Exclusions & divestment

State's $94bn fund to examine transition readiness of sectors and may divest poor performers as part of wider net-zero strategy.

The latest developments in sustainable finance: KLP excludes 12 Gulf state companies; GRI publishes draft mapping tool for ESRS.

The latest developments in sustainable finance: Australia launches nature advisory council; Financial watchdog ASIC issues infringement notices to Morningstar.

The latest developments in sustainable finance: Calls for UniSuper to adopt further climate risk measures fall through; HKEX commits to carbon neutral and net zero targets.

Investors have welcomed the ‘unexpected’ new SRI label framework, as Morningstar research finds 45 percent of labelled funds are exposed to oil and gas.

Fund to triple sustainable investments team size as it looks to put additional $53bn into climate solutions, evolve divestment approach.

LGPS fund encounters resistance to selling dirty stocks from managers due to investment case 'over the next five to 10 years'.

Major asset managers including Schroders and Fidelity International invited to discuss defence allocation and improving sector's profile.

The latest developments in sustainable finance: NYU $5bn endowment fund to divest from fossil fuels; Taiwan tables ESG code of conduct.

This is the regulator’s third greenwashing-related lawsuit in the space of six months, following its crackdown on misleading ESG claims this year.