Tony Burdon and Nick Robins set out how to make the green pledges go further.
One third of investors say the pandemic has increased their focus on ESG issues, with the issue now a focus across asset classes, research from bfinance shows.
The £2.7bn Dyfed Pension Fund will move 15% of its assets into low-carbon equity portfolios in a move to reduce its carbon footprint by screening out fossil fuel and thermal coal exposure.
The Asset Management Exchange (AMX) and DWS have launched an investment solution which allows schemes in pooled funds to express their stewardship preferences.
Aegon has embedded ESG criteria across its in-house workplace default funds through a partnership with HSBC Global Asset Management.
Mobius Life has launched a service to provide pension schemes with a report which collates asset managers’ ESG themes to help trustees complete their annual implementation statements.
The carbon emissions in Aegon UK’s default pension funds will be slashed in half by 2030 under a longer-term plan to reach a net-zero position by the middle of the century.
The Barclays Bank UK Retirement Fund (Barclays UKRF) has integrated ESG factors and climate risk into a £1.3bn diversified growth fund (DGF) portfolio used for its defined contribution (DC) scheme.
Michael Bushnell looks at the continuing impact of the pandemic on employer covenant and ESG risks, and how schemes can plan ahead.