Newsmakers
Ontario Teachers’ Pension Plan Names Anna Murray Head of Sustainable Investing
The former head of ESG at Sun Life Capital Management will lead the $178.6 billion pension fund’s climate strategy.
Tag: environmental
Asset Allocation
Vatican Publishes Ethical Investing Guidelines
Church says underlying factors of ESG investing “resonate” with the aims of Catholic teachings.
Newsmakers
Alternative Asset Managers Launch ESG Disclosure Tool
Template aims to improve transparency and consistency for companies and credit investors.
Newsmakers
Missouri Divests $500 Million From BlackRock as GOP Backlash Over ESG Grows
In less than a month, four states have pulled over $1.5 billion out of BlackRock investments in protest over a ‘woke political agenda.’
Asset Allocation
Canadian Pension Giant Expects Carbon Neutral Internal Ops by 2023
The $392 billion CPPIB also said it will nearly double its investments in green and transition assets by 2030.
Asset Allocation
Louisiana Divests Nearly $800 Million from BlackRock to Protect Fossil Fuel Industry
Treasurer John Schroder calls ESG investing a threat to democracy and individual liberty.
Asset Allocation
Japan’s GPIF Joins ESG Benchmark
Pension giant hopes to encourage the disclosure of ESG data.
Newsmakers
Utah Treasurer Pulls $100 Million Out of BlackRock in ESG Protest
Marlo Oaks is ‘committed to pushing back against ESG,’ which he claims is a left-wing political agenda.
Newsmakers
Robert Wood Johnson Foundation Seeks New CIO
The $12.7 billion foundation is looking to replace Brian O’Neil, who is retiring at the end of the year.
Newsmakers
ESG Head Leaves Texas Teachers’ Pension
The Teacher Retirement System of Texas is required by law to boycott companies that divest fossil fuels.
Newsmakers
Bill Seeks to Protect Retirement Savings From ‘Woke CEOs’
The proposed Securing Employee Retirement Returns Act aims to codify Trump-era anti-ESG rules.
Risk
CalSTRS Votes on Record Number of Shareholder Proposals
The $315 billion pension fund has voted on more than 1,000 shareholder proposals during the 2022 proxy season, many of them climate-related.
Newsmakers
Han Yik Named Senior Advisor at New York State Teachers’ Pension
Yik will advise NYSTRS CIO Thomas Lee on regulatory, public policy and ESG matters.
Asset Allocation
Pension Advocate Calls for ESG Regulation and Legislation to Guide Canadian Plans
The Association of Canadian Pension Management says administrators are in the dark about ESG fiduciary duties.
Regulation
Private Funds, ESG, Crypto Among SEC’s Priorities in 2022
The regulator released its annual report identifying the greatest risks facing investors and the markets.