Paul Verney
Bank expects to cut exposure to fossil fuels and move towards Paris-aligned products as part of commitment
Market Forces report finds asset owners including REST and Aware Super have divested A$2.5bn from key oil and gas companies
Move towards strategies with lower tracking error has seen $310bn fund nearly halve exposure to activist strategies since 2019
Government-backed body delivers climate risk review of wealth fund
As registration opens for RI USA 2021, Paul Verney takes a look at how regulatory developments are changing the country’s sustainable finance landscape
Norway’s $1.3trn wealth fund also publishes biodiversity expectations for companies
£19bn pension scheme also seeks ‘portfolio alignment tools’
Pioneering Californian scheme now has $106m in assets, but members still shun ESG option for defaults
Share structures at Facebook, Berkshire Hathaway and Tyson Foods drown out investors votes on environmental and social issues
Litigation fear behind ESG inertia among US asset owners, Legal & General’s John Hoeppner tells RI