Willis Towers Watson has committed to achieving net zero emissions by 2050 in its delegated investment portfolios. The $166bn manager set an interim target of halving its emissions relative to 2015 levels by 2030.
The Church of Wales has voted to divest from fossil fuels and become Net Zero by 2030. At a meeting of its governing body, the Church, which has an endowment of around £700m, voted to amend its ethical investment policy to exclude investments in companies deriving more than 5% of their turnover from the extraction or production of fossil fuels.
The Reuters Pension Fund will integrate ESG factors into its portfolio to improve risk-adjusted returns. In a newsletter to members, the fund said that it had appointed Impax Asset Management to handle a sustainable equity mandate in 2019, which was worth £87.7m at the end of September 2020.
British Columbia Investment Management has announced a research partnership on climate finance with…