CalPERS Pledges to Boost Low-Carbon Assets to $100B
The $462 billion pension giant will more than double those assets as it aims to halve the carbon-emissions intensity of its investments by 2030.
The $462 billion pension giant will more than double those assets as it aims to halve the carbon-emissions intensity of its investments by 2030.
The philanthropic organization announced the strategy is unprecedented in the foundation’s 110-year history.
The bank’s second climate stress test showed ‘there is a clear need for speed’ to meet the goals of the Paris agreement.
It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.
Europe leads the way among institutional investors divesting from coal, according to a new report.
The full House Committee on Financial Services has scheduled an oversight hearing for the SEC next week, when climate disclosure will likely be a high priority.
Microsoft and BHP were cited the most by asset managers as providing the best climate risk information.
The strategy is part of Healthcare of Ontario’s plan to get its portfolio to net-zero greenhouse gas emissions by 2050.
Report finds tenfold jump in SWFs that see addressing climate change as consistent with their mandate.
TPR is warning trustees they could be fined up to £50,000 if they don’t provide key ESG data.