June 2025
25Jun

US. Hollywood heavyweights call on pension fund to divest fossil fuels

More than 200 actors have signed an open letter to the trustees of the SAG-Producers Pension Plan asking it to divest from fossil fuels and redirect the assets into responsible investments. Members of the Screen Actors Guild and the American Federation of Television and Radio Artists (SAG-AFTRA) union have launched the Retire Big Oil campaign. The campaign asks the US$5 billion ($7.7bn) SAG-Producers Pension Plan to phase out its coal, oil and gas holdings. It notes that while many public and private...

June 25, 2025
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25Jun

UK pensions remain committed to net-zero

UK pension schemes are increasingly committed to climate- and nature-focused investing, even amid geopolitical instability and the growing politicisation of net-zero, according to new research. The report, Climate Innovation – Investing in the Net-Zero Economy, released by Pensions for Purpose and commissioned by SAIL Investments, found that 40% of UK pension schemes now have dedicated climate allocations, while 60% regard climate risk as a core fiduciary responsibility. “In our conversations with pension funds, we found that they do not expect political volatility, particularly in the US,...

June 25, 2025
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23Jun

African Development Bank’s Commitment to Paris Alignment

The African Development Bank is fully committed to aligning its operations and investments with the goals of the Paris Agreement. This alignment supports Africa’s sustainable development, helps address climate challenges, and promotes climate resilience and low-carbon growth, in line with the Bank’s Ten-Year Strategy and the African Union’s Agenda 2063 “The Africa We Want”. PARIS AGREEMENT The Paris Agreement is a legally binding international treaty on climate change, adopted by 196 parties at the UN Climate Change Conference (COP21) in Paris...

June 23, 2025
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06Jun

PensionsEurope’s Position Paper on the European Commission’s Omnibus Simplification Proposal

By Pension Europe PensionsEurope welcomes the European Commission (EC) initiative which aims to align crucial EU legislation concerning Sustainable Finance. PensionsEurope firmly believes that the competitiveness of the EU economy is vital, it is possible to reduce the administrative burden without undermining the EU's policy objectives regarding the green transition. However, any simplification should be carefully balanced to ensure that material sustainability information on risks, opportunities, and impacts-critical to informed investor decision-making-is preserved. Accordingly, the Omnibus package should aim to streamline...

June 6, 2025
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03Jun

New York City Pension Funds Double Down On Decarbonization – New Expectations Will Impact Managers And Their Portfolio Companies

Over the last few months, most of the attention in the climate space in the U.S. has been on the dramatic, and expected, shift in federal government policy. United States New York Environment Over the last few months, most of the attention in the climate space in the U.S. has been on the dramatic, and expected, shift in federal government policy. However, some "blue state" officials continue to seek to advance decarbonization agendas. In this post, we discuss recently announced...

June 3, 2025
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May 2025
22May

Canada’s top pension fund drops net-zero emissions target

Pension and climate activist group Shift on Wednesday criticized Canada's top pension's plan to abandon its net-zero greenhouse gas emissions by 2050 commitment. The Canada Pension Plan Investment Board (CPP Investments), which manages C$714.4 billion ($516.93 billion) in assets, said it planned to abandon the commitment announced in February 2022 to make its operations and investment portfolio align with the goal. Shift said the change, covered in the FAQ section of its website, was made on Wednesday but Reuters could not...

May 22, 2025
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April 2025
24Apr

UK. Mind the gap: younger DC members care about the planet, their pension funds should take note

Today, we manage pensions for members living very different lives, different ages, different time horizons, different priorities. Yet too often, we rarely ask them: "What do you want from your money?" Younger members are already telling us. Over 80% of under-40s in the UK care about climate change. They want their savings to deliver purpose, impact, and value not just financial return and they want to be able to retire into a liveable world, not have to adapt just to survive in...

April 24, 2025
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16Apr

FSD Africa Commits GBP 10 M In ARM-Harith To Tap Nigeria’s Pension Power For Climate Equity

FSD Africa Investments (FSDAi), a UK-backed specialist development finance investor, has announced a GBP 10 M (USD 13.2 M) commitment into Lagos-based private equity firm ARM-Harith Infrastructure Investment Limited to unlock local institutional capital—specifically local pension funds—for climate infrastructure development. The investment, directed into ARM-Harith’s Climate and Transition Infrastructure Fund (ACT Fund), isn’t just another capital injection; it’s a bold attempt to solve a problem that’s kept billions in local pension assets parked on the sidelines. For years, Nigerian pension funds have been hesitant...

April 16, 2025
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March 2025
27Mar

UK. Three quarters of pension schemes have now adopted net-zero targets

Three quarters (75 per cent) of schemes have adopted net-zero targets, with more schemes than ever taking action to address climate risks, XPS analysis has revealed. The firm published a new analysis of 48 pension schemes' task force on climate-related financial disclosure (TCFD) reports to review climate change risk management and reporting approaches. This showed that three-quarters of schemes have adopted net zero targets, up from 60 per cent last year. Of these, 75 per cent have indicated clear plans aligned to...

March 27, 2025
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27Mar

U.S. Bill Seeks to Limit ESG Investments in Pension Funds

U.S. lawmakers target ESG in pensions: A U.S. bill previously rejected by Biden seeks to limit ESG factors in pension investments. InnoEnergy accounces €160B clean tech push: With focus on batteries, solar PV, and hydrogen, InnoEnergy mobilizes €160 billion for clean tech. Nvidia hit by China’s new energy efficiency rules: China’s stricter energy efficiency rules threaten chip sales. New PRI data reveals ESG investing remains strong: Report shows responsible investing is still growing despite political setbacks. U.S. lawmakers propose bill to curb ESG...

March 27, 2025
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