$2.7trn BlackRock proxy voting move 'game-changing' for industry
BlackRock will offer institutional clients expanded proxy voting options across its index business in the "first step" from the asset manager...
$14trn investor group pushes for AGM vote on 'net zero' claims
A group of 53 investors with a combined $14 trillion of assets under management has called for new climate-related corporate governance measures, including an annual general meeting (AGM) vote on corporate 'net zero' transition plans.
Aviva: OECD climate platform could reduce greenwashing
Aviva Investors has renewed calls for an Organisation for Economic Co-operation and Development (OECD) climate finance platform it said could reduce greenwashing by encouraging investment in emerging markets.
News round-up: Aviva, S&P, Germany
S&P DJI to launch German ESG Index
S&P hopes ESG-focused US mid- and small-cap indexes will drive reporting
S&P Dow Jones Indices (S&P DJI) hopes that the launch of small- and mid-cap indexes to its environmental, social and governance (ESG)-focused range will help drive greater sustainability reporting and action among these smaller firms
Scottish Widows urges £2.5trn UK pension industry to urgently close 'green gap'
Scottish Widows has urged other UK pension funds to help close the £2.2 trillion ($3 trillion) 'green gap' following its announcement of strengthened climate targets, arguing the "steady progress" on climate being made by the industry was "not fast enough".