NYC comptroller warns managers to improve climate reporting or risk divestment
The New York City Pension Systems have presented their managers with a new deadline on climate reporting, threatening to divest from those who fail to meet expectations
Divestment
Nordea confirms quarantine for fossil fuel major
Nordea Group has confirmed an effective quarantine on TotalEnergies, with no further bonds or shares being bought amid growing concerns about the firm’s fossil fuel expansion in East Africa
‘We will not retreat one inch’: NYC pension funds double down on climate commitments
New York City comptroller pushes back against a US climate rollback, accusing Trump government of 'climate denialism'
Akademiker terminates DKK 3.2bn mandate with State Street citing ESG concerns
Danish pension fund Akademiker has confirmed the termination of its investments with US manager State Street, amid an increasing debate on stewardship alignment between long-term asset owners and US managers
‘Capital at risk’ -Sarasin & Partners divests from Equinor over climate concerns
Investment manager Sarasin & Partners has sold its shares in Norwegian oil firm Equinor, citing concerns over the firm’s transition strategy
UK master trusts step up climate efforts but face criticism over fossil fuel exposure
UK master trusts have made some progress on climate ambitions this year, with several of the largest providers ramping up their climate commitments. However, fossil fuel holdings remain a significant concern
2030 targets: how can DC investors move beyond the low-hanging fruit?
DC investors have made some progress on climate change, with most major master trusts setting net zero targets and cutting emissions. But is the hardest work still to come?
GMPF under pressure to divest from fossil fuels
LGPS fund under increasing pressure to immediately shift away from fossil fuel assets.
Why Australian Ethical has divested from Brookfield
The super fund has thus far divested from a renewable energy company and excluded a bank
Stewardship at a crossroads: should investors target policy or companies?
Is the path to net zero through corporate engagement or policy reform?
New York State’s Andrew Siwo: ‘our proxy for success is investment performance’
Ahead of New York Climate Week, Andrew Siwo, head of Sustainable Investments and Climate Solutions (SICS) at New York State Common Retirement Fund tells NZI about an eventful year