Pension funds grill major companies on climate lobbying
A group of more than 50 major companies have been challenged on their approach to climate lobbying by investors with assets of about $2 trillion.
People Moves: CalSTRS, BNP Paribas, ERAFP, GWEC, FC4S and Cornerstone
Kirsty Jenkinson has been appointed as director of corporate governance at the California State Teachers' Retirement System (CalSTRS) and replaces Anne Sheehan, who retired in March.
People moves: IOSCO, London Stock Exchange Group, Simmons & Simmons, UBS
Peter Damgaard Jensen has been appointed as co-organizer of the newly founded Global Commission on Adaptation. Damgaard Jensen also acts as CEO of Danish pension scheme PKA and chair of the Institutional Investors Group on Climate Change (IIGCC), an investor association taking action to support a low-carbon future.
Fiduciary duty proposal of EU Action Plan could unleash sustainability shift
Plans to reform definitions of investors' duties are the most important part of the European Commission’s Sustainable Finance Action Plan, Environmental Finance’s Green Equities conference heard.
IIGCC urges pension funds to improve climate risk management
Pension funds have been urged to improve their management of climate-related risks and opportunities by a group of investors with more than €21 trillion ($24.3 trillion) in combined assets.
Investors press politicians to facilitate more low-carbon investment
Leading institutional investors have called on national governments to act more urgently to spur private sector capital into low-carbon investments.
UK's Brunel Pension Partnership joins IIGCC
The Brunel Pension Partnership has become the first of the UK's eight pooled local government pension schemes to join the Institutional Investors Group on Climate Change (IIGCC).
Finnish fund Elo joins IIGCC to strengthen engagement
Finnish pension fund Elo has joined the Institutional Investors Group on Climate Change (IIGCC) to reinforce its new climate change strategy.
COP 23: What success means for investors
This year's UN climate change conference in Bonn (COP23), while a far cry from the highs of the Paris talks of 2015, is crucial for the implementation of the new agreement. Katie Kouchakji talks to some finance sector leaders about their criteria for its success
Final TCFD report supported by investors with $25trn
The Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD) has released its final report, with the public support of investors with roughly $25 trillion in assets under management. Other businesses with a combined market capitalisation of approximately $3.5 trillion have also supported the recommendations.