UK pensions sector gets closer to adopting stronger ESG rules

Pension Schemes Bill will soon receive Royal Assent

Powers to impose climate change regulations on pension schemes, including requirements to have net-zero carbon emissions by 2050, have taken a step closer to reality as the long-debated UK Pension Schemes Bill

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HSBC shareholders urge bank to cut exposure to fossil fuels

Investors file resolution calling on bank to publish strategy and targets

Some of Europe’s biggest pension funds and asset managers have filed a shareholder vote urging HSBC to cut its lending linked to fossil fuels.

Fifteen institutional investors with a …

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UK government urges finance firms to make net-zero pledge

UK government urges private finance firms to make net zero pledge

Finance is a central theme in the race to net zero

The UK government is calling on privately owned financial institutions to commit to a net-zero carbon future.

Speaking …

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emissions

Top asset owners favour engagement for net-zero carbon goals

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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Carney: Data interpretation key to zero carbon transition

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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ESGvolution, Environment, Nature, Nature-related

Environmental groups take aim at US corporates

Eleven of the world’s leading environmental groups have written an impassioned open letter imploring America’s big corporates to step up their climate change efforts.

The letter, published in the New York Times, urged …

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