Exclusions & Divestments

Emails obtained by RI show manager tried to convince the state that it has worked on being 'more precise on communication' on sustainability.

UK pension pool’s proposal could see the removal of two firms on controversial weapons grounds, member fund suggests.

Oregon state pension fund faces legally mandated coal divestment, while CalPERS reiterates development of divestment mechanism.

It comes after efforts from the Singaporean central bank and GFANZ to encourage phase-out financing.

The latest developments in sustainable finance: Canada debuts sovereign nuclear green bond; NBIM warns GRI over ISSB deviations.

It will gradually phase in Paris-aligned transition plan requirements, with the first set of exclusions expected in April.

The latest developments in sustainable finance: Business Council of Australia calls for delay to climate reporting; financial institutions lag on deforestation, says Global Canopy.

Proceeds have been barred from financing ammonia co-firing in power plants following climate worries.

State's $94bn fund to examine transition readiness of sectors and may divest poor performers as part of wider net-zero strategy.

Morningstar's data also shows that ETF providers cut fees for the product class for the first time since PABs and CTBs were introduced.