• Investors welcome 'major step' of UK carbon markets regulation consultation

    10 April 2023

    Investors have commended the UK government's commitment to consulting on regulating voluntary carbon markets.

  • Tobacco investor engagement 'would not yield results'

    29 March 2022

    Investor engagement will not be able to help the tobacco sector avert its decline, an executive at pension and insurance provider Scottish Widows has said.

  • Scottish Widows divests from tobacco due to 'stranded asset risk'

    28 March 2022

    Pension and insurance provider Scottish Widows will divest £1.5 billion ($2.1 billion) of assets from companies with exposure to tobacco or some fossil fuels.

  • $2.7trn BlackRock proxy voting move 'game-changing' for industry

    08 October 2021

    BlackRock will offer institutional clients expanded proxy voting options across its index business in the "first step" from the asset manager...

  • BlackRock switches five tracker funds to ESG indexes

    30 June 2021

    Blackrock have updated the existing indices for five of its funds, within its Authorised Contractual Scheme (ACS) range...

  • Scottish Widows urges £2.5trn UK pension industry to urgently close 'green gap'

    08 February 2021

    Scottish Widows has urged other UK pension funds to help close the £2.2 trillion ($3 trillion) 'green gap' following its announcement of strengthened climate targets, arguing the "steady progress" on climate being made by the industry was "not fast enough".

  • Scottish Widows invests £2bn in BlackRock climate transition fund

    05 August 2020

    Asset management giant BlackRock has launched a Climate Transition World Equity Fund with a £2 billion ($2.6 billion) investment from British pensions and insurance provider Scottish Widows, a subsidiary of Lloyds Bank.