ESG Archives - Page 16 of 66 - Pension Policy International

22SepSeptember 22, 2023

Messaging on ESG strategies becoming critical, money managers say

Amid a continuing political backlash against the use of ESG in asset management — both as a term and as a part of the investment process itself — global money managers are taking action to fine-tune the language used in their messaging and engagement with clients and prospects. But it's not just in the U.S. where some money managers said they are thinking carefully about how they label their processes. Increased regulation in Europe has also put a spotlight on...

September 22, 2023

NewsESG, US

21SepSeptember 21, 2023

Higher fees for inclusion of ESG and private markets a ‘real barrier’ for DC schemes

The higher charges for incorporating environmental, social and governance (ESG) and private market investments is a “real barrier” for defined contribution (DC) schemes, which are reluctant to reverse the fall in charges seen over the past decade, according to WTW.The consultancy’s latest DC Pensions and Savings report found that average charges for DC schemes in the UK had fallen by 20 per cent, from 41 basis points in 2014 to 33 basis points in 2023.It noted that this was...

September 21, 2023

NewsDefined Contribution, ESG, Pension Management, UK

18SepSeptember 18, 2023

Investors eye sustainability upgrades for UK and European offices

Private and institutional investors are actively seeking UK and European offices that score poorly on environmental grounds in order to increase their value through sustainability improvements, research shows. According to Knight Frank’s ESG Property Investor Survey, 58% of investors plan to acquire older office assets that require sustainability improvements to meet future environmental standards. Among the surveyed investors, only 22% aim to sell poor-performing properties, while 76% plan to enhance or improve their current buildings. However, 40% of 'core' investors do intend...

September 18, 2023

NewsESG, Pension Management

11SepSeptember 11, 2023

Net zero and ageing populations risk higher taxes, warns City bank

The transition to net zero and pressures from ageing populations risk pushing up the tax burden, a City bank has warned. Analysts at BNP Paribas, a French multinational bank, said that spending demands from several economic shifts meant states would likely be permanently bigger. As a result, Marcelo Carvalho, the global head of economics, said: “I think it’s very unlikely that the tax burden is going to go down meaningfully anywhere in the world. “It’s more likely that it either stays where...

September 11, 2023

NewsAging, ESG, Taxation

08SepSeptember 8, 2023

Review of climate-related disclosures by occupational pension schemes

By The Pensions Regulator From 1 October 2021, new regulations came into effect for trustees of certain schemes aimed at improving governance and reporting of climate-related risks and opportunities. Reports under these regulations started to be published from mid-2022. Here, we set out our preliminary observations and feedback to industry, based on our review of a selection of the tranche one climate-related disclosures published by occupational pension schemes Libro completo “aquí”

September 8, 2023

Books, Books, Reports, System Characterization2023, Climate crisis, ESG, Regulation, UK

07SepSeptember 7, 2023

Research finds pensions struggle to determine metrics for ESG goals

There’s no one-size-fits-all approach for pension funds looking to use an environmental, social and governance lens in their investment approach, according to a new publication from the pension research council at the Wharton School of the University of Pennsylvania. Olivia Mitchell, a professor and executive director of the pension research council at the University of Pennsylvania’s Wharton Business School and one of the editors of the volume, says institutional investors are split over the long-term value of an ESG approach between pursuing...

September 7, 2023

NewsESG, Pension Management, Regulation

06SepSeptember 6, 2023

U.S. Public Pension Plans Sustain Support for ESG Resolutions

Political rhetoric about the aims and efficacy of environmental, social, and governance-focused investing has turned heated in the past year. Public pension funds—irretrievably tied to politics by nature of their public funding—continued demonstrating strong support for ESG shareholder resolutions in the 2022 proxy season, according to a Morningstar review of some of the largest U.S. pension funds. The full study can be found here. These resolutions varied from calls for companies like Costco COST and Berkshire Hathaway BRK.A to reduce greenhouse gas emissions to proposals for...

September 6, 2023

NewsESG, Public Pensions, US

06SepSeptember 6, 2023

Pension Funds Want ESG Ratings ‘Oligopoly’ Broken by EU

Europe’s pensions industry wants regulators to end the dominance of some ESG ratings firms, amid concerns that the existing market dynamic is hurting competition and driving up prices. The absence to date of regulatory controls has enabled the “dominance of major players,” which has “negatively impacted smaller entities,” PensionsEurope said in a hearing response to the European Commission. That’s “led to higher prices, barriers to entry, reduced market competition and limited innovation,” it said. The EU’s executive arm proposed a major crackdown of the...

September 6, 2023

NewsESG, EU, Regulation

01SepSeptember 1, 2023

Exploring the Impact of Information Environment on ESG Disclosure Behavior: Evidence from National Pensions and Foreign Investors

By Jong Won Choi, Suk Hyun & Ju Hyoung Park This study examines the impact of institutional investors on the environmental, social, and governance (ESG) disclosures of Korean companies listed on Bloomberg from 2011 to 2020. We find that while institutional investors encourage general ESG disclosure, they do not influence materiality-based ESG disclosure. Interestingly, materiality-based ESG disclosures decrease when institutional investors are major shareholders, suggesting a potential decline in disclosure quality. The study also finds a positive relationship between materiality-based...

September 1, 2023

Articles, Pension Management2023, Corporate Governance, ESG, Regulation

01SepSeptember 1, 2023

Swiss pension funds consider high costs as main obstacle to invest sustainably

Swiss pension funds consider high costs arising from the integration of ESG standards into their investments as the main obstacle for the implementation of an effective sustainability strategy, according to a study consulted by the Swiss government. ESG investments require a certain amount of capital to deploy for research, as those strategies can be carried out internally or through the involvement of external service providers, mandating asset managers or advisors, or via the providers of ESG financial products, for example...

September 1, 2023

NewsESG, Investment, Pension Management, Switzerland

September 2023