UK - The £30bn (US$58.7bn) Universities Superannuation Scheme (USS) has announced a substantial allocation to Climate Change Capital (CCC).
Peter Moon, chief investment officer, USS, said: "We believe the low carbon investment arena is poised for considerable growth in the coming years. As a long term responsible investor, USS holds the view that the fund should take steps to reduce the risks associated with a changing climate."
USS currently has a 5% allocation to alternatives, but has stated it intends to increase this to 20% over the medium term.
It has invested in climate change-related vehicles since 2000 and is a signatory of the UN Principles for Responsible Investments (PRI).
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers