Pension funds

UBC Investment Management partners with Heartland Initiative for portfolio conflict risk review as investors step up defence due diligence.

Taiwan funds name managers for $3bn climate mandate – SFDR 2.0 'could see return of EU sovereign greenium' – Moody's approved as reviewer by Climate Bonds Initiative.

San Diego City Employees' Retirement System finds that 'nearly all' of its fund managers have made improvements in four ESG categories.

Corporate ESG bond issuance hits record in H1 – Aviva Investors and Gresham House team up in Tasmania – France's Covéa sets Scope 1 and 2 portfolio targets.

Rhodium Group says new framework will help investors work out where investments have greatest 'transition efficiency'.

Department of Labor submits proposal to replace Biden-era ESG guidance for US workplace schemes for review.

Nottinghamshire Pension Fund deviates from pool LGPS Central over membership to LAPFF, as government publishes guidance on ‘diverging’ views.

Discussions throughout the week emphasise that government policy is key to transitioning the finance system, writes Steve Waygood.

NGO seeks judicial review of Kensington and Chelsea valuation process, alleging non-compliance with minimum climate requirements.

UN Joint Staff Pension Fund engagement review followed high-profile departures from investor climate initiatives.