LONDON (Reuters) – An investor group managing more than $16 trillion on Wednesday launched the world’s first step-by-step plan to help pension funds and others…
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UK pension scheme NEST tightens climate change policy
* Aims to decarbonise portfolio by 2050 * Wants to halve emissions by 2030 * To shift almost half assets to ‘carbon-aware’ strategies By Simon…
Greta Thunberg: World must 'tear up' old systems, contracts to tackle climate
LONDON (Reuters) – Swedish activist Greta Thunberg said on Thursday the world needed an economic overhaul to have a chance of beating climate change and…
CDP launches climate 'temperature rating' system for investors
LONDON (Reuters) – Global environmental non-profit group CDP said on Tuesday it had created a temperature ratings system that will allow investors to track carbon…
Insurer AXA says made investment portfolios greener in 2019
LONDON (Reuters) – French insurer AXA (AXAF.PA) said it reduced the temperature score of its investments in 2019, bringing them closer to alignment with the…
Japan companies call on government to accelerate low-carbon shift in coronavirus recovery
TOKYO (Reuters) – Aeon Co., (8267.T) Asia’s largest retailer, Fujitsu, (6702.T) Ricoh Co. (7752.T) and other firms called on Japan’s government to accelerate a shift…
Mizuho shareholders reject first climate motion put to a Japanese company
TOKYO (Reuters) – Shareholders in Mizuho Financial Group on Thursday rejected a motion for it to align its business to the Paris Agreement, the global…