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.

Passage of US anti-ESG bill 'could be enormously negative' for industry

A bill to limit the ability of US retirement funds to consider sustainability factors in investment decisions "could have an enormously negative impact on pension beneficiaries, investors, and the nation's economy," an expert warned.

Australian super fund backs Macquarie as part of AUD2bn impact allocation

The Australian Retirement Trust (ART) has kicked off plans to allocate AUD2 billion ($1.3 billion) to impact investing by the end of the decade with a significant allocation to Australian infrastructure investor Macquarie Asset Management.

Pension fund engages on natural capital, readying for 'right time to allocate'

A UK workplace pension scheme is increasingly using natural capital data to engage with asset managers, its responsible investment manager has said.

Just Climate bags $175m for natural capital strategy

Sustainable Debt Americas 2024 returns to New York next week

Environmental Finance's Sustainable Debt conference returns to New York next week, Thursday 19 September. Environmental Finance subscribers receive a 30% discount to attend.

New York State pension fund looks to ramp up climate investments

The New York State Common Retirement Fund has revealed to an Environmental Finance conference that it intends to scale-up its sustainable investments from an existing $22 billion to $40 billion.

Agri-tech business raises €250m

Pension funds lead $1.2bn battery storage investment