Newsmakers
UN Pension Seeks Deputy CIO
Applications for the role at the $95 billion Joint Staff Pension Fund’s Office of Investment Management are due by March 8.
Tag: United Nations
Research
Research Grant Contest Announced for Studying ESG Investing
Principles for Responsible Investment wants to find out how decarbonizing and other similar goals are working out in the Global South.
Market Drilldown
Saltwater to Freshwater: A Panacea That Travels Rough Seas
Desalination, a seeming godsend for parched areas, also could be profitable for investors. But the process is not always easy to pull off.
Risk
Institutional Investor Group Urges Asset Managers to Deliver on Climate Strategies
A U.N.-backed alliance with $9.5 trillion in AUM warns that the entire global economic system is at risk from climate change.
UN’s Net-Zero Asset Owner Alliance Proposes Climate Engagement Guidelines
A new report from the United Nations initiative aims to guide asset owners in setting and communicating about ESG goals with their asset managers.
Newsmakers
Lagging Governmental Commitment to Reduce Inequality Must Be Acted Upon, Top Economists Say
Group assembled by Nobel winner Stiglitz chides governments for ignoring pledge they signed to fight global poverty.
Corporate Moves
CEO of UN Principles for Responsible Investment to Step Down
Fiona Reynolds will leave after nearly nine years to return to her native Australia.
Coronavirus - COVID-19
UN Proposes $2.5 Trillion Coronavirus Package for Developing Countries
COVID-19 economic shock to developing nations even more dramatic than 2008 financial crisis.
Manager Selection
UN Pension Fund Seeks Adviser to Suggest Board Changes
Fund is asking for a wide range of ideas on structural changes to its oversight.
News
Pension Funds, Insurers Commit to Carbon-Neutral Investments by 2050
Institutional investors with $2.4 trillion in assets aim for Paris agreement standards.
Newsmakers
Banks’ Pledge to Fight Climate Change Isn’t Universally Lauded
Environmental groups criticize pact as a P.R. stunt that masks their un-green activities.
PRI Laggards Could Be Out
Asset managers and owners will be given two years to show they are responsible investors before being delisted from the United Nations-backed Principles for Responsible Investment.
Asset Allocation
Report: UN Pension Invests in Firms Accused of Abuses
Guardian alleges UNJSPF has $1 billion in ethically questionable investments.
Newsmakers
World’s Asset Owners Discuss ESG Investment Plans at United Nations (Part 1)
Hiro Mizuno of GPIF is calling for RFPs to create a new global environmental index.
Newsmakers
United Nations Appoints New CIO
Sudhir Rajkumar from World Bank Treasury to replace Carolyn Boykin.