More ESG news – Page 38
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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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NewsCreate clear transition taxonomies to support net zero efforts, rulemakers told
CFA Institute also recommends economic feasibility disclosures as part of transition plans, and WACI changes
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NewsIFRS committee confirms it will not tackle net zero accounting
The International Accounting Standards Board is expected to review the committee’s decision at its April meeting
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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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NewsGerman sustainable finance group calls for clearer engagement guidelines
There is ‘great potential for more active shareholder behaviour in Germany,’ says Silke Stremlau
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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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NewsEthos calls on asset managers to toughen stance on sustainability at AGMs
Asset managers’ votes on sustainability-related items on AGM agendas continue to diverge from the preferences of asset owners
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NewsAon launches ‘enhanced’ responsible investment solution
Consultancy says tool can help asset owners assess whether investment managers are delivering on their expectations
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NewsBrunel’s Ward warns against ‘demonising or misallocating capital’ amid Scope 3 push
‘Only operating with 20% of the necessary information is quite unnerving if you’re an investor ,’ says Brunel’s chief responsible investment officer
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NewsTPR first-ever trustee D&I survey to provide a baseline to measure progress
‘The majority of trustees recognise the importance of greater board inclusivity and diversity, although fewer than half of schemes have taken action to improve,’ says regulator
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NewsEIOPA presents pension fund investments’ alignment with EU green taxonomy
European supervisory authority published figures in ‘factsheet’ format
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NewsPensionsEurope ‘deplores’ undifferentiated EIOPA greenwashing approach
Industry body also said it fears EIOPA’s proposed stance could lead to greenhushing
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NewsCouncil approves EU due diligence rules
Agreement would lessen pressure on finance sector and change scope of law
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NewsSwisscanto applies Swiss Climate Scores, ASIP ESG reporting standards
The Swiss Climate Scores apply to funds, while ASIP ESG reproting standards to mandates
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NewsFolksam invests €222m in Stockholm climate adaptation bond
Municipal pension fund subsidiary KPA Pension takes up €89m of group’s investment in bond
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NewsFondo Pensione Intesa Sanpaolo ditches engagement policy
The scheme looks to strengthen its internal structure for engagement activities, which will come with additional costs to members
