Many Institutional Investors Confuse ESG with Socially Responsible Investing
White paper says purpose of ESG is to improve financial performance, not change the world.
Tag: ESG
Asset Allocation
Op-Ed Scolds Harvard’s ‘Rapacious’ Land Investments
Former overseer Kathryn Taylor, two student advocates call for a ‘new direction’ for endowment investments.
Alternatives
Four Nordic Pension Plans Commit $700 Million to Renewable Energy
Investments will mostly target Asia and Latin America but may dabble in other markets
Asset Allocation
CPPIB, Piramal to Launch $600 Million Renewable Energy Trust
Canadian pension will contribute lion’s share and own up to 60% of venture.
Asset Allocation
CDPQ and Lightsource BP Beam Capital into Solar Power Projects
The $173 million in debt financing is part of the Canada fund’s greener, low-carbon investment mission.
Newsmakers
Papa John’s Founder Is Bailing, Good News for Hedge Fund
With the disgraced John Schnatter selling his stake, hedge operator Starboard gets a decent shot at a turnaround of the pizza company.
Newsmakers
CalSTRS Expected to Support Carbon Pricing
Plan will look at corporations’ policies on the issue as it examines their sustainability policies.
Asset Allocation
ABP Comes Closer to Reaching Sustainability Goals
How the biggest Dutch fund boosted its ESG investments in 2018.
Newsmakers
Norway Pension Fund Honcho Questions ESG Mandates
Yngve Slyngstad, who manages the money of the world’s largest sovereign wealth fund, thinks environmentally minded rules may hurt returns.
NY Pension’s Fossil Fuel Divestment Efforts Facing Stalwart Opposition
Opponents of the bill cite New York’s potential influence on the rest of the country.
Newsmakers
CalPERS Puts ‘Laser-Like Focus’ on ESG, Board Diversity, and Executive Pay
Says actions from Climate Action 100+ initiative are starting to bear fruit.
Research
New York Common Must Have 100% Sustainable Investments by 2030, Study Urges
Six-member advisory group calls on pension plan to adopt carbon-neutral goal of Paris climate accord.
ESG Interests Are Increasing Among Family Offices
Environmental interests remain the key investment focus for organizations set up for the wealthy.
Newsmakers
New Zealand Super to Divest from Seven Gun Companies
Christchurch shootings, tighter firearm laws make for a quick decision from fund’s guardians.
CDPQ Raises Low Carbon Asset Target to C$32 Billion in 2020
Pension fund reduced the carbon intensity of its portfolio by 10% in 2018.