NYC Comptroller hails ‘clear and decisive’ victory in fossil fuel divestment lawsuit
New York’s highest court has dismissed a leave to appeal in Wong et al v. NYCERS
US
Homes, land and infrastructure offer low hanging fruit for net zero investment
Andrew Teacher, founding partner, Lauder Teacher and chair of NZI's upcoming Real Estate Summit argues that real assets have a key role to play in helping the UK transition to net zero
AXA IM Alts invests in nature-based solutions company
The investment will support peatland restoration through carbon credit projects in the US
NZI with Atharva: a tour of the asset classes with Amy O’Brien
Amy O’Brien is the global head of responsible investing at Nuveen. She joins NZI head of research Atharva Deshmukh to discuss her new book, A Field Guide to Responsible Investing: Asset Management in the Age of Polycrises. The discussion focuses among other things, on chapter aptly titled ‘A Tour of the Asset Classes’
“Political risk on steroids”: AkademikerPension CIO Anders Schelde on Trump’s clash with Ørsted
Following the Revolution Wind project stop-work order, Schelde warns of a bleak investment outlook for US offshore wind
Nuveen announces $1.3bn first close for energy infrastructure credit strategy
The North-American manager's private credit strategy will target a wide range of opportunities including renewables, storage and LNG
NYC Comptroller Lander: “Trump administration said responsible investment is bad for business, our investment professionals have proved otherwise”
The New York City retirement systems have announced an aggregate return of 10.3% surpassing a 7% target
CalSTRS overhauls SISS portfolio managers in pivot to private markets
CalSTRS has shifted its SISS portfolio exclusively to private markets, resulting in a significant year-on-year overhaul of its third-party managers
Clean energy impact of Trump’s ‘big beautiful bill’: ‘worst-case scenario has not materialised’
European clean energy stocks rallied on Wednesday morning following news that a scaled-back version of major reforms had passed the US Senate, though some parts of the clean energy sector still face challenges
US-based foundation severs ties with BlackRock
The Sierra Club Foundation has announced its decision to divest from BlackRock/Aperio in order to “safeguard its assets”, citing the asset manager’s failure to address “the systemic financial implications of the climate crisis” through its investment decisions.
Brunel’s bet on nature pays off as Microsoft signs 10-year carbon removal deal
One of the UK’s LGPS Pools is set to benefit from growing corporate demand for carbon credits
SSGA reports 63% rise in proxy voting adoption
US asset manager State Street Global Advisors (SSGA) has reported strong demand for its proxy voting offering in Q1, indicating growing investor appetite to exercise control over their holdings
US-Europe manager divergence on climate widens
The gap between European and US managers on climate action is widening further, amid growing pressures from asset owners on stewardship alignment