Archive

News Round Up: NY State Retirement Fund, Ambienta

NY State Pension Fund to divest from 'risky' oil and gas companies

The $226 billion New York State Common Retirement Fund is moving to divest from the 'riskiest' oil and gas companies by 2025 and has committed to full decarbonisation by 2040.

CA100+ ups pressure on corporates to align lobbying with Paris Agreement

Institutional investors with a combined $6.5 trillion in AUM have issued "urgent" demands to 47 of the largest US-based corporate greenhouse gas (GHG) emitters to disclose their climate lobbying practices.

Time is ripe for US asset managers to engage oil majors

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.

New York State Common makes $800m climate-themed investments

The New York State Common Retirement Fund has made $800 million in climate-themed investments so far in 2020.

KKR closes $1.3bn impact fund

New York-based KKR has reached a final close on its $1.3 billion impact fund.

People Moves, 10 January: New York Commons, Willis Towers Watson, Rathbone, IHS Markit, Canada Post, Bamboo Capital, ICMA

$32trn group of investors demand greater government climate action

Investors with a combined $32 trillion in assets have demanded governments increase action to tackle climate change.

Setting a European benchmark

The European Commission's bold proposals to reform benchmark regulation are designed to increase the flow of green finance and reduce the risk of 'greenwashing'. Michael Hurley asks why change is required

Majority of world’s largest pension funds neglect climate risk, says AODP

Nearly two thirds of the world’s largest pension funds have little or no disclosed strategy on climate change, potentially putting them at risk of breaching their fiduciary duty to savers, according to a study by the Asset Owners Disclosure Project (AODP).