Newsmakers
ExxonMobil, Shell Among 10 Oil companies Dumped By Danish Pension Fund
The move is part of MP Pension’s 2020 ESG plans, which favor the Paris Agreement.
Tag: ESG
Newsmakers
Norway’s KLP Pressures Agribusiness, Investors to Save the Amazon
$80 billion fund seeks action to end ‘devastating environmental damage.’
Newsmakers
CalSTRS Seeks to Join Lawsuit to Reform Facebook Governance
Pension fund says litigation will allow it to ‘protect Facebook’s profitability.’
Proposed Bill to Require Companies to Disclose Climate Risk
Legislation would require SEC to issue climate risk disclosure guidelines.
Research
Most Hedge Funds Don’t Consider ESG Factors When Stockpicking
Skeptics remain in the industry, but overall allocations are improving.
Research
Ontario Teachers’ Pension Releases Inaugural Climate Report
Fund details how it works climate risk into investing its nearly $150 billion in assets.
Denmark’s PenSam Excludes 26 More Oil Firms
Fund keeps Shell and BP for now, but it will still watch the companies it did not divest from to see if—and how—their ESG efforts are improving.
Newsmakers
Exclusive: Don’t Be a Laggard; Legal & General Head Encourages Companies for Green Action
Head of US Stewardship and Sustainable Investments John Hoeppner explains the strategy behind firm’s Future World funds.
Newsmakers
Wide Index Use Means ESG-Minded Investors Own Private Prison Stocks
That’s how lock-up companies, in poor odor lately, end up in top pension portfolios.
Newsmakers
Danish Pension Debuts Line of Sustainable Products
AP Pension believes new employees will invest 25% of their pension in sustainable line.
Research
Female-Inclusive Investment Committees Are Outperforming Their Peers
Data shows gender-diverse investment teams help expand their thinking and strategic options.
Newsmakers
Boosting Diverse Managers Needs a Big Push, Says Chicago Teachers’ CIO
Key to this, pension official Angela Miller-May tells a US House panel, is requiring a set level of minority and female outside advisers.
PLSA Issues ESG Compliance Guide for UK Pensions
New requirements for DB, DC plans take effect October 1.
Giant Investment Coalition Call for Climate Action From G20 Leaders
Alliance of pension and other institutional investors, managing $34 trillion, is worried about “ambition gap” in meeting Paris Agreement’s goals.
Large Investor Coalition Pressures ESG Disclosure on 700 Companies
With backers worth $10 trillion, the group includes the Washington State Investment Board and the New York Common Retirement Fund.