EAPF leads climate-change push
The Environment Agency Pension Fund is expanding its efforts to support a low-carbon economy and demanding that other asset owners and the entire finance industry ‘step up’ as well.
The Environment Agency Pension Fund is expanding its efforts to support a low-carbon economy and demanding that other asset owners and the entire finance industry ‘step up’ as well.
GPIF’s Hiro Mizuno and AP2’s Eva Halvarsson stressed the importance of combating short-termism at every level of the investment chain and throughout the organisation, to forge sustainability.
Investors are not getting paid for taking on carbon risk according to New Zealand Super, prompting the fund to move its global passive equities portfolio to low carbon.
Stakeholders of all stripes around the world – even in the US – vow to keep fighting climate change, despite President Trump’s decision to back the US Government out of the Paris Agreement.
Researchers make a call to action as a study reveals that despite much growth in sustainable infrastructure, it’s still not a part of core allocation strategy for many investors.
The asset-management industry is still taking more active steps to address climate risk than asset owners are, an annual Asset Owners Disclosure Project benchmark report has found.
Asset Allocation