OMFIF: public pension funds at forefront of net-zero transition
The Official Monetary and Financial Institutions Forum’s 2022 Global Public Pensions report reveals that most funds have accelerated their drive towards sustainable finance.
Transition
HSBC to ‘stop new oil and gas funding’
The banking giant’s move will send ‘shockwaves’ through the fossil fuel industry and put the spotlight on other financial institutions.
Timmermans: ‘we can’t solve energy crisis at expense of climate crisis’
The European green Deal vice-president was one of a number of speakers at PRI conference to highlight the need to end new fossil fuel investments.
Birol: 1.5 degrees target ‘is not dead’
The International Energy Agency’s executive director stresses at the UN PRI conference that the Paris Agreement is not impossible to achieve.
UN PRI mounts defence of embattled ESG
Meeting in Barcelona for its first in-person conference in three years, the organisation stressed that ESG had moved from ‘niche to mainstream’.
Investor reflections on ‘subdued’ COP27
Investors have welcomed progress on energy security and biodiversity at COP27, despite the subdued mood among participants.
Infrastructure investment and the net-zero transition
James Baldwin from LCP explains why infrastructure assets, despite their reputation as high emitters, can provide an opportunity for net-zero investors.
PAAO progress report highlights value of commitment over quick fixes
Prolonged engagement activities must run parallel to decisive action, inaugural progress report from asset owner body urges.
Anatomy of a pension scheme’s carbon reduction
Net Zero Investor speaks with Legal & General Investment Management’s Nicola Lonergan about achieving carbon footprint reductions in one of the UK’s largest occupational pension schemes.
Coal’s decline needs ‘rapid’ acceleration, argues IEA
New International Energy Agency report calls for greater mobilisation of assets to further encourage major economies away from coal-powered electricity.
COP27: Ninety One’s Du Toit calls for end to virtue signalling
Speaking at a COP27 panel session, Ninety One Asset Management’s Hendrik du Toit explained why greater cooperation between different parts of the value chain can help tackle climate change.
COP27: UK Transition Plan Taskforce publishes disclosure framework
The framework encourages the development of standardised, gold standard transition plans to support a net-zero economy.
DC roundtable: the pensions’ pathway to net zero
Net Zero Investor convened a group of defined contribution (DC) investment practitioners and consultants to discuss how schemes are developing a response to and a strategy for net zero.
COP27: where carbon markets go from here
What can be done to increase participation in carbon markets and help improve the quality of carbon credits?