure Platform, PGGM, Carbon Market Institute and St. James's Place

$32trn group of investors demand greater government climate action

Investors with a combined $32 trillion in assets have demanded governments increase action to tackle climate change.

Setting a European benchmark

The European Commission's bold proposals to reform benchmark regulation are designed to increase the flow of green finance and reduce the risk of 'greenwashing'. Michael Hurley asks why change is required

Majority of world’s largest pension funds neglect climate risk, says AODP

Nearly two thirds of the world’s largest pension funds have little or no disclosed strategy on climate change, potentially putting them at risk of breaching their fiduciary duty to savers, according to a study by the Asset Owners Disclosure Project (AODP).

Private sector lagging on climate disclosure, report claims

Private sector asset owners tend to be less prepared than their public sector counterparts to make voluntary public statements and disclosures related to climate change, a report has claimed.

Report claiming fossil fuel divestment would cost pension funds billions branded 'misleading'

A report commissioned by the petroleum industry that claims US pension funds would stand to lose billions of dollars in returns if they fully divested fossil fuel stocks has been branded “particularly misleading”.

People Moves: New York State Common Retirement Fund, 2° Investing Initiative, MSCI and ClimateWise

Anastasia Titarchuk has been announced as interim CIO of the New York State Common Retirement Fund, replacing Vicki Fuller who will retire next week after six years of service.

Climate Action 100+ expands its reach and attracts new backers

An additional 61 companies have been added to Climate Action 100+ list, increasing the reach of the investor-backed initiative that aims to engage with "systemically important greenhouse gas emitters".

50 names to be added to Climate Action 100+ engagement hit list

50 more corporates are to be added to the $28 trillion Climate Action 100+ initiative's list of targets for climate-related engagement.

New York State pension fund commits extra $2bn to low-carbon index

The $203 billion New York State Common pension fund has doubled its exposure to its own low-carbon index to $4 billion.