Davos sustainability

Global companies attending the World Economic Forum (WEF) annual meeting in Davos have made sustainability commitments on recycling and renewable energy.

The Ellen MacArthur Foundation, which is campaigning for a circular economy in the use of materials, announced in …

Read More
lobbying

Larry Fink, chairman and chief executive of BlackRock, has stated his commitment to the role of the global investment giant as a steward for the companies in which it invests in his annual letter to chief executives.

As a …

Read More
New York City climate change

New York City Mayor Bill de Blasio, has announced that the city has filed a lawsuit against the five largest investor-owned fossil fuel companies as measured by their contributions to global warming.

New York will be seeking damages from BP,

Read More
CalSTRS Jana Partners Apple

Activist institutional investors, the public pension fund CalSTRS and Jana Partners, have begun a campaign calling on the technology giant, Apple, to consider the evidence that children that are excessively using electronic devices, such as its I-phone, may be …

Read More
US climate resolutions

Four of the top ten largest asset managers in the US voted in support of a climate change-related shareholder resolution for the first time ever during 2017 research by Fund Votes for the pressure group, Ceres has found.

The asset …

Read More
BHP climate change
Global mining and oil company BHP said it intends to pull out of the World Coal Association (WCA) over its position on climate change. This follows the publication of a review of industry associations that have an active position on
Read More
pensions trustees ESG

Responsible investment pressure group ShareAction has welcomed the UK government’s interim response to recommendations made by the Law Commission earlier this year which concluded that there were no legal or regulatory barriers to pension funds, whether defined contribution or defined …

Read More
climate-related financial disclosures

The Task Force on Climate-Related Financial Disclosures (TCFD) has revealed it has public support from 237 companies with a combined market capitalisation of over $6.3 trillion, which includes 150 financial firms responsible for assets of over $81.7 trillion. The TCFD

Read More
climate risks
French banks are taking the lead on managing climate-related risks according to research by responsible investment pressure group, ShareAction.

While French banks have shown leadership in green banking encouraged by legislation ShareAction said that few European banks have yet

Read More
pensions trustees ESG

Pension plans across Europe believe environmental, social and governance (ESG) will become an increasingly important part of their investment strategies according to a recent survey by Create Research.

The research included a survey of 161 pension plans with total assets

Read More