SWFs need to move on climate
Sovereign wealth funds need to take immediate action to mitigate the effects of climate change, according to a first of its kind survey of sovereign wealth funds.
Sovereign wealth funds need to take immediate action to mitigate the effects of climate change, according to a first of its kind survey of sovereign wealth funds.
Ontario Teachers' has launched its plan to reach net-zero portfolio emissions by 2050, the culmination of a decade of work by the fund in addressing climate change. Amanda White looks at the fund’s climate journey, which has significant lessons for other funds looking to move to net zero.
The crisis has accelerated the industry’s adoption of technology for manager due diligence an area where it has traditionally lagged, according to founder of Inalytics Rick di Mascio who after 30 years in the job knows how to identify manager skill.
The CalPERS board is considering whether to require a new CIO to transfer all of their personal stock holdings into a blind trust while they are a CalPERS' employee. The move follows the resignation of Ben Meng as CIO last year after an ethics investigation related to some of his personal investments.
Two of the world’s largest asset owners are putting pressure on Amazon to reveal exactly how it is protecting its workers from COVID-19. It’s a move indicative of the investor mood to focus attention on human and labour rights among investee companies, with a particular spotlight on the tech sector.
Three prominent Chicago Booth economists have called for more targeted spending by the US government to more effectively manage the disruption to the economy, but they are not worried about inflation in the near term.
Sustainability Digital – March 2021