More ESG news – Page 34
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NewsISSB to issue feedback statement, urged to tread carefully on human rights
The ISSB will prioritise support for jurisdictions applying International Financial Reporting Standard S1 and IFRS S2
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NewsShareholders give green light to Shell’s diluted climate plan
Its decarbonisation strategy secured 78.2% support at a vote, despite vocal opposition from some asset owners
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NewsPKBS drops ExxonMobil, Chevron, Glencore following oil and gas expansion deals
The pension fund has decided to implement an ESG index for investments in Swiss equities
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NewsInstitutions call for adoption of ISSB-based disclosure rules by 2025
Other asset owners calling for a speedy adoption of the standards include the UN Joint Staff Pension Fund, Now:Pensions, Allianz and North East Scotland Pension Fund
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News‘Most investors plan to allocate to companies with climate plans by 2026’
Investors are allocating more funds to general climate strategies, rather than those focused specifically on ‘transitioning’ companies, according to Robeco
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NewsPensionskasse Post lays out first comprehensive sustainability strategy
All companies in the scheme’s listed equity and corporate bonds portfolios will have to make a commitment to net zero with credible interim targets and verified by 2040
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NewsIIGCC urges next UK government to foster competitive economy
IIGCC is proposing five core policy solutions and warns the UK risks losing its status as climate leader
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NewsESMA’s latest guidance expected to improve transparency, says Eurosif
The forum is urging the European Commission to adopt ESMA’s recommendations to modify the SFDR Regulatory Technical Standards published in December 2023
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NewsGeneration IM, LSEG and HSBC to advise UK on adoption of ISSB standards
The UK Sustainability Disclosure Technical Advisory Committee will help the Department for Business and Trade develop a ‘UK-endorsed’ version of the ISSB standards by Q1 2025
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NewsSwedish pension funds push Tesla AGM to adopt workers’ rights
AMF to back AGM proposal filed by Folksam and others, and takes aim at Apple’s worker rights behaviour too
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NewsIIGCC preps expansion of ‘beyond Climate Action 100+’ engagement initiative
Investor signatories of the Net Zero Engagement Initiative have until 31 May to have their say on the company focus list and engagement strategy for the initiative’s second year
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NewsESMA publishes final guidance on ESG fund names
In the final guidelines, funds are required to have 80% of their assets allocated to investments aligned with the sustainability objectives of the EU’s SFDR
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NewsBosch Pensionsfonds shifts to new governance model
The aim of the new governance structure is to reinforce the strategic and operational management of the pension fund, says CEO Dirk Jargstorff
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NewsNorwegian oil fund drops $400m of stocks on war-linked grounds
NBIM follows advice from its Council on Ethics, and banishes L3Harris, Adani unit and Weichai Power, divesting nearly $400m
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NewsUK’s leadership in sustainable finance under threat, says UKSIF
A new UKSIF report shows that more favourable policies could see up to £100bn AUM shifting towards sustainable finance
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NewsAkademiker says its labour-market DNA drives effort to change Amazon
Danish pension fund behind joint proposal challenging US retail giant’s behaviour on organised labour
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NewsKPA Pension, Folksam, invest in early-stage climate solutions firms
Swedish pensions and insurance group puts €45m into oversubscribed Norrsken Venture Capital Fund II
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NewsCEPB warns asset owners of long-term risks of mining giant’s potential takeover
Adam Matthews at CEPB is not convinced that a potential takeover of Anglo American by BHP ‘will serve our long-term interests as a pension fund’
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NewsSAUL is first UK scheme to adopt pass-through voting across DC, DB plans
The move strengthens the £3bn University of London’s stewardship powers which is particularly focused on voting for resolutions at the Climate Action 100+ companies
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NewsIASB releases final ruling on green transition accounting teaser
While companies are making generous statements about their net zero commitments in public, they are failing to account for the cost of those pledges
