Divesting from the oil sector has been a boon for La Caisse’s performance, as the Canadian pension giant says its energy investments have earned billions in value-add compared to the benchmark since the inception of its climate strategy. Head of sustainability Bertrand Millot unpacks the fund’s approach in an interview with Top1000funds.com.
The Responsible Asset Allocator Initiative’s Leaders List report, developed in partnership with the Fletcher School at Tufts University, analysed $21 trillion in sovereign wealth fund and government pension fund assets around the world to identify 25 leaders and 25 finalists that set a global standard of excellence in sustainable investing.
Asia's largest institutional investors help spread the ESG movement in emerging markets.
A new fund in Germany combining liquidity, dynamic equity exposure and strong ESG focus is against the mould of the country’s more conservative, insurance-led investment style, and Heribert Karch, managing director of MetallRente which offers the fund, is determined to bring a return-seeking investment culture to Germany.
Japan has been progressive in the development of a stewardship code and a corporate governance code, however to make real impact this requires asset owners need to be more proactive in holding boards and executives of their investee companies accountable.
The €21 billion Dutch pension fund, Detailhandel, is the first pension fund to incorporate SDGs into a simple developed market index.
The New York State Common Decarbonization Advisory Panel, set up to advise the Comptroller, as trustee of the $209.1 billion New York State Common Retirement Fund, on how best to mitigate investment risks stemming from climate change and maximise opportunities from the new, low-carbon economy, has handed down its report this week. It has clear lessons for all asset owners.
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