ESG Archives - Page 25 of 68 - Pension Policy International

23FebFebruary 23, 2023

U.K. Pensions Regulator tells retirement plan trustees to disclose ESG data or face fines

The U.K. Pensions Regulator warned Wednesday that retirement fund trustees could be fined if they don't report on ESG and climate change investments. TPR said in a news release it will launch a campaign in the spring that will check if trustees are publishing ESG data in their statement of investment principles, which outline how retirement funds invest. Since 2019, retirement funds have been required to publish ESG policies on plan websites to show ESG investments to plan participants. They are...

February 23, 2023

NewsESG, Regulation, UK

22FebFebruary 22, 2023

Buenas prácticas en torno a la inversión sostenible

Por Consejo Coordinador Empresarial La transición hacia una economía sostenible requiere aumentar el financiamiento a través de proyectos e iniciativas que brinden beneficios tanto económicos como no-económicos y que estén direccionados hacia empresas que contribuyan positivamente a la sostenibilidad. La inversión sostenible combina la inversión tradicional con conocimientos relacionados a la sostenibilidad al integrar consideraciones ASG (ambientales, sociales y de gobernanza) en la toma de decisiones de inversión. El financiamiento sostenible permite reorientar los flujos financieros hacia inversiones sostenibles, al incentivar al...

February 22, 2023

Inversión, Libros, Libros2022, Administración de Pensiones, Buenas prácticas en torno a la inversión sostenible, ESG, Inversión, Mexico

21FebFebruary 21, 2023

ESG: EU Regulatory Change and Its Implications

Despite the sharp change in the financial landscape over the past year and an increasingly challenging macroeconomic climate, investment focused on environmental, social and governance (ESG) factors is set to grow. Global ESG assets may reach $50 trillion by 2025, one-third of the projected total assets under management globally, from $35 trillion in 2020. [1] Climate-related challenges, in particular, have come to the fore given the experience of unprecedented heat waves in parts of Europe, forest fires in the...

February 21, 2023

NewsESG, EU, Regulation

16FebFebruary 16, 2023

Denmark’s AkademikerPension takes on the banks financing fossil fuels

Denmark’s AkademikerPension, the member-owned pension fund for 150,000 academics, has just notched up another important milestone in its ambitious sustainability strategy. Pressure from the fund’s CIO and chief financial officer Anders Schelde on Denmark’s Dankse Bank contributed to the lender announcing plans to end new financing to oil and gas E&P companies that don’t have a credible transition plan in line with the Paris Agreement. Last year, Schelde stood up and challenged Dankse executives at the bank’s AGM, the only...

February 16, 2023

NewsDenmark, ESG, Investment, Pension Management

13FebFebruary 13, 2023

US. Attention to ESG grew in 2022 along with headwinds

It is tricky to say which was a more volatile issue in 2022 for public pension funds operating under ESG principles — the politics or the markets. They managed to navigate both, and this year many of them are even ratcheting up their sustainable investing agendas. Some, like the $61.4 billion Maryland State Retirement and Pension System, Baltimore, took a page from the largest U.S. funds that added ESG specialists for their investment divisions. Although Maryland CIO Andrew Palmer first formed...

February 13, 2023

NewsESG, Pension Management, US

09FebFebruary 9, 2023

Eight funds breached EU sustainability rules, says Danish watchdog

Denmark's financial watchdog has ordered the companies behind eight sustainability funds to take remedial action after finding they had violated European Union disclosure rules on such investments. The watchdog said failings included a lack of clear, adequate and comprehensive information on the funds' sustainable investment objectives. Financial regulators across Europe have increased scrutiny of how fund managers are meeting reporting requirements of the EU's Sustainable Finance Disclosure Regulation (SFDR), which aims to prevent so-called greenwashing of environmental or sustainability credentials. "It is...

February 9, 2023

NewsESG, EU, Pension Management

26JanJanuary 26, 2023

US. Cryptocurrency Was Sold To State And Local Pensions As ESG

Senator Katie Muth, a Board Member for the $40 billion Pennsylvania State Employees’ Retirement System (PSERS) will never forget the first meeting of the pension board she attended and the ESG presentation she heard which included cryptocurrency as a solution for the un-banked in African countries. “I was really looking forward to the ESG presentation but was very confused as to how blackbox fake currency could improve the lives of people suffering from economic hardship on the continent. The...

January 26, 2023

NewsCryptocurrency, ESG, Investment, Pension Management, US

24JanJanuary 24, 2023

Europe’s Biggest Pension Fund Issues ESG Warning to Banks

One of Europe’s biggest investors is putting banks on notice and may start exiting the sector unless it sees proof that claims of portfolio decarbonization are matched by action. “The financial sector has really lagged,” said Dominique Dijkhuis, a member of the executive board and head of investments at ABP, which is Europe’s largest pension fund. “If you say you’re committing to a climate course and then still actively granting loans to new fossil products, that’s just not aligned.” ABP is...

January 24, 2023

NewsESG, Investment

20JanJanuary 20, 2023

‘Voluntary action alone isn’t going to cut it’: watchdog group calls for climate reporting requirements for Canada’s $4-trillion pension fund industry

After highlighting “a huge disparity” among Canada’s largest pension funds when it comes to reporting and action on climate priorities, a watchdog group is calling for broad-based regulation for the financial sector that would “level the playing field” and require Canada’s giant pension funds to produce credible climate plans, and be held accountable for meeting them. Adam Scott, executive director of the climate-focused charitable initiative Shift, told The Hill Times that his team’s analysis shows some Canadian funds are “making...

January 20, 2023

NewsCanada, ESG

19JanJanuary 19, 2023

4 largest asset managers diverge on ESG voting – ShareAction report

The world's four largest asset managers — BlackRock, Vanguard Group, Fidelity Investments and State Street Global Advisors — voted for fewer environmental and social resolutions in 2022 than the previous year, according to research published Tuesday by shareholder advocacy group ShareAction. The four managers supported 20% of environmental or social resolutions in 2022, down from 32% in 2021 and noticeably lower than the voting recommendations of proxy-voting advisers Institutional Shareholder Services and Glass Lewis, ShareAction found. ShareAction also found that members...

January 19, 2023

NewsESG, Investment

February 2023

U.K. Pensions Regulator tells retirement plan trustees to disclose ESG data or face fines

Buenas prácticas en torno a la inversión sostenible

ESG: EU Regulatory Change and Its Implications

Denmark’s AkademikerPension takes on the banks financing fossil fuels

US. Attention to ESG grew in 2022 along with headwinds

Eight funds breached EU sustainability rules, says Danish watchdog

January 2023

US. Cryptocurrency Was Sold To State And Local Pensions As ESG

Europe’s Biggest Pension Fund Issues ESG Warning to Banks

‘Voluntary action alone isn’t going to cut it’: watchdog group calls for climate reporting requirements for Canada’s $4-trillion pension fund industry

4 largest asset managers diverge on ESG voting – ShareAction report