DiNapoli seeks to increase the state Common Retirement Fund’s sustainable investments to $20 billion. The post New York Comptroller Aims to Double Pension Plan’s ESG Funding appeared first on Chief Investment Officer.
By backing tariffs that would reflect the carbon intensity of key imports, more than 3,500 US economists have broken with the free-market orthodoxy that national environmental policies should not impede global trade liberalization. They were right to do so.
The current wave of new technology is likely to transform the world, perhaps more deeply than ever before, and will potentially accelerate economic growth. Finding effective ways to govern in this digital milieu will be the biggest global challenge of the twenty-first century.
As the call for better stewardship of assets grows louder, there is an increasing onus on asset managers and owners to engage meaningfully with company management on ESG issues. There is plenty of evidence that such engagement can not only drive better outcomes for society, but can also help to create long-term shareholder value.
The objectives outlined within the U.N.'s SDGs have brought about an unprecedented challenge for the institutional investment community - namely, how can assets be invested in a sustainable manner? Different investors have different opinions. For instance, MFS recommends looking at US large cap growth stocks due to their lower carbon footprint, while NNIP contends that limiting one…
Year after year, the international community falls further behind in upholding its commitment to provide quality education to all children by 2030. With the number of out-of-school children having far surpassed crisis levels, it's time to adopt a new approach.
The investment committee of the California State Teachers’ Retirement System (CalSTRS) is expected to approve a policy in support of carbon pricing at its meeting scheduled for Wednesday.
White paper says purpose of ESG is to improve financial performance, not change the world.
The post Many Institutional Investors Confuse ESG with Socially Responsible Investing appeared first on Chief Investment Officer.
Training for Sustainable Investing was a topic at the most recent Morningstar Conference in Chicago. (#MICUS) I would like to learn more the education of investment advisors in #ESG, #SRI, #corpgov issues. Interest in sustainable investing was high at the conference due to fund flows and client inquiries. However, I only saw a couple of […]The post Training for Sustainable Investing…
China's Belt and Road initiative must be green and sustainable, President Xi Jinping said at the opening of a summit on his grand plan on Friday, adding that the massive infrastructure and trade plan should result in "high-quality" growth for everyone.
Robert Eccles, a visiting professor of management practice at Saïd Business School at the University of Oxford, says that the global investment community’s interest in environmental, social, and governance (ESG) issues has finally reached a tipping point. Large asset management firms and pensions funds are now pressuring corporate leaders to improve sustainability practices in material…
By counteracting major shortcomings of the private financial sector, national and multilateral development banks play a crucial role in supporting economic growth. Countries that already have national development banks should aim to expand their role, while others should consider establishing them.
In recent decades, strategies for combating malaria have emphasized distributing easy-to-use commodities – including insecticides, insecticide-treated mosquito nets, and artemisinin-based antimalarial drugs – and expanding access to prompt diagnosis. This approach is reaching its limits.