$9.5trn group of asset owners calls for 'smarter not more' engagement on climate
A $9.5 trillion group of asset owners has urged their asset managers to set clearer objectives for climate engagement with their investees, as one member called for a 'smarter not harder' approach.
The Future of ESG Data conference: ISSB 'will help transform Wild West ESG data market'
The work of the International Sustainability Standards Board (ISSB) will help transform the Wild West of ESG data, a panel exploring potential game changers for the market heard.
The Future of ESG Data conference: ESG rating regulation must not 'prescribe what to provide to the market'
Forthcoming regulation of ESG rating providers must not dictate what they should provide to the market, an Environmental Finance conference heard.
Unlisted renewables to get boost from UK pensions initiative, Aegon says
Renewable energy investments are likely to be the target of UK pension funds seeking to up the proportion of their investments in unlisted equities, according to the CIO of Aegon.
UK pensions reforms to unlock billions for climate investments, CIOs say
Nine of the UK's largest pension schemes have signed up to a voluntary initiative to boost investment in unlisted equities, which CIOs have said could catalyse big investments in areas including climate-related technologies.
Aegon defends ESRS materiality assessments
Aegon has defended the proposed introduction of a requirement for companies to assess for themselves which sustainability-related information they must disclose under EU rules.
A stewardship code for the EU?
Regulation will boost fund naming consistency and disclosures but more work is needed to ensure EU rules impact the real economy, speakers told a webinar hosted by Environmental Finance. Michael Hurley reports
£9.2bn flagship BlackRock pension strategy adopts climate target
BlackRock has announced that its flagship £9.2 billion ($11.2 billion) default pension strategy in the UK has adopted a formal environmental, social and governance (ESG)-focused investment policy, including a specific emissions target.
Binary views on double materiality 'unhelpful', says FCA
Discussions of double materiality as binary are 'unhelpful', a senior executive at the UK's Financial Conduct Authority (FCA) has said.