OPTrust Outlines Climate Change Investment Strategy
$15 billion fund has 7.6% of it portfolio invested in renewable energy and green real estate.
Tag: Climate Change
Legal & General Targets Eight Firms for Climate Risk Inaction
Investment firm will vote against the boards of companies for not addressing climate change.
UK MPs Call for Mandatory Disclosure of Climate Change Risks
Parliamentary committee said a voluntary approach for asset managers would not be effective.
Most UK Pensions Taking Steps to Manage Climate Risk
However, some funds are ‘worryingly complacent’ says Parliamentary committee.
Risk
NYC Pension System to Divest $5 Billion from Fossil Fuels
Seeking climate change-related damages, city files lawsuit against five major oil companies.
Newsmakers
CalPERS Urges Exxon Shareowners Vote “Yay” on Climate Change Proxy May 31
Proposal #12 looks to enhance reporting on impact of oil and gas reserves under 2-degree target and review long-term impacts.