ESG/social investing

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  1. New York comptrollers call on SEC to enforce climate change disclosures at companies

    trueNew York state Comptroller Thomas DiNapoli and New York City Comptroller Scott Stringer on Friday said the SEC should “consider enforcement and other actions” to make fossil-fuel companies improve disclosure of “material risks” that climate change “poses to their business.”

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  1. CalPERS investment committee takes no position on coal divestment bill

    trueThe CalPERS investment committee by an 11-1 vote Monday approved investment staff's recommendation to take no official position on state legislation calling on both the pension fund and CalSTRS to divest from investments in coal companies.

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  2. Sweden tops in the EU in ESG ranking

    trueBond investors looking to remain true to their environmental, social and governance principles have a new tool: a ranking of European Union member countries.

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  3. Fulfilling a valuable purpose

    truePension funds should stop trying to save the world and reaffirm their focus on securing retirement benefits for millions of participants.

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  4. CalSTRS to study coal-company divestment

    trueThe investment committee of the $190.8 billion California State Teachers' Retirement System on Friday approved a plan to direct investment staff to study whether to divest CalSTRS' investments in coal companies.

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  5. Global Initiative for Sustainability Ratings launches website for comprehensive ESG data

    trueGlobal Initiative for Sustainability Ratings introduced a website Thursday that plans to make available a comprehensive database of ESG rating firms and ESG indexes for institutional investors, designed to bring more transparency and comparability for investment decision-makers.

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  6. CalSTRS to discuss divesting from thermal coal companies

    trueCalSTRS could become one of the next big institutional investors to divest from ownership interests in coal companies.

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  7. Syracuse University endowment to divest coal, fossil fuel-holdings

    trueSyracuse University is formalizing a plan for its $1.2 billion endowment to divest from coal mining companies and other fossil-fuel holdings, said university spokesman Kevin Quinn.

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  8. Institutional investors say ESG has positive impact on alternatives returns — report

    trueSome 57% of asset owners and other institutional investors surveyed believe incorporating ESG into alternative investments decision-making has a positive impact on risk-adjusted returns, said a report Monday from Mercer and LGT Capital Partners.

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  9. NYU faculty calls for endowment to divest from fossil fuels

    trueMore than 130 New York University faculty members called for fossil-fuel divestment in an open letter sent to NYU President John Sexton on Monday.

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  10. U.S. Steel agrees to disclose political spending following N.Y. State Common proposal

    trueNew York State Common Fund withdrew a shareholder proposal it filed at United States Steel Corp. after the company agreed to disclose its political spending.

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  11. CalPERS looking at stricter governance policy for emerging markets

    trueA new global governance policy expected to be approved by the investment committee of the $296.6 billion California Public Employees’ Retirement System will subject CalPERS investments in emerging markets to tougher standards.

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  12. Mercer hires senior consultant to lead U.S. responsible investment team

    trueAlex Bernhardt joined Mercer as senior responsible investment consultant, tapped to lead its U.S. responsible investment team.

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  13. ERAFP picks 3 managers for socially responsible bond portfolio

    trueEtablissement de Retraite Additionnelle de la Fonction Publique, Paris, hired three active managers to run a total €2.5 billion ($2.8 billion) in a euro-denominated socially responsible investing bonds portfolio.

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