All environmental articles – Page 27
-
OpinionGood behaviour begins at home
When the recent survey carried out by the Society of Pension Professionals suggested that many pension funds will not take any material action in the short term on sustainability issues, we were not surprised.
-
News
L&G to launch fossil fuel free fund
On the go: PensionBee will offer Legal & General’s first fossil fuel-free fund, in response to demand from consumers to exclude oil from their pension investments.
-
News
Cheshire Pension Fund questions members on investments and ESG
The £5.8bn Cheshire Pension Fund is gauging the views of its members and participating employers on its investment strategy and environmental, social and governance policy.
-
NewsTCFD reporting confirmed as climate guidance takes shape
Trustees should stress-test their portfolios against a range of climate change scenarios, according to provisional guidance launched on Thursday, as pensions minister Guy Opperman warned of consequences for those in dereliction of their duties.
-
News
USS, Calpers and Japanese giant set out sustainability demands
On the go: Three of the world’s most prominent pension fund investors have released a joint statement on sustainability, hitting out at short-termism and scepticism that could allow climate change alone to destroy $69tn (£53.7tn) in global economic wealth.
-
OpinionThe biggest driver of change in DC
Data Crunch: Over the past few years, defined contribution schemes have had to adapt to substantial changes introduced by the government and the regulators.
-
Features
Camden grills manager as ESG pressure mounts
The £1.7bn Camden Pension Fund has placed one of its managers under review over concerns that it would not be able to comply with the scheme’s climate risk reporting requirements.
-
NewsRegulator’s ESG letter ‘as vague as trustees’ statements’
The Pensions Regulator’s response to schemes not publishing newly required statements of investment principles has been lambasted by the non-profit that first uncovered the extent of non-compliance.
-
News
DWP: Government will not dictate schemes’ ESG investments
The government insists it is not intervening in pension scheme investment strategies with a climate change amendment to the pension schemes bill introduced earlier this month.
-
News
Nest joins campaign for Barclays fossil fuel divestment
On the go: Master trust Nest has joined a group of institutional investors urging Barclays to publish a plan to gradually phase out its financing of fossil fuel companies.
-
OpinionGovernment's latest green push should come as no surprise
The government’s decision last week to table a series of crucial amendments to the pension schemes bill shows the Department for Work and Pensions is paving the way to mandatory climate reporting for UK pension schemes.
-
News
TPR ordered to set out climate change strategy
On the go: The government is expecting the Pensions Regulator to publish a strategy for dealing with the financial risks arising from climate change, among other requirements to integrate the Green Finance Strategy into its activities.
-
PodcastsPodcast: Regulator should take ‘softly-softly’ approach to DC consolidation
Podcast: The Pensions Regulator should take a “softly-softly” approach to defined contribution consolidation, similar to what happened with master trusts during the authorisation process, where subtle conversations occurred and schemes decided to exit in an orderly manner, according to Adrian Boulding, director of policy at Now Pensions. He and Rosalind Connor, partner at Arc Pensions Law, discuss the response from the watchdog to its consultation of the future of trusteeship and governance, among other topics.
-
News
ESG amendments to give govt ‘unprecedented new powers’
The Pensions and Lifetime Savings Association has warned that government bodies will have “unprecedented new powers” to interfere in pension scheme investment strategies if an amendment to the pension schemes bill is passed.
-
OpinionPension funds must be a positive part of regenerative capitalism
Pension fund trustees, and particularly their investment consultants, are among the most influential decision-makers when it comes to the deployment of capital in the UK and beyond.
-
NewsWhat are the risks of flouting ESG statement rules?
Analysis: A report into trustees’ first efforts on the new statements of investment principles has yielded damning results. But what can regulators, or even members, actually do about it?
-
News
Kent Council fund initiates revamp of its ESG policies
Kent County Council is sprucing up its responsible ownership pension policy as climate concerns become mainstream.
-
News
TPR promises more regulatory action on ESG
On the go: The Pensions Regulator has promised more action on pension schemes’ environmental, social and governance practices, rejecting accusations that it is a laggard in this area among UK regulators.
-
OpinionThe bar is getting higher for ESG considerations
The investment community’s sense of purpose, at least as imposed by regulators, has come on a long way since greed was good on Wall Street.
-
OpinionPositive momentum behind responsible investment
Data Crunch: Despite daily news coverage, regulatory developments and a growing consensus that environmental, social and governance factors affect investment returns, many trustees struggle to engage with responsible investment practices.