More ESG news – Page 26
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NewsPensions investors nudge FTSE 100 companies to hold climate strategy vote
LAPFF and CCLA wrote to chairs of 76 FTSE 100 companies that have not held a vote on their climate transition plans
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NewsAsset owners urge managers to rethink sustainability to avoid emerging market divestment
By 2050, six of the seven largest economies in the world are projected to be emerging markets and developing economies, says WBA
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NewsSustainable Finance-Beirat urges schemes to improve ESG, engagement strategies
Chair Silke Stremlau says it makes economic and ecological sense to include risks such as climate change, biodiversity loss and scarcity of resources in active investment strategies
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NewsLGPS fund buys stake in nature asset manager
West Yorkshire Pension Fund becomes significant minority owner of Rebalance Earth, taking a 25% stake
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NewsLPFA appoints Minerva to help strengthen its stewardship role
Minerva will develop a bespoke voting policy for LPFA that aligns with the fund’s net zero objectives and targets
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NewsNorwegian SWF dumps €705m General Dynamics stock in new blacklisting
NBIM announces €1bn of exclusions from its investment universe, in latest batch of companies falling foul of the GPFG’s ethical guidelines
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NewsMajor investors urge companies to tackle nature-related inaction
Swedbank Robur Fonder AB, BVK, P+ and Velliv are among the 26 institutions signing a statement issued by the World Benchmarking Alliance
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NewsAFM president urges Dutch funds to base ESG policies on member preferences
Currently, Dutch pension schemes are not required to ask their members about their sustainability preferences
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NewsIIGCC finalises materiality-based Scope 3 guidance for investors
Guidance recommends investors approach scope 3 with materiality and transparency in mind, and be cautious about aggregation
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NewsPKSF invests CHF2bn in sustainable funds, appointing manager trio
Swisscanto, Lombard Odier Investment Management and UBS Asset Management were awarded the mandates
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NewsProsecutor probes 10 counts of corruption in Alecta/Heimstaden Bostad case
Swedish pensions giant says it has not yet been part of the prosecutor’s corruption investigation, or received information about it
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NewsDenmark’s PKA quits Net-Zero Asset Owner Alliance
Pension fund manager says it decided to focus on IIGCC instead, ‘maximising the impact of our resources and efforts’ on climate and biodiversity
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NewsNational Grid Pension Scheme outsources executive services to LCP
The appointment comes after the scheme’s CEO Chris Hogg announced he was stepping down this summer
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NewsInvestors target banks over deforestation, policymakers over AMR
Investors have formulated asks of banks and policymakers in initiatives seeking to drive progress on deforestation and antimicrobial resistance
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NewsAP4 to integrate Scope 3 emissions into investment decisions
The fund is tackling the controversial area as part of its commitment to halve the emissions of its investments by the end of the decade
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NewsInvestors encouraged to push proxy advisers on climate issues
Investor group statement comes a year after the group urged the Institutional Shareholder Services (ISS) to step up on climate proxy voting advice.
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NewsThe tug-of-war continues over the EU’s green taxonomy
ESMA wants the framework to be a reference for all sustainable finance regulation, but insurers and government advisers are fighting to pare it down
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NewsRobeco launches three forward-looking climate indices
Asset manager aims to respond to investor appetite for ‘increasingly seeking sophisticated climate indices’
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NewsGlobal sustainable finance market ‘changing for the better’, says ING
New guidelines for sustainability-linked debt could encourage more issuance, while credibility of issuance has become increasingly important
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NewsESG innovation, AI use among top index-related investor demands, finds survey
Index Industry Association’s research shines light on challenges being faced by asset managers and their index providers
