More ambition needed from asset managers on fundamental labour rights

Sharan Burrow general secretary of the ITUC and Pa
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La Caisse’s oil exit pays off as renewables portfolio pulls ahead of fossil fuels

La Caisse’s oil exit pays off as renewables portfolio pulls ahead of fossil fuels

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.

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Trustee standards set by Rest case

Earlier this month the Australian fund, Rest, settled a case with one of its members, Mark McVeigh, who claimed the fund breached its duty by not properly considering the risks posed by climate change. Here, McVeigh's lawyers write exclusively for Top1000funds.com and explain the significance of the case for pension funds around the globe.

Merger progresses company ESG reporting

SASB and IIRC merge to form the Value Reporting Foundation, a move that is in direct response to calls from global investors and corporates to simplify the corporate reporting landscape.

Investors need to get behind materiality

Oxford University professors Richard Barker and Bob Eccles explain why they are calling for investor support for an IFRS Foundation Sustainability Standards Board, which would focus its efforts on the sustainability information most relevant to investors.

Pension transparency needs a benchmark

A new Global Pension Transparency Benchmark – the first formal collaboration between Top1000funds.com and CEM Benchmarking - will launch in February 2021 ranking countries, via their underlying pension funds, on four factors: governance and organization; performance; costs; and responsible investing.

Investors wary of a fragmented world

As geopolitical risks increasingly stalk developed markets, asset owners sifting through the noise for long-term trends believe a fragmented world is here to stay. We spoke to CalSTRS, OPTrust, PFA and USS about the impact on their portfolios.

Climate risk is investment risk: Fink

The reallocation of capital towards sustainable companies is happening in real time and will accelerate, according to Larry Fink who is investing in technology and people to develop systems that can prove “climate risk is investment risk”.

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