AI Energy Drain Among Issues Facing ESG Investors
Data center energy needs, human rights and plastic pollution are among trends for investors to watch, according to ISS ESG.
ESG
GPIF External Managers Rank Microsoft, Enel Tops for Climate Disclosure
According to the $1.68 trillion Japanese pension giant, Microsoft “is undoubtedly a leader on climate reporting.”
Dutch Pension Fund Seeks Divestment from BlackRock
PME Pensioenfonds is considering the future of the 5 billion euros it has with the asset manager after it left the Net-Zero Asset Managers Initiative.
Net Zero Asset Managers Initiative Pauses Activities Following BlackRock Exit
The NZAM suspended activities and removed an online signatory list while reviewing how the organization fits into a ‘new global context.’
BlackRock Exits Net Zero Asset Managers Initiative
The $11.5 trillion asset manager leaves amidst an ongoing pushback against ESG investing.
Maryland Pension to Add Climate Advisory Panel
The board of the Maryland State Retirement and Penson System seeks three outside experts to assist the fund in achieving a sustainable portfolio.
Institutional Investors Representing $9.4T Have Set Decarbonization Targets
81 members of the UN’s Net-Zero Asset Owner Alliance plan for net-zero portfolios by 2050.
Investing in the Inputs
How investors are capitalizing on the need for sustainable building materials.
Taking Wing: Renewable Aviation Fuel Could Have a Strong Investment Future
Chevron and smaller companies bet that animal fats, trash and sugar, among other offbeat things, will power airplanes.
Evaluating the Impact of Climate Change on Investments
Eroding profits would happen gradually, but the result would still be horrendous, scholar Rebonato warns.
Economic Damage From Climate Change Could Dent Global Income by 19% Over 25 Years
Study also finds that the costs of climate change damage is significantly more than the cost to limit global warming.
BlackRock, Temasek JV Fund Surpasses Target With $1.4 Billion Close
Decarbonization Partners aims to invest in firms that support the acceleration of decarbonization.
SEC Climate Rule Will Reduce Information Asymmetry, Protect Investors, Congressman Says
Representative Sean Casten, in an interview with CIO, explained the SEC’s new rule will insulate less-sophisticated investors from climate risk.
South Carolina Bill Seeks to Shield Agriculture Firms From ESG Requirements
The Farmers Protection Act is the latest pushback by Republicans to prevent financial firms from applying environmental, social, and governance standards.
NYC Pensions Negotiate Worker Safety Deals With Major Telecoms Companies
SBA Communications, American Tower, and Crown Castle have agreed to increase disclosures about tower site safety.