Equities
“Not financially material” BlackRock and Vanguard’s support for climate resolutions drops
Support for climate resolutions by the world’s largest money managers, BlackRock and Vanguard, has dropped further during this year’s AGM season
Aggressive decarbonisation key to preventing stock market write-offs
Climate risk could have a significant impact on equities, with climate tipping points potentially wiping off half of global stock market valuations, researchers warn
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
Nippon Steel: shareholders back climate proposals
A closer look at Nippon's AGM reveals what climate-focused investors expect from the steel industry
“Death by a thousand cuts” - why climate risk isn’t priced in
Riccardo Rebonato, professor at EDHEC Business School doesn't believe climate change will trigger a Minsky moment, he explains why investors should still be wary of current valuations