More than £1.75bn has been wiped from the pension funds of councils across the UK after three years of crashing oil investments, research shows.
Institutional investors are continuing to flounder after the FTSE 100 opened the week down 8.72%, crashing into technical bear market territory.
The Environment Agency Pension Fund (EAPF) has joined a coalition of 88 investors to demand companies disclose more information on environmental impact.
A former energy and climate change secretary has said that by continuing to invest in fossil fuel firms, pension schemes are just making the climate change crisis even worse.
Wolfgang Kuhn says pension funds must considered the real-world impacts of their investments
Schemes have been urged to vote against executive pay proposals at both Shell and BP in protest against incentives to increase short term production.
UK blue chips up 0.2%
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.
Church Commissioners for England has co-filed a shareholder resolution at ExxonMobil to force the US oil and gas giant to disclose how it will cope in a lower carbon world.
Rising longevity poses a much greater threat to companies with defined benefit (DB) pension schemes than low interest rates, Fitch Ratings has warned.
Impax Asset Management has appointed Sally Bridgeland and Lindsey Brace Martinez as non-executive directors as Mark White steps down from a similar role.
Shareholders have backed a resolution brought by a group of investors including 15 UK pension schemes to force Shell to measure and manage its exposure to climate change risk.
Almost all of BP's shareholders have voted to force the company to disclose the risks it faces from climate change.
ShareAction’s Catherine Howarth on shareholder resolutions
Royal Dutch Shell is set to buy its smaller rival BG Group for almost £50bn in the biggest deal in the energy sector for decades.
BP has told its shareholders to back a resolution brought against the company urging it to disclose risks associated with climate change.
Catherine Howarth explains why schemes cannot afford to ignore climate change risk
Shell has told its shareholders to support a resolution brought against the company to force it to disclose risks associated with climate change.
A group of more than 150 shareholders including 13 UK public schemes have filed resolutions to force BP and Shell to disclose risks associated with climate change.
Sally Bridgeland has become a member of the global investment professional group, the 300 Club.
Former BP Pension Trustees chief executive officer Sally Bridgeland is joining Avida International as a senior adviser.
BP Pension Trustees chief executive officer (CEO) Sally Bridgeland has left the business and will assume "portfolio roles" after a break in her career, a spokesman has confirmed.
The BP Pension Scheme has purchased a Worcester-based Sainsbury's supermarket store from M&G Investments in a deal worth £27.25m.
Insurance companies in the FTSE100 have some of the best defined benefit (DB) scheme funding levels as a result of Solvency II, research from JLT Employee Benefits (JLTEB) shows.