‘CalPERS will not be silenced’ pension fund CEO warns Exxon Mobil
CalPERS CEO Marcie Frost has issued a stark warning to US oil giant Exxon, stressing that shareholders would not be silenced on climate change
Divestment
CalPERS’ Cohen takes lead of Climate Action 100+ governing committee
Michael Cohen, chief operating investment officer of the at $462.8bn US pension fund CalPERS has been appointed as chair of the Steering Committee for the investor coalition Climate Action 100+
CDPQ: ’ It is essential not to contribute to increased oil and coal production’
CDPQ's Marc André Blanchard makes the case against investing in new oil and coal projects
Should climate engagement be focused on oil companies or governments?
Jason Fletcher, former CIO at London CIV argues that while both shareholder and policy engagement have their merits, investors should not discount the potential impact of engaging with companies
Danish pension fund divests from oil and gas firms expanding in production
At Danish pension fund P+'s AGM this week members overwhelmingly backed a resolution to tighten the investors fossil fuel policy
NZI with Mona - New stewardship challenges
NZI editor Mona Dohle sat down with Tessa Younger, stewardship lead at CCLA and Vaishnavi Ravishankar, head of stewardship at Brunel Pension Partnership to discuss how investors can make their voice heard. This podcast is sponsored by CCLA
Shell under fire from investors for banking on delayed transition
Anglo-Dutch oil giant Shell has come under fire for dropping its short-term emission reduction targets, campaigners suggests the firm is anticipating a delayed energy transition.
NY Common Retirement Fund cuts fossil fuel holdings
The New York State Common Retirement Fund has announced divestments in eight oil and gas companies whilst doubling its investments in climate solutions
Not all roads lead to Paris: PFZW on navigating climate risks and engagement strategies
Colin Tissen, advisor responsible investment at PGGM, the asset manager for Dutch pension fund PFZW explains why the fund has opted to drastically cut its investments in fossil fuels
Why we should abandon climate engagement with oil and gas firms
Joel Moreland, principal consultant Social and Environmental Finance argues that there is little benefit in engaging with oil and gas firms on climate targets
Dutch pension fund divests €2.8bn from Shell, BP and other fossil fuel firms
PFZW, the €237.8bn pension fund for workers in the Dutch healthcare and welfare sector has confirmed that it has now sold off the bulk of its fossil fuel holdings, including positions in Shell, BP and Total Energies
NBIM ramps up net zero divestment and engagement
The $1.4trn manager of Norway’s sovereign wealth fund has released its responsible investment 2023 report, highlighting an increased focus on achieving its net zero commitments.
