All divestment articles – Page 2
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NewsStorebrand dumps four mining stocks in new nature protection drive
Biodiversity crisis requires collaboration with governments, companies and finance, plus better regulations and reporting, says asset management arm’s CEO
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Special ReportProspects 2023: ESG-driven divestments threaten energy transition
Investor support for miners is crucial to ensure a sufficient supply of metals for renewable technology
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Special ReportSpecial Report – Prospects 2023
The past year will be remembered as one of the most challenging for institutional investors ever. The outlook for 2023 is brighter, if anything because valuations of major asset classes have come back to historical levels.
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NewsDanish teachers’ pension fund to shed €269m of fossil equities
Lærernes Pension tightens criteria for fossil fuel exclusions, after setting 2050 net-zero goal in June
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NewsPFZW sells €470m worth of investments in 114 oil and gas companies
The companies that were sold had failed to formulate goals to reduce carbon emissions
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NewsMSCI net zero guide for asset owners recommends ‘good understanding of climate science’
Guide aims to provide roadmap by referencing both climate science and frameworks designed to enable asset owners to put climate ambition into practice
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NewsGFANZ outlines phaseout of high-emitting assets as net-zero approach
… as UN-backed Race to Zero campaign ‘throws down the gaunlet’ on fossil fuel exit
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NewsPFZW sells 24 companies over ESG failures
The announcement is part of a new transparency drive by the Dutch healthcare scheme
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NewsIrcantec exits dozen companies as new climate policy kicks in
Divested companies include Anglo American, BP, Mitsubishi, and Repsol
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NewsESG roundup: EC seeks applicants for emerging economies HLEG
Plus: UK pension investors back Living Wage employer resolution; Scottish Widows announces £1.5bn divestments over updated exclusion policy; MainStreet launches ‘ESGeverything.com’ fintech platform
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NewsMajor investors see need for portfolio construction rethink – survey
Nuveen and Robeco publish results of institutional investor surveys
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NewsNorway’s SWF submits plan to divest zero-value Russian assets ‘over time’
NBIM proposes adjustments to GPFG’s mandate to reflect the removal of Russia from fund’s investment universe – but does not disclose details
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NewsNBIM criticises OECD’s draft climate risk tool for its divestment focus
SWF manager says dual objective of RBC and shift of capital in green direction creates confusion
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NewsDutch schemes react to Ukraine war
While a growing list of pension funds have announced their intention to divest from Russia, a large number of funds has kept silent about the conflict
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NewsSwiss pension funds deal with prospect of undervalued Russian assets
Several Swiss pension schemes – which have small exposures to Russian assets – are examining how to proceed
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NewsAP7, PFZW join list of pension funds stating Russia divestment intent
Trading environment may mean divestment decisions are largely theoretical for the time being
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NewsNorway SWF’s NOK27bn Russia assets lose 90% of value, may become worthless
GPFG nurses 6.1% loss so far this year, as NBIM leadership emphasises uncertain outlook in news conference
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NewsABP next Dutch fund to announce intention to divest Russian assets
Dutch pension schemes had a €5bn total exposure to Russia at the end of last year
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NewsPension schemes move to sell Russian assets amid trading obstacles
UK’s USS, NEST and BTPS, in addition to Publica in Switzerland and Bpf Bouw in the Netherlands have all decided to divest from Russian assets
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NewsNorway’s SWF given fortnight to come up with Russia exit plan
Finance minister warns NOK30bn divestment could take some time, given Russia’s ban on equity sales
