International asset manager Robeco announced that it has been awarded €15.4 billion (USD$18.1 billion) in investment mandates by pension investor PGGM on behalf of Dutch pension fund PFZW, as part of PZFW’s shift to from a passive strategy to one more focused on sustainability and active management. Under PFZW’s new Investment Policy 2030, the pension fund focuses on three pillars,…
U.S. EPA to Scrap Requirements to Report Greenhouse Gas Emissions
The U.S. Environmental Protection Agency (EPA) announced a proposed rule to end the Greenhouse Gas Reporting Program (GHGRP), a key source of transparency into industrial emissions through mandatory GHG disclosures from thousands of the most carbon-intensive facilities in the U.S. In the agency’s announcement, EPA Administrator Lee Zeldin called the rule “burdensome,” with the new proposal aligning with executive orders…
ESG Today: Week in Review
This week in ESG news: ISO, GHG Protocol unify GHG emission measurement and reporting standards; Swiss Re drops commitment to SBTi; SEC threatens IFRS Foundation over support for ISSB; Vanguard finds young investors strongly prefer ESG voting policies; Venture Capital coalition launches fund to scale climate tech startups to commercialization; EU passes law requiring fashion brands to pat to recycle…