-
UK Shell pension fund threatened by ombudsman complaint
08 October 2018The £16 billion ($20.9 billion) Shell Contributory Pension Fund (SCPF) could see a complaint against it lodged with UK’s Pensions Ombudsman for not giving enough proof of how it manages climate-related risks in its investments.
-
People Moves: CalPERS, Sustainable Development Capital, IIRC, MSCI and Innergex
05 October 2018Jason Perez has joined California Public Employees' Retirement System's (CalPERS) board of administration, ousting ESG advocate Priya Mathur.
-
Stranded assets tool for real estate piloted
05 October 2018German asset manager Union Investment has helped develop a free-to-use stranded assets tool for commercial real estate.
-
AP1 and Arabesque to develop 'first of its kind' human rights risk score
04 October 2018Swedish buffer fund Första AP-fonden (AP1) is to plug into data from 'sustainability quant' firm Arabesque, and the companies will work together to devise a "first of its kind" human rights risk score.
-
Impax Asia fund 'set to benefit' from China's infrastructure drive
02 October 2018Impax Asset Management's Asia fund has shrugged off its recent underperformance of its benchmark, arguing that it is well positioned to benefit from China's increasing focus on domestic infrastructure investment as the trade war with the US ramps up.
-
$517 billion in rated debt exposed to immediate environmental credit risk, says Moody's
01 October 2018Unregulated utilities and power companies as well as coal mining and coal terminals—which have $517 billion in rated debt—have "very high" exposure to carbon regulation resulting in "immediate" environmental credit risk, said Moody's.
-
People Moves: Stockholm Sustainable Finance Centre, CalPERS and E3G
28 September 2018Magnus Billing, CEO of Sweden's pension fund Alecta, has been appointed as chair of Stockholm Sustainable Finance Centre's advisory board.
-
BMO starts examining companies' 'plastic footprints'
28 September 2018BMO Global Asset Management is working to introduce the concept of 'plastic footprints', similar to carbon footprints, to encourage companies to measure and disclose their plastic usage to investors.
-
BlackRock in public-private venture to mainstream 'climate infrastructure'
27 September 2018BlackRock, with $6.3 trillion assets under management, has joined a group of public and private sector funders in an initiative which seeks to mainstream 'climate infrastructure' in emerging markets.
-
Green bond round-up, 26 September 2018
26 September 2018The Asian Development Bank has issued a $750 million green bond – its first benchmark transaction denominated in USD since August last year.