Newsmakers
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Tag: ESG
Risk
World’s Largest Sovereign Wealth Fund Cutting Volatile Energy Stocks
Norway wants to reduce portfolio’s vulnerability to oil’s tendency to crash.
Risk
World’s Largest Sovereign Wealth Fund Flexes Its Muscles
Norway’s pension giant has divested from 240 firms since 2012.
Regulation
Church Investors Want to Speed Up ESG Reforms for FTSE 350 Companies
Climate change, board diversity among $27.7 billion faith group’s top priorities.
Newsmakers
New York City Leads Anti-Carbon Coalition of Big Funds
Institutional group wants the top 20 public power companies to make good on Paris Agreement goals.
Newsmakers
Rhode Island Makes a Sustainability Deal with Archer Daniels Midland
Treasurer Magaziner pulls ESG proxy proposal.
Investors Are Starting to See the Positive Effect of ESG Investing
Screening methods may uncover alpha in small caps.
Risk
Canada Pension Plan Investment Board Issues Euro Green Bonds
€1 billion 10-year fixed-rate notes are issued to invest in renewable energy.
$1.3 Trillion Church-led Pension Coalition to Pressure Mines on Dam Safety
After the Brazil dam collapse, a call for mining company investors to insist on better standards.
Newsmakers
UK Trade Organization Seeks to Define ESG
The Investment Association attempts to clear up three key issues in the space.
CalSTRS CIO Proposes Rebranding Corporate Governance Unit
Chris Ailman calls for new name that better reflects ESG focus.
Citigroup Launches Green Bonds
Bank looks to keep 2015 promises on renewable energy, water quality, and other Paris Agreement goals.
Risk
Another Swedish Pension Fund Makes Huge ESG-Focused Divestment
Selling of nukes, tobacco, coal and oil sands holdings follows new law, plus actions of sister fund.
Jana Partners Deep-Sixes Two Funds in Favor of Activism
Firm will open a new fund to help holdover Strategic Investing fund focus on ESG.