HSBC Asset Management is ramping up efforts to phase out thermal coal financing and engage more with firms to hasten their net-zero transition.
GFANZ released guidance to help companies report their net-zero transition plans more completely and consistently.
Climate change takes up a lot of investors' bandwidth, but the environmental and financial risks associated with water are looming large.
After an all-out political attack on ESG by key GOP figures, senior officials from the $57 trillion global pension industry are speaking out.
More than 500 institutional investors are urging government officials to "raise their climate ambitions" ahead of COP27.
University of Washington will divest from fossil fuels and set a goal of investing at least 2.5% of its endowment in climate-solution companies.
OMERS Private Equity named Helen Rattee managing director-ESG and portfolio thematics.
BlackRock defended its policies regarding climate risk in a response to a letter from 19 U.S. state attorneys general.
New York City Retirement Systems called on Apple Inc. to commission a study of its employment practices, such as collective bargaining rights.
Global ESG equity products nearly doubled in assets and most outperformed until this year, according to Investment Metrics research.
A senior BlackRock executive blasted a finding by Texas officials that the firm boycotts the fossil fuel sector.
Texas Comptroller Glenn Hegar included BlackRock on a list of 10 financial companies that he has determined “boycott energy companies.”
Renewable energy investments are appealing to more long-term investors such as pension funds, even as the risk and return profiles are changing.
A coalition of institutional investors is turning its sights on the world's biggest corporate water users to address water as a financial risk.
Managers are taking a careful look at how they have classified their "green" funds, with some downgrading their credentials to play it safe.
Investors with more than $1 trillion of assets under management are in South Africa to look for investment opportunities.
NGS Super divested oil and gas stocks from its $9 billion portfolio in pursuit of carbon neutrality by 2030.
Women represent 20% of European private equity and venture capital professionals, but 38% of firms are still all male, Level 20 found.
Proposals focused on environmental and social factors have doubled, but BlackRock is supporting fewer of them, saying some are too prescriptive.
As global warming worsens, there's evidence the financial pledges needed to protect the environment may not be fit for purpose.
Julie Wallace was named head of impact at LeapFrog Investments, and Roger W. Ferguson Jr., formerly at TIAA, is joining its leadership council.
The European Commission's green taxonomy for investments is a standard setter, but keeping gas and nuclear energy raises questions.
Nia Impact Capital and Swedish pension fund AP7 proposed a shareholder resolution to improve workers' rights at Tesla.
The pace of shareholder activism in Europe increased noticeably in the first half of 2022, jumping 67% from the same period a year earlier.
The first U.K. living wage resolution failed to win majority support at supermarket chain J. Sainsbury PLC's annual meeting.