Archive

  • Time is ripe for US asset managers to engage oil majors

    11 May 2020

    Domestic asset managers have been largely absent from climate engagement with US oil majors, but the Church Commissioners for England tells Ahren Lester that this could finally be changing.

  • Total makes net-zero pledge after investor pressure

    05 May 2020

    French oil major Total has become the latest oil and gas major to announce its ambition to be net-zero emissions by 2050, after pressure from investor groups.

  • Sustainable equity funds becoming all-weather investments

    02 April 2020

    The relative outperformance of ESG equity funds during the market correction caused by the coronavirus (Covid-19) pandemic proves they can be all-weather investments that will appeal to long-term investors, Morningstar's sustainability research head tells Ahren Lester.

  • Transition-focused index backed by Church of England pension

    30 January 2020

    The pension board of the Church of England (CofE) has allocated £600 million ($780 million) to a fund tracking a first-of-its-kind, custom-made, climate transition index, and issued a rallying call for other pension funds to follow.

  • HSBC: Risk of stranded assets in oil and gas 'very limited'

    22 January 2020

    HSBC has downplayed the risk of 'stranded assets' in the oil and gas sectors, pointing to the likelihood of continuing reliance on the industry for decades

  • One fifth of CalPERS portfolio is highly exposed to climate risk

    27 December 2019

    The largest public pension fund in the US has reported that a fifth of its portfolio is among those sectors most exposed to climate change risks.

  • No oil & gas company aligned with 2°C pathway, says TPI

    18 September 2019

    None of the 50 largest oil and gas companies have aligned their emission intensity with a pathway that would keep global warming to 2°C, as called for in the Paris Agreement on climate change, according to the Transition Pathway Initiative (TPI).

  • BlackRock loses $90.4bn from failing to spot stranded asset risks, says IEEFA

    01 August 2019

    The world's largest asset manager, BlackRock, has seen $90.4 billion knocked off the value of its listed equities holdings over the last decade because it failed to address stranded asset risk in the fossil fuel industry, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).

  • Exxon and other laggards excluded from LGIM Future World Funds

    21 June 2019

    Legal & General Investment Management (LGIM) has excluded more climate change laggards from its Future World Funds range after they failed to respond to its engagement programme.

  • Investors name and shame 700 companies for poor environmental impact reporting

    17 June 2019

    Investors with almost $10 trillion in assets have begun pushing more than 700 companies, including ExxonMobil, Amazon and Volvo, to disclose better environmental impact information.