UK pension schemes 'worryingly weak' on climate risk

Efforts among UK investment managers to tackle climate risk are worryingly weak - with less than half (44%) systematically considering it at security level before investment, according to pensions advisory LCP.

BlackRock joins Climate Action 100+ initiative

The largest asset manager in the world, BlackRock, has joined the Climate Action 100+ initiative, in a move that "sends a powerful signal to companies to reduce emissions, improve corporate governance and strengthen their disclosure".

LGIM praises Enel's SDG-linked bond

Legal & General Investment Management has weighed in to the debate on Enel's controversial 'Sustainable Development Goals-linked bonds', arguing that they are "better" than green-labelled issues.