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UK and European clients want to know managers' alternative plans, express ‘disappointment’ over dropouts.
Public sector pension funds hold the line on collaborative engagement initiative after House Judicial Committee letter.
Commonwealth Bank of Australia leans on CA100+ framework to cut ties with clients lacking credible transition plan.
Latest departures from collaborative engagement initiative include leading responsible investment firm and B Corp.
One in 10 recipients of letter from House Judiciary Committee has left collaborative engagement initiative.
At least six US investors have have left the collaborative engagement initiative as right-wing lawmakers turn the screws on members.
California pension fund also issues warning to asset managers on voting.
US asset management giants left voluntarily in May, climate investor network confirms.
The latest developments in sustainable finance: Exxon shareholders re-elect board directors; Swedish government votes to adopt CSRD bill.
M&G Investments, Meeschaert AM and MN have quit as engagement leads for the French energy giant, Responsible Investor has learnt.