Hedge fund manager criticises slow action by asset managers and calls for better nearer-term targets
Selective divestment action follows the scheme’s own 2045 target for net-zero emissions
Stellar line-up of speakers and keynotes, plus CPD certified
‘Insufficient’ state action means whole market must work together to tackle climate change
The firm called for companies to provide insight into their climate accountability
But the targets are supported when explained, with many considering divestment around climate change
Aegon UK has transitioned more than £5bn of workplace pension scheme assets into ESG investment strategies, with another £3.5bn set to move over by the end of the month.
UK banks and asset managers were responsible for financing 805 million tonnes of CO2 in 2019, which would make the City of London the ninth biggest emitter in the world if it were a country, according to a report by Greenpeace UK and the World Wildlife...
Greater clarity around standards will make it easier for trustees to interrogate managers about how they are managing transition risk, says Nina Reid.
The Environment Agency Pension Fund's Marion Maloney joins with Aon's Tim Manuel and ITS's Tegs Harding to discuss net-zero targets and what sits behind them