Institutional investors with $5.35 trillion in assets are calling on the Biden administration to get tougher about methane emissions.
OPTrust said it is emphasizing allocating capital to investment opportunities that include both sustainability and innovation.
Investment consultants are more likely to recommend hiring money managers that commit to diversity and inclusion.
Tia Counts, formerly head of diversity and inclusion at J.P. Morgan, was named MSCI's chief diversity officer, a newly created position.
A group of institutional investors with a collective $5.8 trillion in assets is pushing companies to do better regarding human rights.
Norway's wealth fund called for increased independence and diversity requirements to be included in Japan's corporate governance guidelines.
UBS announced two senior appointments for its new sustainability and impact unit, reporting to the president of UBS Asset Management.
Putting in place a decarbonization policy for a large, diversified portfolio that balances ambition with fiduciary duty can be hard work.
General Electric shareholders resoundingly approved a resolution calling for the company to report how it will achieve net-zero emissions.
Universities Superannuation Scheme intends to reduce the carbon intensity of its portfolio to zero by 2050 by divesting certain holdings.
The European ETFs industry is developing at a fast pace, as the pandemic and ESG-specific products accelerate institutional interest.
Epworth Investment Management sold about $32 million in oil and gas assets, divesting its portfolio of all holdings in the sector.
Moody's expects pressure to rise on major producers and users of hydrocarbons as they adjust strategies to implement transition plans.
Janet Yellen and Christine Lagarde renewed their calls to banks and investors to mobilize private capital to combat climate change.
A PRI report shows pension funds and other asset owners are increasingly interested in beneficiaries' preferences on ESG issues.
Climate envoy John Kerry said the Biden Administration will probably join with Europe in mandating climate risk disclosures.
Asset owners and money managers must take steps now if the global temperature increase is to be kept below 2 degrees Celsius.
Investors are pushing to have ESG issues highlighted by the COVID-19 crisis linked to executive compensation.
Willis Towers Watson will cut the carbon footprint for at least half of its discretionary delegated portfolios by 2030.
Hester Peirce said the SEC should facilitate creative thinking to address ESG issues, not require firms to disclose standard ESG metrics.
Investors keen on checking how companies are fulfilling commitments on diversity, equity and inclusion can now track their progress.
Apple became the first major U.S. publicly traded company to support mandatory climate change disclosure rules from the SEC.
Temasek and BlackRock plan to launch late-stage venture capital and early growth private equity funds to speed up decarbonization.
The SEC is seeing unsubstantiated and "potentially misleading" statements and questionable processes from those offering ESG products.
Girls Who Invest is expanding its mandate to boost the number of women in key asset-management positions to include race and other factors.