A total 99% of voters at Barclays 2020 Annual General Meeting (AGM) have voted in support of a climate resolution following continued pressure from shareholders and the industry to lower investments in fossil fuels.
Shareholders at the AGM - held virtually from London on 7 May - voted overwhelmingly in favour of a resolution to see Barclays become net-zero by 2050. In a statement to shareholders, chairman Nigel...
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.
The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.