ASCOR to assess countries based on contribution to $100bn climate finance goal
A first-of-its-kind free tool to help bond investors assess countries' climate progress has been launched that will see investors rate sovereigns on factors including their contribution to the problem and the finance they commit to address it, following changes to its draft methodology.
UK prime minister under fire from industry for weakening climate policies
UK prime minister Rishi Sunak announced he would delay a ban on the sales of new petrol and diesel cars and the phasing out of gas boilers, drawing a wave of criticism from investors and corporates who say the move harms plans for the transition.
Church of England Pensions Board leaves NZAOA
The Church of England Pensions Board has left the UN-convened Net-Zero Asset Owner Alliance (NZAOA), citing the need to maintain "a clear focus on one net zero initiative".
Church of England to support Toyota lobbying resolution
The Church of England Pensions Board (COEPB) is to take action at Toyota's upcoming AGM over concerns its lobbying "may be undermining the goals of the Paris Agreement".
Four years after Brumadinho - investor mining commission launches
Investors have launched a commission to raise sustainability standards in the mining sector, four years after the Brumadinho mining disaster, which killed 270 people.
Pension funds urged to target at-risk emerging markets to support a 'just transition'
The Church of England Pensions Board has urged pension funds to take a more nuanced approach to investing in emerging markets to support a socially just climate transition, including by prioritising countries which are most at risk from physical climate impacts.
Church of England Pensions Board taking legal proceedings against Volkswagen
Church of England Pensions Board has announced it is taking legal proceedings against Volkswagen AG for refusing to reveal information on its climate lobbying activities.
UK pension schemes' social dilemma
The UK government is setting up a taskforce for social factors in pension fund investing. Michael Hurley asks what impact it could have