Denmark’s PenSam Excludes 26 More Oil Firms
Fund keeps Shell and BP for now, but it will still watch the companies it did not divest from to see if—and how—their ESG efforts are improving.
Tag: ESG
Newsmakers
Exclusive: Don’t Be a Laggard; Legal & General Head Encourages Companies for Green Action
Head of US Stewardship and Sustainable Investments John Hoeppner explains the strategy behind firm’s Future World funds.
Newsmakers
Wide Index Use Means ESG-Minded Investors Own Private Prison Stocks
That’s how lock-up companies, in poor odor lately, end up in top pension portfolios.
Newsmakers
Danish Pension Debuts Line of Sustainable Products
AP Pension believes new employees will invest 25% of their pension in sustainable line.
Research
Female-Inclusive Investment Committees Are Outperforming Their Peers
Data shows gender-diverse investment teams help expand their thinking and strategic options.
Newsmakers
Boosting Diverse Managers Needs a Big Push, Says Chicago Teachers’ CIO
Key to this, pension official Angela Miller-May tells a US House panel, is requiring a set level of minority and female outside advisers.
PLSA Issues ESG Compliance Guide for UK Pensions
New requirements for DB, DC plans take effect October 1.
Giant Investment Coalition Call for Climate Action From G20 Leaders
Alliance of pension and other institutional investors, managing $34 trillion, is worried about “ambition gap” in meeting Paris Agreement’s goals.
Large Investor Coalition Pressures ESG Disclosure on 700 Companies
With backers worth $10 trillion, the group includes the Washington State Investment Board and the New York Common Retirement Fund.
Risk
UK’s NEST Pension to Quit Smoking
Move follows series of funds no longer interested in carrying tobacco-related investments.
Aberdeen, Sumitomo Form Venture to Invest in Asia Pacific Real Estate
The firms said they would incorporate ESG factors into the investment process.
UK Launches Institute to Help Investors Make Social Impact
Nascent organization is still accepting applications for a chief executive.
Newsmakers
New York Comptroller Aims to Double Pension Plan’s ESG Funding
DiNapoli seeks to increase the state Common Retirement Fund’s sustainable investments to $20 billion.
Newsmakers
Al Gore Calls on Harvard to Divest from Fossil Fuels
Former US vice president says alma mater’s investments a ‘moral issue.’
UK MPs Call for Parliament’s Pension Fund to Divest Fossil Fuels
Lawmakers demand fund dumps BP, Royal Dutch Shell holdings.