A U.N.-backed alliance with $9.5 trillion in AUM warns that the entire global economic system is at risk from climate change.
The $462 billion pension giant will more than double those assets as it aims to halve the carbon-emissions intensity of its investments by 2030.
The philanthropic organization announced the strategy is unprecedented in the foundation’s 110-year history.
The bank’s second climate stress test showed ‘there is a clear need for speed’ to meet the goals of the Paris agreement.
It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.
Europe leads the way among institutional investors divesting from coal, according to a new report.
The full House Committee on Financial Services has scheduled an oversight hearing for the SEC next week, when climate disclosure will likely be a high priority.
Microsoft and BHP were cited the most by asset managers as providing the best climate risk information.