Archive

UK's Nest awards £200m climate tech mandate to IFM

'An opportunity to learn from mistakes and build better foundations'

A gathering of UK pension funds heard that sustainability is adding to the reporting burden and can overwhelm some trustees, writes Rob Langston

Will MAGA politics trump sustainability at US AGMs?

The 'anti-ESG' movement threatens to further undermine support for shareholder proposals, Michael Hurley reports

Be realistic about the political environment for managers, says Nest CIO

From Rob Langston in Edinburgh

Nest threatens to vote against chair if companies scale back climate commitments

Nest has updated its voting policy to make clear that it "may vote against the chair of a company that has materially scaled back its climate strategy without adequate explanation".

UK's Nest on hunt for 'ethical' equity manager

Why Nest is sticking with BlackRock

Although PFZW has dropped BlackRock, Nest Pensions has chosen to stick with its asset managers after engaging with them. Diandra Soobiah speaks with Jennifer Forrest

UK government-backed impact initiative targets billions in investment

A UK government partnership to drive regional investment in areas of impact has secured support from major pension funds and insurers, including £2 billion from Legal & General and £100 million from workplace pension scheme Nest.

Nest pushing asset managers on data quality (ESG Data conference)

UK pension scheme Nest is pushing its fund managers including BlackRock and UBS to improve their use of ESG data, including to better integrate sustainability aspects in financial performance information, a senior executive told an Environmental Finance conference.

Nest to build reporting framework for asset managers

The UK's Nest Pensions has started to build a framework against which it will ask its asset managers to report, in a bid to streamline and harmonise the ESG data it receives.