Corporate 401(k) participants will be able to compare how the firm's sustainability goals play out in plan investments with a new scorecard.
New York State Common Retirement Fund's investment in Unilever could be threatened by subsidiary Ben & Jerry's Israel boycott.
Large U.K. pension funds were asked not to wait until the next U.N. climate change conference in October to commit to net-zero targets.
Guillaume Mascotto was named managing director, head of environmental, social and governance strategy at Jennison Associates.
Dedicated sustainable investing assets could reach $13 trillion globally by 2025, more than four times the total at the end of 2020.
Institutional asset owners set environmental and social impact goals in a variety of ways, according to a report from the Global Impact Investing Network.
G-20 finance leaders meeting in Venice raised the idea of carbon pricing as a potential tool for lowering greenhouse gas emissions.
The inclusion of diverse money managers in an investment portfolio should be viewed as an alpha play, with the potential to boost returns.
Although the industry is paying increased attention to diverse money managers, concerns remain for the future of minority-owned firms.
The European Commission is delaying an upcoming deadline under its ESG disclosure regulation by six months to aid a smooth transition.
Allianz Global Investors plans to curtail investments in certain coal businesses by the end of the year.
An industry association and regulators are separately consulting on efforts to improve diversity in the U.S., Canada and U.K.
Forty-one managers joined an initiative to achieve net-zero emissions in portfolios by 2050, taking total signatories to 128.
U.K. defined contribution multiemployer plan LifeSight pledged to cut half of its carbon emissions in its default funds by 2030.
Research shows a "significant" overlap between the United Nations' 17 sustainable development goals and financial performance indicators.
The former head of the board of governors at the world's largest pension fund said he sees signs of a "bubble" in ESG.
A councilmember introduced legislation requiring the District of Columbia Retirement Board to have diverse asset managers and consultants.
BlackRock is overhauling the way it handles employee concerns about workplace misconduct, following an external review and accusations.
Money managers are supporting an initiative celebrating financial services executives who have shown leadership in diversity and inclusion.
Fund managers are increasingly grappling with fragmented policies in China's $113 billion green bond market.
CalSTRS and CalPERS officials have seen modest progress in advancing diversity since they started holding forums on the topic.
Maine's governor signed a law that would require the Maine Public Employees Retirement System to divest holdings in fossil-fuel companies.
Fossil-fuel financing by U.S. fixed-income ETFs increased by 72% in 2020, despite money manager pledges to cut emissions from portfolios.
The investment management industry must put more emphasis on inclusion if efforts to accomplish true diversity are to pay off.
Investors in Europe make progress toward matching their securities lending programs with their ESG policies, but they say hurdles remain.