$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.
Tag: ESG
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.
Newsmakers
San Francisco Employees’ Retirement System Becomes Major ESG Force
In the span of a year, the system has become one of the largest players among US pension systems.
Fitch Ratings Focuses on ESG Standards with New Scoring System
Agency finds only 3% of corporate ratings have changed as a direct result of ESG considerations.
Australian Superfund Executes Substantial Renewable Energy Investment
The Warradarge wind farm is a 180-megawatt greenfield development based in Western Australia.
Newsmakers
NY State, Church of England Team Up on Exxon over Emissions
They lead investor group, with $19 trillion in assets, demanding the oil titan divulge greenhouse gas targets.
Newsmakers
CalPERS Decision to Divest from Tobacco Is Costly
A report found CalPERS missed nearly $3.6 billion in investment opportunities from 2000 decision, but other divestments have worked in its favor.
Huge Investor Alliance Presses Global Acceleration of Paris Accords
The $32 trillion Investor Agenda is worried that nations are letting climate goals recede.
Newsmakers
Shell Announces New Climate Goals, Joining Big Pension Plans
Engagement led by Church of England Pensions Board, Robeco.
Newsmakers
CalPERS Makes ESG Changes
CalPERS officials hope ESG revisions will add alpha to the pension system’s $178.6 billion global equity portfolio.
Newsmakers
Climate Change Risk a Threat to Scottish Pension Funds
Report says two of Scotland’s largest funds are not addressing climate change risks.