Climate change – Page 23
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NewsAsset owners launch pilot for sovereign climate engagement
NZAOA also expands work on private markets in new target-setting rules
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NewsShell calls on investors to reject climate resolution from European pension funds
Follow This calls on responsible investors to ‘side with their peers’ instead of the board of Shell
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NewsClean Energy Financing Ratio set to be key theme this AGM season
MSCI found that nearly 60% of listed companies are disclosing their Scope 1 and 2 emissions, an increase of 16 percentage points in two years
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NewsSweden’s AP4 eyes biomaterials investment following green analysis
Buffer fund says still focused on wind and solar power, but has also identified ‘interesting areas to monitor going forward’
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NewsCEPB to back clean energy financing metric requests at bank AGMs
The pension fund’s decision comes at a time when the climate ambitions of the banking sector have been deemed insufficiently ambitious
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NewsEthos finds shortfalls in Nestlé’s sustainability report
The company is failing to disclose sufficient detail in particular on Scope 3 emissions
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NewsItaly’s pension funds association defines first proxy voting guidelines
A working group established within Assofondipensione monitors how effective are the voting policy and the guidelines
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NewsPRI publishes guide on nature for asset owners
The guide aims to align investor action with the goals and targets of the Kunming-Montreal Global Biodiversity Framework
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NewsKenfo to step up focus on managers’ climate credentials
Aegon and Phoenix among those calling for voting and engagement to have closer link with investment decisions
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NewsStudy links climate risk with higher sovereign default rates
ICE assessed the physical risk faced by 200+ issuers and found link with default rate
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NewsOil and gas industry ‘alarmingly underprepared’ for climate transition
Research shows failure to align with goals of the Paris Agreement as investors increasingly give up on sector
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NewsIndustriens Pension weaves climate index into foreign equities benchmark
Danish pension fund makes MSCI Climate Action Index 25% of the benchmark for its €8bn overseas equities portfolio
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NewsEU urged to make Green Bond Standard mandatory as ESMA consults on reviewer rules
Commission pushes back on claims it has not done enough to promote transition
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NewsBad climate, nature scenarios risk being ‘an expensive waste of time’ for investors
Simon Zadek’s remarks come as TNFD promises to learn from the mistakes of climate scenarios
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NewsIIGCC repositions portfolio decarbonisation target as objective in framework update
An update to the sovereign bond guidance, which has evolved with the advent of improving analysis tools and stewardship practices, has also been made
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NewsPME sells 112 companies for ESG reasons
The €54.6bn pension fund for the Dutch technology industry sold over €800m in shares as it adopted a new ESG screening policy
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NewsRobeco’s sustainability head calls out ‘inherent contradiction’ in US managers leaving CA100+
Carola van Lamoen accused investors of ‘doubling down on transition finance, seemingly as an alternative to engaging on real-world emissions reductions’
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NewsUK government encouraged to create chief secretary for natural capital
Natural capital committee raised concerns about the potential conflicts between renewable energy development and biodiversity conservation
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NewsForecasting body alerts investors to nature, land use policy momentum
‘Material and credible’ policy announcements on nature and land use doubled over the last 12 months, says Inevitable Policy Response
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NewsSwitzerland sees uptick of pension funds decarbonising portfolios
However, only 1% of Swiss pension assets are invested to have a positive impact on society, the environment and the climate, research finds
