ESG/social investing

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  1. ERAFP on lookout for Asia-Pacific SRI equity managers to run €400 million

    trueEtablissement de Retraite Additionnelle de la Fonction Publique, Paris, is searching for three money managers to run a total of €400 million ($501 million) allocation to a socially responsible investing strategy for Asia-Pacific equities.

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  1. U.N. Joint Staff Pension Fund seeds low-carbon ETFs managed by BlackRock, SSgA

    trueUnited Nations Joint Staff Pension Fund provided initial funding for two low-carbon exchange-traded funds, one launched by BlackRock and another by State Street Global Advisors.

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  2. Oregon Investment Council plots up to $2 billion in alts commitments, adopts ESG criteria

    trueOregon Investment Council, Tigard, which manages the $70 billion Oregon Public Employees Retirement Fund, Salem, in 2015 expects to make $1.5 billion to $2 billion in commitments to its alternatives portfolio, which includes infrastructure, natural resources and hedge funds, said a report for its ...

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  3. Norway panel rejects divestment call for $870 billion fund

    trueA government-appointed panel rejected calls for Norway's $870 billion Government Pension Fund Global to sell out of coal and other fossil-fuel producers, arguing active ownership is more effective against climate change.

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  4. Japan's GPIF taps MSCI for study on ESG best practices

    trueJapan’s Government Pension Investment Fund hired MSCI ESG Research to write a report for the 130.9 trillion yen (US$1.11 trillion) Tokyo-based pension fund on ESG integration and stewardship best practices among leading asset owners around the globe.

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  5. Shareholders propose that Exxon Mobil return capital to offset climate change risk

    trueA shareholder proposal filed Tuesday calls for Exxon Mobil Corp. to return capital to shareholders to protect investor value from potential risk of stranded fossil-fuel assets from climate change disruption.

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  6. NAPF: More U.K. pension funds screen money managers' stewardship

    trueEighty percent of pension funds in the U.K. screen money managers for stewardship activity — that is, the active monitoring of and engagement with companies, as well as exercising their voting rights, the National Association of Pension Funds found in its annual engagement survey, published Monday.

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  7. American University nixes fossil-fuel divestment measure, plans search for green fund

    trueAmerican University's board of trustees rejected divesting fossil-fuel holdings from the Washington-based school's $550 million endowment fund, concluding the move would raise costs and not satisfy fiduciary responsibility standards, a trustees' memorandum stated.

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  8. Impact investors shifting gears to accommodate specific goals

    trueThe trend of impact investing — into companies, organizations and funds with the aim of investing for social and environmental good, as well as a financial gain — is becoming more specific.

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  9. Outgoing Calvert CEO Krumsiek honored for her work on SRI

    trueBarbara J. Krumsiek, chairwoman, president and CEO of Calvert Investments Inc., won the 2014 SRI Service Award at the 25th annual SRI Conference on Nov. 11 in Colorado Springs, Colo.

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  10. University of British Columbia faculty eyes fossil-fuel divestment for endowment

    trueUniversity of British Columbia Faculty Association members early next year will vote on whether to ask the university's board of governors to divest its C$1.35 billion (US$1.19 billion) Vancouver-based endowment's holdings in fossil-fuel stocks within five years.

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  11. Students sue Harvard over fossil-fuel investments

    trueA group of seven Harvard University students filed a lawsuit Wednesday against Harvard University and Harvard Management Corp. among others demanding the university divest all of its holdings in fossil-fuel companies.

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  12. U.S.-domiciled socially responsible investing assets jump 76% in 2 years

    trueU.S.-domiciled sustainable, responsible and impact investing assets under management were up to $6.57 trillion at the beginning of 2014, an increase of 76% from two years previously, said a report from the US SIF Foundation.

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  13. American University endowment mulls fossil-fuel divestment

    trueAmerican University's board of trustees could vote at its meeting next week on divesting fossil-fuel holdings from the university's $550 million endowment fund.

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