LGIM updates expectations for ‘dial-mover’ companies, divesting from 14 firms
Dr Pooja Khosla and Amer Khan argue that schemes should use their monetary power to seek change rather than divest.
This week's Pensions Buzz respondents have decidedly rejected former energy and climate change secretary Sir Ed Davey's argument that schemes should divest from fossil fuel intensive companies.
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.
Local Government Pension Schemes (LGPS) are being urged to divest £16bn from carbon within five years in a nationwide campaign launched by Unison today.
Labour leader Jeremy Corbyn has become the hundredth MP to call for the £621m parliamentary pension scheme to divest from fossil fuels.
Neena Gill MEP says pension funds must invest in the long term for a more sustainable future.
Unison has passed a motion that says it will seek to divest the Local Government Pension Scheme (LGPS) from fossil fuels over the next five years.
John Gray says it's better to reduce carbon exposure over a longer period while seeking suitable alternative investments
BMO Global Asset Management has begun excluding companies with fossil fuel reserves from some of its responsible funds, with an aim to completely divest across the range by 2020.