Asset owners

Speaking at PRI in Person at Barcelona, Nippon Life's Kimura warned against a 'one size fits all' approach to decarbonisation.

Backing low carbon indices and engaging hard for the right result could be key to achieving net-zero commitments.

The latest developments in sustainable finance: NBIM responds to amendments to G20 and OECD’s principles; France withdraws from ECT.

The latest developments in ESG-related funds: Swiss Life Asset Managers launches fourth clean energy fund; TD Asset Management launches carbon credit ETF.

The latest developments in sustainable finance: Church Commissioners for England becomes ally of TIFD; Swiss government publishes green financing framework.

Separately, the $9.8bn NGS Super fund has divested oil and gas majors Woodside, Santos.

Concern comes as Norwegian pension KLP calls on investors to evaluate – and in some cases divest from – companies linked to the region.

Pension plans should also consider what constitutes an appropriate stewardship approach given investment strategy, fund structure and size.

Shareholders rely increasingly on stewardship to demonstrate sustainability credentials. But they are failing to steward the biggest industry of them all.

CEC looks to CA100+ model but stresses the need to respect Indigenous rights and achieve a Just Transition.