Pension funds

Insurer and savings provider says core managers support management far more than own policy, summons them to meeting with other asset owners.

The move comes as the pension fund looks to consolidate its commitments to net-zero initiatives.

The latest ESG movers and shakers: Standard Chartered Bank names Barsky as global head of sustainability strategy; RIAA CEO O’Connor steps down after 10 years.

AP7 and CofE reverse plans to vote against CEO and chair following promise by UK energy giant to disclose lobbying activities on climate change.

Industry associations also condemn proposals to water down protections, which are intended to improve the country’s attractiveness for IPOs.

On-going procurement revealed systematic integration of sustainability factors beyond emissions would be an ‘absolute nightmare’ for UK scheme.

Asset owners and regulators express support for first standards from global sustainability reporting body.

The latest developments in ESG-related funds: Morningstar announces SDG-aligned societal development index; AXA IM launches people and planet equity fund.

The latest developments in sustainable finance: ShareAction calls for action on ethnicity pay gap reporting; Over 50% of Europe’s big banks to consider nature risks in stress tests and climate scenario analysis.

CofE votes against National Grid’s CEO and chair over climate lobbying disclosure concerns; support falls for reproductive rights proposals at US firms.