More ESG news – Page 7
-
NewsEnvironment Agency fund races ahead of emissions targets
On the go: The £4.3bn Environment Agency Pension Fund is ahead of its target to cut emissions exposure to coal, oil and gas, according to its new stewardship report.
-
OpinionWhy organisations should think radically about green pensions
Cushon chief executive Ben Pollard issues a call to arms to the industry on thinking about green pensions.
-
-
NewsActivists target Federated Hermes at local government pensions summit
On the go: Climate campaigners have protested outside a local government pensions conference, specifically targeting one of the event’s headline sponsors, investment manager Federated Hermes.
-
NewsNine new pension funds sign up to UK Stewardship Code
On the go: HSBC Bank (UK) Pension Scheme, Royal Mail Pension Plan, and the NatWest Group Pension Fund are among the nine new pension schemes that have successfully signed up to the UK Stewardship Code.
-
NewsLGPS Central to break even on cost savings by 2023
On the go: LGPS Central, which manages around £49bn in assets on behalf of eight Local Government Pension Scheme partner funds, expects to break even on cost savings by 2023.
-
NewsFirst LGPS climate risk reports due by December 2024
The first Local Government Pension Scheme climate risk reports will be completed by December 2024, with which administering authorities will set out their strategies and metrics for managing climate-related risks and opportunities, according to a new government consultation.
-
NewsPrivate markets managers ‘failing to provide climate data’
On the go: Private markets managers “seem generally unprepared to support clients” with the data they need to meet their Task Force on Climate-related Financial Disclosures requirements, Hymans Robertson has said.
-
-
NewsAre record energy profits creating an ethical quandary for trustees?
By Tom Higgins | August 12, 2022
-
NewsRailpen stands by investment in Chinese government debt
The manager of the Railways Pension Scheme has stood by the scheme's decision to invest in Chinese government bonds in 2021, despite allegations of human rights abuses committed by the country's government.
-
NewsCalls for stewardship code to engage members as well as managers
On the go: The Financial Reporting Council’s stewardship code must “look both ways” and engage members as well as asset managers in developing guidance and standards, according to fintech company Tumelo.
-
NewsLGPS responds to Israeli settlements database complaint
The Local Government Pension Scheme’s advisory board has provided an update regarding a database that lists companies active in the occupied Palestinian territories, after the UK Lawyers for Israel criticised the LGPS's summary of a January meeting with the then-UN special rapporteur on human rights in the occupied Palestinian territories, Michael Lynk.
-
NewsNest invests £200mn in offshore wind farm
On the go: The £24bn National Employment Savings Trust has acquired a stake in an offshore wind farm.
-
NewsRailpen takes joint majority stake in battery energy storage platform
On the go: The Railways Pension Scheme, which manages more than £37bn in assets, has jointly acquired a majority stake in a battery energy storage company with the Alberta Investment Management Corporation.
-
NewsTPT Retirement Solutions makes £75mn impact investment
On the go: The £13.6bn TPT Retirement Solutions, which has £11.3bn in defined benefit assets and £2.3bn in defined contribution assets, has made a circa £75mn impact investment through its DC master trust default fund.
-
-
NewsPension savers prioritise returns over ‘investment big bang’
On the go: Less than a fifth of pension savers think that investing their pensions in companies or assets that would benefit their local area should be prioritised, new research has revealed.
-
NewsClearGlass: Passive ESG funds provide value for money
On the go: Passive environmental, social and governance funds are cheaper and outperform their non-ESG equivalents, representing value for money, according to a study by ClearGlass Research.
-
NewsTwo-fifths of fiduciary managers do not actively influence voting
On the go: Forty-two per cent of fiduciary managers do not actively influence the voting activities of underlying assets or managers when looking at environmental, social and governance issues, new research has revealed.