Sustainability Archives

BHP set to pull out of World Coal Association over climate concerns

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

ShareAction welcomes consultation on pensions trustees’ ESG disclosure

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 …

Sustainability: Commitment from firms to climate-related financial disclosures welcomed

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 …

ShareAction: French banks lead on managing 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

Pan-European pension plan survey: ESG investing part of the mainstream

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 …

European Commission consults on ESG investing

The European Commission has launched a consultation to gain views on how asset managers and institutional investors could include environmental, social and governance factors when taking decisions.

The consultation follows up on one of the eight early recommendations delivered by …

PLSA: Analysis of how FTSE 100 companies report on their workforce

While 64% of FTSE 100 companies provide meaningful narrative commentary on the composition of their workforce, just 4% of companies provide a breakdown of their workforce by full time and part time workers according to research carried out by Lancaster …

WBCSD report: Businesses reveal climate change progress

The World Business Council for Sustainable Development (WBCSD) used the COP 23 UN climate change meeting in Bonn to publish its 2017 progress report on the Low Carbon Technology Partnerships initiative (LCTPi) which shows the action companies are taking to …

Sustainability round-up: More action needed to cut greenhouse gas emissions

With the latest round of United Nations climate change talks – the Conference of the Parties (COP 23) – taking place in Bonn, Germany 6-12 November two reports showed that despite the breakthrough achieved in Paris in 2015 …

US asset managers and pension funds target opioid-related firms

Investors for Opioid Accountability (IOA), a US coalition which includes asset managers, faith-based, public and trades union pension funds with over $1.3 trillion in assets have filed multiple shareholder resolutions on board oversight of business risks related to opioids at