Climate change – Page 20
-
NewsBorder to Coast strengthens responsible investment policy
Voting is ‘essential’ to managing climate risk and an important means of influencing company targets and policies, says RI head
-
NewsAkademiker and LD Pensions challenge DSV on human rights
Danish pension fund duo make AGM proposal asking transport firm to broaden reporting on human rights risks
-
NewsClimate Action 100+ reacts to US asset manager exits
Body publishes statement and letter to signatories to point to consistency within its approach and with fiduciary duties
-
NewsOxford says carbon offsets are not helping net zero as it updates guidance
‘Trust in the concept of ‘offsetting’ has been so badly damaged that some organisations are moving away from using the term at all,’ says University
-
NewsAP Pension appoints EOS Federated Hermes for stewardship services
Focus of stewardship will primarily be on climate and biodiversity issues
-
NewsTPR urges pension trustees to take note of transition plan recommendations
TPR climate and sustainability lead says UK TPT recommendations can help advisers put together transition plans
-
AnalysisEuropean disappointment as US strife shows up in manager CA100+ exits
Repercussions for mandates may be limited but beware any European asset manager thinking about treading the same path
-
NewsMajority of UK pension providers found to have ‘inadequate’ or ‘poor’ climate plans
UK pension providers are ‘failing to implement ambitious, science-based climate plans’, according to report from Make My Money Matter
-
NewsKENFO underweights oil and gas holdings
It will not provide new financing for infrastructure assets in the oil and gas sector that are not in line with NZAOA targets
-
NewsIIGCC unveils new corporate climate target assessment tool
New metric aims to highlight any misalignment between company emissions pathway and the climate benchmark
-
AnalysisTPR to be lobbied after new fiduciary duty, climate report
it is crucial that TPR adds the report’s key messages to its official guidelines, says Maria Nazarova-Doyle
-
NewsFollow This, Arjuna Capital ask court to throw out Exxon’s lawsuit against them
Shareholders argue there is no subject matter jurisdiction for oil and gas major’s compliant to proceed
-
NewsFrench regulator publishes transition plan guide for companies
AMF says transition plans under the CSRD ‘hold great significance for investors and stakeholders’
-
NewsMirova creates new DFI-focussed role to boost impact financing in EM
Sébastien Duquet has been with Mirova since 2022 following the acquisition of Mirova SunFunder, a specialist in climate investment in emerging countries
-
NewsSwiss PACTA to look at financial institutions’ climate impact
This year’s test also covers real estate and mortgages, as well as implantation of regulatory requirements
-
NewsStudy reveals impact of index provider engagement on corporate climate policy
‘Our results show that firms react to index provider requests, at least if they commit a credible threat of exit,’ say MIT sustainable finance experts
-
Opinion PiecesViewpoint: Investor climate scenarios need to be probability-aware
Riccardo Rebonato, of EDHEC-Risk Climate Impact Institute, argues that climate scenarios need to come with probabilities if they are to be useful for investors
-
NewsNBIM’s divestment decisions yield NOK10bn returns
‘There is still a way to go before we reach our goal of net zero targets and transition plans for all the companies in the portfolio,’ says Carine Smith Ihenacho
-
NewsInvestors withdraw AGM climate proposal, Exxon sticks with lawsuit
Exxon considers there are ‘important issues to resolve’
-
NewsFrance’s ERAFP includes debt refusal in tighter fossil fuel policy
Pension fund also tightens thresholds for thermal coal, unconventional oil & gas
