Pension funds

Alliance calls for end to direct upstream investments in position paper but similar expectations for companies are absent.

Renewables companies and airlines among targets of IIGCC-coordinated initiative, which includes LGIM, PGGM and USS.

The latest ESG movers and shakers: ICGN hires NBIM ESG policy adviser; Aviva Investors appoints global head of ESG.

The Pensions Regulator says majority of schemes show encouraging progress, expects trustees to start looking at TNFD.

Legal & General Investment Management files on anti-microbial resistance for the first time at fast food giant.

Trillion-dollar fund backs worker rights resolution as New York State announces votes against coffee giant’s CEO and directors.

The latest developments in sustainable finance: ING earns plaudits for restrictions on mid-stream oil and gas financing; West Virginia votes in favour of anti-ESG bill.

California’s $453bn public pension fund brought in new climate criteria on directors last year and will apply it to non-CA100+ firms this proxy season.

News comes as anti-ESG Kansas bill watered down.

Has the investment industry done enough to address sexual harassment in the workplace? Plus, how asset owners are holding their managers to account.