CalSTRS Sustainable Investment Director Kirsty Jenkinson talks about taking a hard line on companies failing to disclose emissions properly and treating proxy voting as seriously as portfolio investments. It’s been just over five years since Kirsty Jenkinson became Investment Director for the Sustainable Investment and Stewardship Strategies (SISS) team at the California State Teachers’ Retirement System (CalSTRS) – the largest…
Surfing the Sustainability Wave
CalSTRS Sustainable Investment Director Kirsty Jenkinson talks about taking a hard line on companies failing to disclose emissions properly and treating proxy voting as seriously as portfolio investments. It’s been just over five years since Kirsty Jenkinson became Investment Director for the Sustainable Investment and Stewardship Strategies (SISS) team at the California State Teachers’ Retirement System (CalSTRS) – the largest…
Take Five: Earthquake in the Alps
A selection of the major stories impacting ESG investors, in five easy pieces. This week witnessed a court ruling which could have potentially seismic implications for climate policy globally. Every voice matters – Governments are expected to revisit their climate policies after a landmark court victory this week for a group of self-described old Swiss women. The European Court of…
Take Five: Earthquake in the Alps
A selection of the major stories impacting ESG investors, in five easy pieces. This week witnessed a court ruling which could have potentially seismic implications for climate policy globally. Every voice matters – Governments are expected to revisit their climate policies after a landmark court victory this week for a group of self-described old Swiss women. The European Court of…
Finance Sector Must Accelerate the Transition
As headwinds intensify, financial institutions need to move together on the path to net zero, according to Triodos Bank CEO Jeroen Rijpkema. Recently, our efforts to create a future that is prosperous and sustainable for all have met a storm of short-sighted backlash. It is mainly fuelled by populist-motivated politicians in response to the increasing focus on environmental, social issues…
UK Stewardship Code to Keep up with the Times
Andrea Tweedie, Head of Stewardship at the Financial Reporting Council, highlights progress to date and calls for ‘good, bad and ugly’ feedback ahead of the upcoming review. The Financial Reporting Council’s (FRC) UK Stewardship Code has come a long way since launch in 2010, but must continue to adapt to a rapidly changing regulatory and investment environment to meet the…
Preqin Launches New Benchmarks to Assess Private Markets ESG Funds
Alternative investment data and insights provider Preqin announced today the launch of new ESG performance benchmarks aimed at enabling users to assess performance of private markets ESG funds, as well as SFDR, impact and climate funds. According to Preqin, the new benchmarks address the lack of standardized and comparable ESG fund performance data, which has contributed to an increase in…
Preqin Launches New Benchmarks to Assess Private Markets ESG Funds
Alternative investment data and insights provider Preqin announced today the launch of new ESG performance benchmarks aimed at enabling users to assess performance of private markets ESG funds, as well as SFDR, impact and climate funds. According to Preqin, the new benchmarks address the lack of standardized and comparable ESG fund performance data, which has contributed to an increase in…
EU Parliament Adopts Law to Establish Carbon Removal Certification System
Lawmakers in the European Parliament voted on Wednesday to adopt a new law aimed at establishing a certification system to quantify, monitor and verify carbon removals, and to counter greenwashing. The adoption, which passed in a 441-139 vote by MEPs, marks one of the final steps towards the launch of a comprehensive carbon removal and soil emission reduction framework in…
EU Parliament Adopts Law to Establish Carbon Removal Certification System
Lawmakers in the European Parliament voted on Wednesday to adopt a new law aimed at establishing a certification system to quantify, monitor and verify carbon removals, and to counter greenwashing. The adoption, which passed in a 441-139 vote by MEPs, marks one of the final steps towards the launch of a comprehensive carbon removal and soil emission reduction framework in…