US public pension funds lag on climate
Only 16 of the 74 largest public pension plans in the US mention ESG or responsible investing in their public documents. Scott Kalb looks at why the US is so far behind.
Only 16 of the 74 largest public pension plans in the US mention ESG or responsible investing in their public documents. Scott Kalb looks at why the US is so far behind.
Scientific Beta has critiqued the proposals of the TEG on climate benchmarks, arguing they are unduly influenced by commercial interests and do little to discourage greenwashing or support decarbonisation efforts in the real economy.
The crisis in China is far from over. But the Sustainable Finance Institue’s Huang Zhong and Cary Krosinsky, author of the upcoming Modern China: Financial Cooperation for Solving Sustainability Challenges, argue it is never too early to look at what went wrong. They argue if the Chinese government and its ruling party applied some basic sustainable investment principles, it would have taken a very different approach towards critical stakeholders such as Dr. Li and potentially avoided some of the negative consequences.
The UK’s £30 billion Brunel Pension Partnership is taking investing in a carbon zero future to a whole new level. It has just published a far-reaching Climate Change Policy filled with actions and deadlines linked to the goals of the Paris Agreement.
As global temperatures rise, so does investment risk. Investors cannot afford to ignore climate change in 2020, says CEO of CDP, Paul Simpson
The largest asset owners should care about the stewardship difficulties facing asset owners with less than £20 billion in assets.
Sustainability Digital – Sept 2021