Climate change – Page 14
-
NewsTPR urges pension trustees to take note of transition plan recommendations
TPR climate and sustainability lead says UK TPT recommendations can help advisers put together transition plans
-
AnalysisEuropean disappointment as US strife shows up in manager CA100+ exits
Repercussions for mandates may be limited but beware any European asset manager thinking about treading the same path
-
NewsMajority of UK pension providers found to have ‘inadequate’ or ‘poor’ climate plans
UK pension providers are ‘failing to implement ambitious, science-based climate plans’, according to report from Make My Money Matter
-
NewsKENFO underweights oil and gas holdings
It will not provide new financing for infrastructure assets in the oil and gas sector that are not in line with NZAOA targets
-
NewsIIGCC unveils new corporate climate target assessment tool
New metric aims to highlight any misalignment between company emissions pathway and the climate benchmark
-
AnalysisTPR to be lobbied after new fiduciary duty, climate report
it is crucial that TPR adds the report’s key messages to its official guidelines, says Maria Nazarova-Doyle
-
NewsFollow This, Arjuna Capital ask court to throw out Exxon’s lawsuit against them
Shareholders argue there is no subject matter jurisdiction for oil and gas major’s compliant to proceed
-
NewsFrench regulator publishes transition plan guide for companies
AMF says transition plans under the CSRD ‘hold great significance for investors and stakeholders’
-
NewsMirova creates new DFI-focussed role to boost impact financing in EM
Sébastien Duquet has been with Mirova since 2022 following the acquisition of Mirova SunFunder, a specialist in climate investment in emerging countries
-
NewsSwiss PACTA to look at financial institutions’ climate impact
This year’s test also covers real estate and mortgages, as well as implantation of regulatory requirements
-
NewsStudy reveals impact of index provider engagement on corporate climate policy
‘Our results show that firms react to index provider requests, at least if they commit a credible threat of exit,’ say MIT sustainable finance experts
-
Opinion PiecesViewpoint: Investor climate scenarios need to be probability-aware
Riccardo Rebonato, of EDHEC-Risk Climate Impact Institute, argues that climate scenarios need to come with probabilities if they are to be useful for investors
-
NewsNBIM’s divestment decisions yield NOK10bn returns
‘There is still a way to go before we reach our goal of net zero targets and transition plans for all the companies in the portfolio,’ says Carine Smith Ihenacho
-
NewsInvestors withdraw AGM climate proposal, Exxon sticks with lawsuit
Exxon considers there are ‘important issues to resolve’
-
NewsFrance’s ERAFP includes debt refusal in tighter fossil fuel policy
Pension fund also tightens thresholds for thermal coal, unconventional oil & gas
-
Country ReportISIF: Impact investment fund with a difference
The Ireland Strategic Investment Fund’s focus is on driving the sustainable development of the Irish economy
-
NewsBlue economy can provide investment opportunity, deliver environmental return
A research study shows that investing €1.85-3.4trn globally across the blue economy from 2020 to 2050 would generate €7.5-21trn in net benefits
-
NewsSBAI agrees emissions risk, impact reporting principles for derivatives, shorts
Alternatives body proposes ‘endorsed emissions’ metric to account for impact sought through divestment or portfolio tilting
-
NewsPenSam picks S&P Dow Jones Indices to tailor climate-focused index
Danish pension fund CIO says carbon budget indices, plus customisation, let fund ‘achieve our climate objectives in a credible way’
-
NewsInvestors bemoan ExxonMobil legal move against shareholder climate resolution
Oil and gas major says it turned to court in bid to ‘stop abuse’ of shareholder proposal process
