Uncategorised posts
Investors demand company action on climate change
Some of the world’s largest investors have outlined their expectations of how companies should respond to climate change.
SAM RILEYJanuary 20, 2012
Uncategorised posts
DiNapoli: fund focuses on economic growth
Pension funds are “perpetual investors” and should promote long-term, sustainable economic growth through integrating environmental, sustainability and governance considerations into investment decisions, New York State Comptroller Thomas DiNapoli says.
SAM RILEYJanuary 18, 2012
Uncategorised posts
Investors take strong action on climate risk
One year after a ground-breaking Mercer report into the potential impact of climate change on portfolio performance, more than half of investor participants have decided to include climate change considerations into risk management and/or strategic asset allocation decisions.
SAM RILEYJanuary 13, 2012
Sustainability
Fiduciary duty to push for climate change action: CalPERS CEO
CalPERS chief executive Ann Stausboll told delegates at an investor summit on climate change held in New York this week that the fiduciary duty of pension funds should extend to issues outside the parameters typically understood as being directly related to beneficiaries’ financial interests. Stausboll said it is a fiduciary duty of investors not only […]
SAM RILEYJanuary 13, 2012
Sustainability
Investors’ climate summit
After a tentative agreement was achieved by global leaders in Durban in December more than 500 global investors will meet at the United Nations next week to discuss the investment needed to address climate change. The chief executive officers of CalPERS and CalSTRS, as well as the comptrollers of New York’s state and local public […]
SAM RILEYJanuary 6, 2012
Uncategorised posts
Who pays for climate fund still up in the air
The formal approval of the Green Climate Fund (GCF) was a critical outcome of the UN climate change conference in Durban, according to Deutsche Bank Climate Change Advisors, but the lack of funding for the GCF remains a concern.
Amanda WhiteJanuary 6, 2012