The majority of defined contribution (DC) pension schemes in the UK are not paying proper attention to the risks and opportunities of climate change, the Pensions Regulator (TPR) has warned today.
BlackRock – the world's largest asset manager – has today asked all companies to disclose how their business models will be compatible with net-zero emissions by 2050.
The world's largest asset managers remain misaligned with the goals of the Paris Agreement due to their investments in the automotive, fossil fuel production, and electric power sectors.
The attractiveness of Chinese equities should not overshadow the critical need for investors to adopt global diversification in their portfolios, an independent financial advisory organisation has warned.
A global initiative backed by investors responsible for $23trn (£17trn) in assets has warned that less than a quarter of the world's largest transport companies have emission reduction plans aligned with the Paris Agreement.
Institutional investors should consider greater allocations to China to benefit from long-term opportunities and help manage their risk, analysis by Willis Towers Watson (WTW) suggests.
Investors with over $9trn (£6.8trn) in assets under management have called on Europe's largest companies to reflect the implications of delivering the Paris Agreement in their financial statements.
A new solution has been launched today to help institutional investors align their portfolios with the Paris Agreement's aim of limiting global warming to 1.5°C above pre-industrial levels.
Pension schemes, insurance companies, asset managers and banks will all be forced to disclose their financial exposure to climate change by 2025 under new rules unveiled by the UK chancellor Rishi Sunak yesterday.
More than half of defined contribution (DC) pension savers in the UK do not believe they are on track to live the kind of lifestyle they want in retirement, a survey by BlackRock has uncovered.
