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.
Tag: Net Zero
Newsmakers
Net-Zero Pledges Aren’t as Green as You Think, Says New Study
Of the 25 asset managers studied that were members of the Net Zero Asset Manager Initiative, not a single one required companies in their portfolios to stop developing new projects with coal, gas, and oil.
Newsmakers
CPPIB Targets Net-Zero by 2050
The $433.6 billion pension giant plans to nearly double its green and transition investments to over $100 billion by 2030.
Asset Allocation
Green Fossil Fuel Companies: Are They Possible?
The data so far seems grim, with one notable exception.
Asset Allocation
NY Pension Shifts Global Equity Assets to Alts
The New York State Common Retirement Fund has also committed $2 billion to a climate transition index.
Newsmakers
Ontario Pension Fund Pledges Net-Zero Emissions by 2050
The $89 billion OMERS will follow the advice of the Task Force on Climate-related Financial Disclosures.
Newsmakers
Ontario Pension Fund Pledges Net-Zero Emissions by 2050
The $89 billion OMERS will follow the advice of the Task Force on Climate-related Financial Disclosures.
Newsmakers
Institutional Investors Launch ‘ESG Book’ to Standardize Sustainable Data
Their goal is to make sustainability data more widely available and comparable.
Newsmakers
Pressure Mounts on CalPERS to Ditch Fossil Fuels
One public commentator accused the pension fund of investing in ‘merchants of death.’
Asset Allocation
Dartmouth to Phase Out Fossil Fuel Investments
The college warns that climate change effects are ‘real, far-reaching, and getting worse.’
Cutting the Costs of Decarbonization
LCP says the answer to reaching net-zero ‘without breaking the bank’ is blowing in the wind power.
Asset Allocation
Boston University Joins Harvard in Divesting From Fossil Fuels
The $3 billion endowment, which eliminated coal and tar sand investments in 2016, will phase out crude oil and natural gas immediately.
Climate Stress Tests Help Gauge Financial Sector Risk Exposure
S&P says it is increasingly using environmental data in its credit rating analyses.
Asset Allocation
Ceres Launches Program to Help Food Sector Reach Paris Agreement Goals
The group says the global food system accounts for one-third of the world’s emissions, and it wants institutional investors’ help to engage the highest polluters.
14 UK Pension Funds Sign Prince of Wales’ Climate Pledge
Investors with $315 billion in assets under management commit to setting net-zero goal within a year.