Some of UK's largest pension schemes and fund managers have called on Anglo American, Glencore and Rio Tinto to be more transparent over climate change risks.
The investors which are responsible for more than $8trn (£5.54trn) of assets have backed shareholder resolutions against the companies, which will be held at their respective annual general meetings (AGM)...
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LGIM Real Assets has committed to deliver net-zero carbon across its 76 million sq. ft. UK real estate portfolio by 2050.
Hymans Robertson has pledged to be lifetime net-zero carbon by 2025, meaning it will offset all its carbon emissions dating back to its formation in 1921.
Institutional investor demand for green UK sovereign bonds will be high as pension schemes seek to manage their climate change risks and tap up green opportunities, experts say.
Aegon has embedded ESG criteria across its in-house workplace default funds through a partnership with HSBC Global Asset Management.