Op-Ed: The Climate Investment Dilemma—Divestment or Decarbonization?
FEG’s Tim O’Donnell explores the merits of engagement.
ESG
Dartmouth to Phase Out Fossil Fuel Investments
The college warns that climate change effects are ‘real, far-reaching, and getting worse.’
Baltimore Pension Funds to Divest From Fossil Fuels
The city council will also consider a legislative package aiming to tackle climate change.
CDPQ Unveils Climate Strategy to Reach ‘Net Zero’ by 2050
The Canadian pension giant plans to completely exit oil production investments by the end of next year.
Cutting the Costs of Decarbonization
LCP says the answer to reaching net-zero ‘without breaking the bank’ is blowing in the wind power.
Boston University Joins Harvard in Divesting From Fossil Fuels
The $3 billion endowment, which eliminated coal and tar sand investments in 2016, will phase out crude oil and natural gas immediately.
Op-Ed: The Green Gambit—Investing for Corporate Strategic Advantage in the Post-COVID-19 World
Alan Martinovich, with global management consultancy Arthur D. Little, says now is the time to make intentional moves that will drive green transformation.
Dutch APG Launches Sustainable Index Funds
The Netherlands’ largest pension provider and active investor advocate is dipping its toe in passive waters.
S&P Finds Little Evidence ‘Greenwashing’ Is Widespread
The firm says increased scrutiny of sustainable bonds is forcing issuers to substantiate ESG claims.
War of the Celeb Investors: Cathie Wood vs. Michael Burry
The Big Short seer bets against the momentum queen’s suddenly weak ETF.
NY State Pension Fund Scrutinizes Shale Oil, Gas Companies
The fund will evaluate 42 firms that it says are ill prepared for a transition to a low-carbon environment, including ConocoPhillips, Hess, and Marathon Oil.
Little-Known RhumbLine Advisers in Line for $1 Billion PRIM Allocation
An overallotment for State Street becomes a windfall for the female- and minority-owned firm.
Climate Stress Tests Help Gauge Financial Sector Risk Exposure
S&P says it is increasingly using environmental data in its credit rating analyses.
14 UK Pension Funds Sign Prince of Wales’ Climate Pledge
Investors with $315 billion in assets under management commit to setting net-zero goal within a year.
SEC Mulls New Sustainable Fund Disclosure Rules
The regulator’s chief says he’s concerned about the greenwashing of ESG investments.