Pension fund investors in the United States may need to prove allocations made under their environmental, social and governance policies are primarily aiming for a financial return should proposed new rules be enacted.
At the end of June, the Department …
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The committee tasked with reviewing the ethical framework of The Government Pension Fund of Norway, the world’s largest sovereign wealth fund, has proposed several changes to reflect “the evolution …
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The French securities regulator, AMF, has asked the European Commission to make all companies, irrespective of size, disclose harmonised ESG data under the EU Non-Financial Reporting Directive.
The Autorité des marchés financiers …
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Regulators: Beware of climate risks in actuarial forecasts
Regulators are warning that risks from climate change pose a significant threat to the quality and accuracy of actuarial work.
This latest warning from the Joint Forum on Actuarial Regulation – which …
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Report: Fossil fuel bank lending could torpedo capital markets
Rules governing lending to fossil fuel-intensive companies need tightening to protect investors and the financial stability of capital markets, a report has warned.
In its report, Breaking the Climate Finance Doom …
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Carney: Data interpretation key to zero carbon transition
Investors must learn how to interpret, and apply, the increasing volume of ESG data if they are to formulate successful strategies to tackle climate change, according to the former Bank of England …
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Equity investors will increasingly have to consider the physical impacts of climate change on their portfolios, according to recent guidance from the International Monetary Fund.
In a written update on its website, the …
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Managing securities lending policies in line with ESG goals, rather than halting them completely, should result in better outcomes for shareholders, research suggests.
In recent months, asset owners had been quizzing fund firms …
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Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund, has announced the exclusion of 11 companies from its NOK10.1trn (£818.5bn) portfolio on environmental grounds.
Following advice from its ethics council, Norges Bank Investment Management (NBIM), which manages …
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