Research shows that ESG strategies that focus on companies’ fixed climate scores, rather than performance metrics, risk undermining the much-needed energy transition to net zero
With the US Congress divided over proposed climate and infrastructure bills, and plenty of financial sector opposition to President Joe Biden’s plans, major North American retirement funds stress the need for environmental policy stability.
A recent essay by the former global head of sustainable investing at the world’s largest asset manager poured scorn on the climate claims of ESG investment strategies. But experts argue that while ESG investing is far from perfect, it still has a significant role to play in helping to achieve net zero.
Science-Based Targets are a vital starting point for a company’s transition plan, but the inclusion of high-emitting coal companies on the initiative's approval list presents problems for investors forming policies around them.
The second-biggest US pension fund’s sustainability and stewardship director, Kirsty Jenkinson, outlines new strategies to decarbonise its investment portfolio and improve diversity in the corporate world.
Passive investing has been posed as a threat to the planet – but how far does the data support these claims?
The idea of incorporating gross national happiness into mainstream economic thought has long been a subject reserved for debating societies and 'lefty' thinkers. As politicians are cornered into taking immediate action on climate change, capitalism is in for a big surprise.
Recently criticised for failing to deliver returns above their peer group, gender lens funds are under immense scrutiny to up their game. And while legitimate concerns exist about how they are marketed, the lack of suitable companies remains a serious problem.
The A$150bn pension fund is using its financial heft to address modern slavery and has developed a risk-assessment tool to support its reporting requirements. But while some asset managers have shown overwhelming support, others are still burying their heads in the sand.
The year to date has seen record-breaking support for shareholder resolutions, with asset managers such as BlackRock and Vanguard stepping up their stewardship. However, a lack of data on the real-world impact means the jury is still out on their efficacy.
Border to Coast Pensions Partnership, one of the largest British retirement asset pools, is developing its approach to ESG data as it ramps up its focus on private markets, carbon measurement and diversity issues. The institution's head of internal management gives Capital Monitor the lowdown.