Greater incentives are needed to encourage institutional investors, including pension funds, to invest in such a way to help prevent climate change, investment experts have argued.
The Church of England Pensions Board has written to 55 European companies on their climate lobbying practices, and has warned of shareholder resolutions later this year.
A parliamentary inquiry has found "worrying disparity" between The Pensions Regulator's (TPR) and Financial Conduct Authority's (FCA) pension scheme guidance when it comes to considering environmental risk as a financial factor.
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
Recommendations encouraging pension funds to vote against companies failing to act on climate change have been published by the Pensions and Lifetime Savings Association (PLSA).