$1.8trn investor group urges US utilities to set net-zero carbon deadline

Investors representing a combined $1.8 trillion in assets have demanded that the 20 largest publicly…

Carbon,Stranded Assets

People Moves: Lazard Asset Management, BlackRock, Pensions Infrastructure Platform, PGGM, Carbon Market Institute and St. James's Place

People

$32trn group of investors demand greater government climate action

Investors with a combined $32 trillion in assets have demanded governments increase action to tackle…

Investors,Policy,Stranded Assets

Setting a European benchmark

The European Commission's bold proposals to reform benchmark regulation are designed to increase the flow of green finance and reduce the risk of 'greenwashing'. Michael Hurley asks why change is required

ESG,Equity,Investors,Policy

Majority of world’s largest pension funds neglect climate risk, says AODP

Nearly two thirds of the world’s largest pension funds have little or no disclosed strategy on climate…

ESG,Investors

Private sector lagging on climate disclosure, report claims

Private sector asset owners tend to be less prepared than their public sector counterparts to make voluntary…

Investors

Report claiming fossil fuel divestment would cost pension funds billions branded 'misleading'

A report commissioned by the petroleum industry that claims US pension funds would stand to lose billions…

Carbon,Stranded Assets

People Moves: New York State Common Retirement Fund, 2° Investing Initiative, MSCI and ClimateWise

Anastasia Titarchuk has been announced as interim CIO of the New York State Common Retirement Fund, replacing…

People

Climate Action 100+ expands its reach and attracts new backers

An additional 61 companies have been added to Climate Action 100+ list, increasing the reach of the investor-backed…

Carbon,ESG,Investors

50 names to be added to Climate Action 100+ engagement hit list

50 more corporates are to be added to the $28 trillion Climate Action 100+ initiative's list of targets…

Carbon,ESG,Investors

New York State pension fund commits extra $2bn to low-carbon index

The $203 billion New York State Common pension fund has doubled its exposure to its own low-carbon index…

Carbon,ESG,Equity,Investors

Major investor initiative to tackle climate change on four fronts announced

A landmark initiative to spur investors to attack climate change on the four fronts of engagement, disclosure,…

Carbon,ESG,Investors,Stranded Assets

New York City files to sue five oil majors, plans $5bn pension fossil fuel divestment

New York City has filed a lawsuit against five oil majors for damages caused by climate change, and the…

Carbon,Investors

NY State Common and NY City Pension Funds make plans to cease fossil fuel investments

Both the $200 billion New York State Common pension fund and the $181 billion New York City Pension Funds…

Investors,Renewables

European banks focus on green tagging to drive energy efficiency

Green tagging is emerging as a key strategy for leading European banks looking to scale up financing…

Green Bonds

ESG indexes: in the sweet spot

Billions have flowed into funds tracking ESG indexes or low-carbon indexes in recent months. What are the innovations that will drive further growth, asks Peter Cripps

ESG,Investors,Markets

US asset owners are waking up to climate change

There is increasing evidence that US investors are factoring climate change into their investment decisions, argues Meg Voorhes

Investors

Exxon board fights climate resolution

ExxonMobil's board has refused to support a climate change resolution backed by investors with over $10…

Corporate,ESG

EF BRIEFS: EOS, UBS

EOS Investment Management (IM) has acquired a 40MW renewable energy portfolio in Italy for €140 million…

Equity,Investors

Sustainable forestry fund reaches first close

A sustainable forestry fund has reached a first close.

Equity,Investors