BlackRock, Vanguard climate and social voting records continue to disappoint
Asset managers' proxy voting record on shareholder resolutions for climate and social issues continued to disappoint in 2020, according to a report by ShareAction, with US giants BlackRock, Vanguard and Capital Group among the worst performers.
UNEP FI and investors release study on climate risk reporting
A major study has been issued looking at the different ways that investors can measure and report climate risks.
SASB launches its standards
The Sustainability Accountability Standards Board (SASB), one of major reporting bodies, has published its sustainability standards, at a time when environmental, social and governance (ESG) investing is gaining momentum.
$3trn of investors launch pilot group on TCFD
Nine investors representing around $3 trillion of assets have joined forces to promote climate transparency.
CalSTRS selects eight ESG asset managers and could commit up to $1bn
The California State Teachers' Retirement System (CalSTRS) pension fund has selected eight environmental, social and governance (ESG)-focused asset managers.