Archive

BlackRock remains 'misaligned' with NYC pension climate expectations, fund says

BlackRock still fails to satisfy 'net zero' expectations set by a group of New York City pension funds, months after the city's chief financial officer recommended replacing the asset manager on a major US equities mandate, the funds said.

New York pension fund to renew push for banks to report energy financing

Some of the world's largest banks face renewed pressure to improve disclosure of the ratio of finance they provide to fossil fuels versus low-carbon alternatives, as a large US pension fund prepares shareholder proposals.

Municipal issuers split over third-party ESG attestation

There is a divide in the US municipal bond market over whether issuers should pay for third-party attestation or rely on self-certification, according to speakers at Environmental Finance's Sustainable Debt Americas Conference in New York today.

People Moves, 12 September: TPG Rise Climate, BlackRock, Westpac NZ, ISF ... and more

NYCEDC invests $40m in 11 impact fund managers

New York prepares second $700m social bond

The City of New York is planning in October to raise $700 million from its second social bond, which will be used to build 4,500 affordable homes in the city.

US banks facing NYC pension fund pressure on climate targets

Bank of America, JP Morgan Chase and Goldman Sachs are preparing to face a shareholder vote on a resolution asking them to set absolute greenhouse gas (GHG) emissions reductions targets, as a major investor criticised them for "lagging peers" in this area.

US pension funds call on banks to disclose emissions targets

NYC funds file diversity disclosure proposal at NextEra Energy

NY pension funds to vote against Amazon directors