Archive

$42bn Australian pension fund settles climate court case

The AUD60 billion ($42 billion) Retail Employees Superannuation Trust (REST) pension fund has settled a court case brought against it by a member over its handling of climate change risk, which could spark further legal climate challenges at pension fund managers.

Hong Kong proposes mandatory climate disclosure for funds

Hong Kong's Securities and Futures Commission (SFC) has proposed that managers of collective investment schemes should be required to disclose how they manage climate risks.

News round-up: REST settles climate case, Solarcentury acquired, Equinor net-zero pledge ... and more

Regnan launches Impact Solutions Fund

Regnan and JO Hambro Capital Management have jointly launched a listed equity impact fund targeting themes including the circular economy and financial inclusion.

Guernsey to introduce green capital charges for life re/insurers

The proposal has received mixed responses from stakeholders fearful of a greenwashing exercise and the possible limited impact of the initiative. Vincent Huck speaks to the local regulator and industry stakeholders

Aligning with the Paris Agreement: An Index Approach

Institutional investors are under pressure to align their strategies with a maximum global temperature increase of 1.5 degrees C targeted by the Paris Agreement. We examine how they can approach this while respecting other investment constraints.

TCFD eyes new forward-looking metrics

The Task Force on Climate-related Financial Disclosures (TCFD) is studying the feasibility of recommending 'forward-looking' climate metrics, in what could result in a significant overhaul of sustainability reporting.

People Moves 30 October: Deutsche Bank, PGGM, Canada Infrastructure Bank, Rincon

Deutsche Bank makes appointment to ESG team in Asia

News Round Up: Sustainable fund assets surge, renewables 'unattractive', KKR India push

Sustainable fund assets surge a fifth in the third quarter

Investors turn to engagement, best-in-class firms to counter greenwashing

The majority of institutional investors are turning to active engagement and 'best-in-class' positive selection as key investment approaches to integrate sustainability and counter 'greenwashing,' according to a survey by Schroders Investment Management.