Archive

Actuaries warn of 'catastrophic' impacts linked to climate and nature crises

Vulnerabilities shown by the US war with Iran demonstrate how an already fragile global food system is endangered by rising climate and nature perils, risking "catastrophic impacts for the financial system and for society as a whole", actuaries warned.

Financial institutions lament nature becoming 'political football'

Amidst growing geopolitical backlash against nature, financial institutions have urged governments to be bolder in mandating action.

'Safe space to fail' needed for nature, says Brunel Pension Partnership

More "compassion" is needed for financial institutions that are just starting out in nature to incentivise more investors into action, according to Brunel Pension Partnership.

People Moves, 21 March: EQT, Transition Finance Council, Danske Bank, EIFO ... and more

UK makes pitch to lead world in transition finance with launch of council

London stands to become "the preeminent financial hub for transition finance" if a new Transition Finance Council is successful, according to its chair and former president of the COP26 climate conference, Alok Sharma.

People Moves, 6 December: IIGCC, Mirova, CISL, Gresham ... and more

Asset manager neglect of climate adaptation leads Brunel to take engagement 'into own hands'

UK pension pool Brunel has begun an engagement programme with 20 companies in the consumer staples sector asking them to prioritise investment in climate adaptation measures, as it said asset managers were failing to do so.

Don't demonise high emitting companies that disclose Scope 3, says pensions group

Investors risk "misallocating capital" if they unfairly punish high-emitting companies that disclose their Scope 3 emissions, as these will often make them look worse than peers that fail to disclose, a senior figure at a UK pensions group has warned.

Asset managers' climate stewardship needs to be 'dismantled', says pension fund

An analysis of asset managers' voting records on climate resolutions at oil and gas companies has triggered one of the UK's biggest pension funds to call for a "complete dismantling" of the industry's approach to stewardship.

Brunel make biodiversity an investment priority

Brunel Pension Partnership has made biodiversity an investment priority.