February 2023
20Feb

Tech Opportunities In Climate Change And An Aging Population

Tech opportunities in areas like 5-G, cloud computing, healthcare, and finance took up the last posting. This one examines opportunities in meeting two huge issues facing the world’s economies: the growing number of older retirees in populations and the big kahuna of climate change. Seldom do all the answers to these or any other problems lie in technological solutions, but tech certainly will have a role to play and a prominent one. The growing proportion of older people in the population...

February 20, 2023
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January 2023
25Jan

UK pension schemes search out forestry investments

Nest and Cushon, two UK pension schemes with combined assets of more than £26bn, are in a joint search for asset management partners to develop new forestry investment strategies to address climate change pressures. Both pension schemes believe that allocating money to forestry projects will offset environmentally damaging emissions from other investments and deliver attractive returns as the price of carbon rises to reflect the increasing costs of pollution by human activity. The schemes have set aside an initial £600mn for...

January 25, 2023
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December 2022
14Dec

Climate change could cost pension funds billions, EU watchdog says

Pension funds across the European Union would lose billions of euros from their investments in polluting industries without action to mitigate the impact of climate change, the bloc's first stress test of its kind showed on Tuesday. The European Insurance and Occupational Pensions Authority (EIOPA) said its test covered 187 pension funds from 18 EU member states with more than 1.98 trillion euros ($2 trillion) of assets, or 65% of assets in defined benefit and defined contribution schemes. The funds were...

December 14, 2022
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13Dec

Vanguard defends strategy as critics pile on after net-zero exit

Vanguard Group is under pressure to reassure stakeholders that it still cares about the climate, after becoming the target of fierce criticism from high-profile environmental advocates including Al Gore. The former U.S. vice president, who now chairs Generation Investment Management, called Vanguard's decision to quit the world's biggest climate-finance alliance "irresponsible and shortsighted." Mr. Gore also suggested the asset manager, which oversees $7.1 trillion in client funds, was out of step with the zeitgeist. It's a sentiment that was echoed by...

December 13, 2022
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08Dec

Global Public Investor 2022

By OMFIF Most central bank reserves managers are resigned to a period of higher inflation and lower returns, according to a report published today by OMFIF. More than 75% of the central banks surveyed for the 2022 edition of Global Public Investor believe inflation will be sustainably higher or more volatile for a prolonged period. Just 20% of reserves managers think inflation will be transitory. At the same time, central banks believe the new macroeconomic environment will cause their portfolios to suffer....

December 8, 2022
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02Dec

Sustainable change needs to happen from the inside out. Here’s why that needs investment

Today, the number of impact-driven startups and scale-ups with noble intentions of improving the planet are plentiful, as are their ideas for clean alternatives to dirty technologies and innovations. But unfortunately, many of these ideas are simply reinventing what already exists, whether it be a product, supply chain or distribution system. Moreover, many are trying to reinvent all those things in parallel. These attempts sometimes fail to consider what competitors are already doing out there and don't take a holistic...

December 2, 2022
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November 2022
17Nov

EU regulators seek input on greenwashing

European financial regulators issued a call Tuesday for stakeholders to help them better understand greenwashing features, drivers and risks, and to identify potential greenwashing practices. The call for evidence came from the European Union's European Supervisory Authorities, consisting of the European Banking Authority and European Securities and Markets Authority in Paris and the European Insurance and Occupational Pensions Authority in Frankfurt. In the statement, the ESAs cited "rapidly evolving regulatory regimes" as well as growing demand for sustainability-related products and "the...

November 17, 2022
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10Nov

Nordic pension funds want to increase climate investments in emerging markets and developing economies

At COP27 in Sharm el-Sheikh, Egypt, the Climate Investment Coalition (CIC), in collaboration with the Nordic Council of Ministers, presented key investor recommendations to bridge the climate finance and investment gap by 2030 towards emerging markets and developing economies. This was made alongside an overview of Nordic pension fund progress within climate and clean energy investments in 2022. Despite financial challenges and a volatile economic environment, the first wave of pension fund reporting in 2022 indicates that the Nordic pension...

November 10, 2022
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08Nov

Climate change poses a threat to health equality in the UK: The Longevity Science Panel report

The Longevity Science Panel, in collaboration with L&G, today publish a report analysing the current and future impacts of climate change on the UK's health. The research reveals that climate change will be experienced unevenly across different sections of the UK population, and may deepen health inequalities in physical and mental health in the UK. The report titled, The Effects of Climate Change on Health in the UK, shows that the most economically deprived and those who are already frail...

November 8, 2022
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03Nov

Netherlands. PFZW divests from 114 fossil fuel companies

Pensioenfonds Zorg en Welzijn, Zeist, Netherlands, sold its holdings in 114 fossil fuel companies at a value of €470 million ($468 million) because they did not yet have plans to reduce their carbon emissions. The pension fund said in a notice on its website that it had also entered into discussions with 13 major fossil fuel companies, such as Shell and BP, about their climate ambitions and how they will be net-zero by 2050. Starting in 2024, PFZW will only invest...

November 3, 2022
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