The Environment Agency Pension Fund (EAPF) has moved its entire £280m global passive equities portfolio into low carbon passive indices following concerns over its climate risk exposure.
A group of investors including two UK schemes have urged Shell to drop its membership from a US lobby group accused of being obstructive on climate policy.
PP examines how climate change risks affect pensions and what trustees can do
There is no reason why small pension funds cannot do something to address the financial risks from future climate change, according to two large schemes.
Why the old ideas don't work, and how schemes need to change
A shareholder resolution forcing Chevron to halt spending on high-carbon assets has been rejected by 96% of shareholders.
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.
Lesley Harrold says the law is clear
Julian Poulter defends the Asset Owners Disclosure Project from critics
Pension funds are being pressured to support a shareholder resolution to force Chevron to halt spending on high-carbon assets and instead return capital to shareholders.