The Institutional Investor Group on Climate Change (IIGCC) is continuing its Paris Aligned Investment Initiative, exploring methodologies and concepts for investors to align and assess alignment of their portfolios with the Paris Agreement targets.
Some 148 asset managers and institutional investors, with over $14trn assets under management or advisory, highlighted the need for an effective, fair and equitable global response to Covid-19 in a joint statement on Tuesday.
AP4 slashed equity carbon footprint by 15% in 2020 after its holdings emitted a total of 1.84 million of tons of CO2 emissions, down from 2.16 millions of tons of CO2 emissions in 2019.
Pension fund AuM expanded further in 2020 despite the pandemic, based on a survey by Thinking Ahead Institute / Willis Towers Watson.
The United Nations-supported Net-Zero Asset Owner Alliance is pushing for asset management companies to collaborate in developing blended finance vehicles, in order to boost climate solution investments.
The environmental and social impact calculator of one DekaBank sustainable investment fund is “misleading” according to a German consumer protection agency.
In its latest position paper, the Norges Bank Investment Management (NBIM), which manages the €1trn Government Pension Fund Global (GPFG), stated its concerns that non-diverse boards will lose the trust of customers, investors, and society in the long-term horizon.
The Institutional Investors Group on Climate Change (IIGCC) wants all new cars and vans to be zero emission vehicles “well before 2035.”
Danish pension service provider ATP realised a net profit of DKK 20.3bn (€2.73bn), primarily driven by record high returns in the investment portfolio but warns of lower returns in the years to come.