To divest or not to divest? Border to Coast revisits the dilemma
Research commissioned by the British local government pool Border to Coast Pensions Partnership sheds light on the academic evidence on divestment
Divestment
NYC Comptroller’s John Adler: “Everything we do is in the name of fiduciary duty”
The head of ESG for five public pension plans talks Net Zero Investor through the rationale behind its aggressive 2040 target, putting pressure on asset managers, and the implications of a recent anti-ESG divestment lawsuit
Climate wars: US pension funds navigate political divide
Polarisation on climate issues is often less about “blue state versus red state” than “pension board versus state legislators and treasurers”
US court quashes divestment challenge against New York pension funds
A US court has backed three New York City Pension Funds’ decision to divest from fossil fuels, dismissing a case put forward by conservative members
Brunel’s Ravishankar: preventing stewardship strategies from becoming paper tigers
Vaishnavi Ravishankar, head of Stewardship at Brunel Pension Partnership takes stock of this year's AGM season arguing that climate stewardship is at an inflection point where alignment between managers and owners has to become a priority
German manager commits to challenging fossil fuel expansion
Union Investment, one of the largest managers in the German institutional market has taken further steps to cut back fossil fuel exposure across its investment fund range
Money talks: investors turn their focus to fossil fuel funders
With the AGM season drawing to a close, Net Zero Investor assesses how investors have switched their engagement focus from oil firms to banks
Now:Pensions’ Keith Guthrie on ditching third party managers and new stewardship strategies
UK master trust Now:Pension has ceased relationships with its third party managers over stewardship misalignment. NZI caught up with Keith Guthrie, head of sustainability at Cardano and Now:Pensions to find out more
‘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
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.