More ESG news – Page 4
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NewsTrustees urged to upskill as pension funds embrace private markets
‘Private market allocations have nearly tripled across UK pension schemes since 2019’, says Pensions Management Institute guide
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NewsUK regulator launches consultation on ESG rating rules
FCA’s proposed regime includes minimum public transparency requirements and top-up disclosures for direct users
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NewsNon-sustainability funds expected to dominate EU market after SFDR overhaul
Morningstar suggests SFDR overhaul will sharply reduce sustainability-labelled funds, with Article 6 products set to dominate the EU market
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NewsLocal authority forum calls for BP to show ‘genuine’ capital spending discipline
UK-based Local Authority Pension Fund Forum urges oil giant to justify increased exploration and capex amid warnings its future projects are increasingly uncompetitive
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NewsWhat do the SFDR proposals mean for pension funds?
There is uncertainty about what pension funds will be allowed to say externally about sustainability-related investment strategies
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NewsCOP30: Final text limp on fossil fuels, own initiative processes announced
The Belém Package comprises 29 decisions approved by consensus of 195 countries, but not on the fate of fossil fuels
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NewsXPS Group downgrades asset managers over weak climate pledges
Consultancy said asset managers should have clear firm-level targets to manage climate change “as a systemic issue”
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NewsCoal: New reports explore retirement pipeline, flexible operation
Investors could consider investing in repurposing coal plants for flexibility, but only if robust guardrails are in place, says Coal Transition Commission
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NewsUKSIF warns climate risk, net-zero are missing from UK pension review
UKSIF chief James Alexander urges the UK Pensions Commission to put climate risk and net zero transition at the centre of its review of the UK pensions system
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NewsEuropean Commission publishes official plans for updated SFDR
Transition and impact categories in, adverse impact and taxonomy reporting loosened as regime set to move to a labelling framework
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NewsAegon UK workplace default fund hits £1bn in long-term asset funds
Aegon confirmed that plans are in place to increase LTAF allocations within its default fund, aiming for a combined 17% target allocation by 2028
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NewsAsset owners to step up net-zero engagement with private markets
Just 7% of NZAOA members’ climate solutions allocations are in private assets, according to update from the Alliance
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NewsDiversity Project seeks new name amid rising DEI backlash
Baroness Helena Morrissey, chair of the Diversity Project, says ‘It’s time to reframe and depoliticise the discussion and to reclaim our original intention’
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NewsEU Omnibus: far-right helps vote through changes to sustainability laws in Parliament
Parliament will demand aggressive reductions to CSRD and CS3D during upcoming negotiations to revise the two laws through a so-called ‘Omnibus I’ package
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NewsUK asset manager body asks for more tailored rationales for exec pay
But overall flexible approach is working well, says Investment Association
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NewsInvestors that back away from net zero could be ‘seen as negligent’
Net Zero Asset Owner Alliance also argues that mandates must not be ‘overly prescriptive’ on climate
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NewsMSCI: Extreme heat and rainfall biggest climate risks for pension funds
Research found that around a quarter of companies’ assets are concentrated in high-hazard zones, with a relatively high risk of being affected by extreme weather events
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NewsICMA launches transition bond label
Association previously said it wouldn’t develop label for transition bonds because they rely on narrative strategies that make it harder to standardise
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NewsNorway unveils temporary ethical rules for SWF, sets up panel to revamp code
Stoltenberg: ‘We must find a balance between the principles the fund is meant to uphold’
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NewsResponsible investors to develop rules for investing in defence
‘Responsible investment principles still need to apply’ in defence investing, says Dan Neale of Church Commissioners, one of the architects of the new principles
