sustainability climate change

The California State Teachers’ Retirement System (CalSTRS) escalated its efforts to hold global companies to account after they did not provide sufficient climate risk disclosures to accurately assess emissions.

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Institutional investors back IFRS’s proposal for ESG reporting standard

More than 450 asset managers and pension funds responded to a consultation on standardised reporting Some of the world’s biggest pension funds and institutional investors are backing the International Financial Reporting Standards Foundation’s (IFRS) proposal for standardised sustainability reporting. Last September, the IFRS, which oversees the International Accounting Standards Board (IASB), published a consultation paper […]

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The California State Teachers’ Retirement System (CalSTRS), the second largest public pension fund in the United States, has endorsed the Stewardship Code for institutional investors, becoming the first US-based fund to back the policy, which it called a “standard for good corporate governance.” The Stewardship Code, for which the FRC is to take reponsibility for […]

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