The UK government has issued a new set of sustainable finance standards for investment managers.
The new voluntary UK standard, PAS 7341:2020, sets out the requirements to establish, implement and manage the process of integrating responsible and sustainable considerations …
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Asset owners and their managers need to encourage more companies to disclose the financial impact of climate change on their businesses using an internationally recognised code, according to a new report.…
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The overwhelming majority (99%) of European institutional investors expect a convergence between ESG and non-ESG products by 2022 – and 77% of them plan to stop purchasing non-ESG products in the same year.…
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Changes to the ethical guidelines of Norway’s $1.15tn Government Pension Fund Global (GPFG) could lead to assets worth NOK 10bn (€910m) being sold off, with engagement being offered as …
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PensionsEurope has voiced concerns over the European Supervisory Authorities’ (ESAs) attempt to create templates for ESG products.
The lobby group, which represents national associations of pension funds, said the product templates are too …
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Some of the world’s biggest asset owners have rejected divestment to achieve climate goals and are instead favouring direct action and engagement.
Members of the UN-backed Net-Zero Asset Owner Alliance, including …
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UK government pensions minister Guy Opperman has signalled plans to accelerate ESG action for pension funds ahead of the milestone COP26 conference in 2021.
“The government will be making announcements …
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Minerva Analytics has been chosen to carry out an ESG audit of the Worcestershire Pension Fund as it seeks to target the UN Sustainable Development Goals.
The committee is seeking to establish a …
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China has pledged to achieve carbon neutrality by 2060 in an ambitious statement by a country that currently burns half the world’s coal.
In perhaps the most significant positive climate development …
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A range of investors and other financial market participants have poured cold water on the EU’s proposals to establish a standard classification system for sustainable investments.
The Securities and Markets Stakeholder Group (SMSG), which operates …
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