Tag: Net Zero
UK Takes First Steps Toward Sovereign Wealth Fund
UK Pension Regulator Sets Targets for Reaching Net Zero by 2030, 2050
TPR said it will aim to eliminate up to 90% of emissions, while offsetting the remaining 10% with carbon credits.
Institutional Investor Group Urges Asset Managers to Deliver on Climate Strategies
A U.N.-backed alliance with $9.5 trillion in AUM warns that the entire global economic system is at risk from climate change.
Oregon Plans for Net Zero Portfolio by 2050
PMT Energy Program Starts With 49 Oil and Gas Firms, Ends With 9
The $80 billion Dutch pension fund defends keeping shares of BP and Shell after 2-year and says talking to companies is often more effective than divestment.
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.
Why Oil Stocks, Slipping Now, Have a Bright Future
The industry will be needed to bridge the long transition to net-zero from now to 2050, JPM says.
Canada Pension Plan Increases Green, Transition Investments by 20% to C$79B
Rockefeller Foundation Commits More Than $1B Over 5 Years to Climate Transition
The philanthropic organization announced the strategy is unprecedented in the foundation’s 110-year history.
CalSTRS Punishes Directors at More Than 2,000 Firms for Weak Climate Risk Disclosure
The $315.6 billion pension giant expects portfolio companies to disclose Scope 1 and 2 emissions, at a minimum.
BlackRock Launches New Zealand Strategy for Institutional Investors
The firm aims to raise $1.2 billion to invest in the country’s climate infrastructure.
CDPQ Reports It Is on Target to Reach Net Zero by 2050
NYC Pension Funds Have Reduced Emissions by up to 27% Since 2019
Global Investors Increase Focus on Portfolio Emissions
With no drop-off in reported climate commitments, implementation is the next challenge, according to Robeco research.