Asset Allocation
ESG Will Power Capitalism to Solve Humanity’s Problems, Says Ackman
Hedge fund head cites four stocks, including Starbucks and Lowe’s, as examples of sustainability prowess.
Tag: Climate Change
Regulation
SEC Continues to Make ESG a Main Priority
The regulator has added a new page to its website to provide up-to-date ESG-related information and agency action.
Asset Management Culture
World’s Top Carbon Offenders Need to Step Up, Says Investor Group
Investors managing more than $54 trillion says firms require clear short- and medium-term targets and related capital expenditures.
Regulation
SEC Seeks Climate Change Disclosure Input
Acting Chair Allison Herren Lee is calling for SEC staff and the public to evaluate rules on ESG-related disclosures.
Pensions
AIF Institute Launches Center for ESG, Sustainable Investing
BlackRock, Natixis Investment Managers will serve as founding faculty members.
Here’s How Institutional Investors Can Meet Net-Zero Goals
A new guide is intended to help investors create a net-zero investment strategy.
Asset Management Culture
Aviva Targets Net-Zero Carbon by 2040
UK financial service firm’s environmental targets exceed Paris Agreement guidelines.
Climate Risk Among SEC’s 2021 Compliance Priorities
The securities regulator will review whether companies’ practices actually match what they report.
Newsmakers
Bolstering City Infrastructure ‘Imperative’ to Recovery, Says Kamala Harris
The vice president outlines the Biden administration’s goals as it prepares a plan to build everything from railways to tidal walls.
Asset Allocation
Canadian Pension to Invest C$5 Billion in Green, Social Bonds by 2025
British Columbia Investment Management also aims to cut carbon exposure of public equities by 30%.
SEC to Strengthen Climate Disclosure Requirements
The securities regulator is reviewing how the capital markets are currently managing environmental risk.
Research
UK Regulator TPR Says DC Pensions Falling Behind on Climate Change
Survey finds that only 43% of defined contribution plans’ investment strategies consider climate change.
Market Moves
General Motors Throws Down in Super Bowl Ad on Electric Vehicles
The company will release 30 new electric vehicles by 2025, though the initial models will not be cheap.
Market Moves
General Motors Aims to Be Carbon Neutral by 2040
The pledge comes days after John Kerry and Larry Fink called on the private sector to fight climate change.
Newsmakers
News From Davos: US Vows to Throw Weight Behind Climate Change Fight
Special envoy John Kerry said ‘we wasted four years’ under the Trump administration.