January 2024
03Jan

El rol de los fondos de pensiones para promover mejores estándares de gobierno corporativo

Por Federación Internacional de Administradoras de Fondos de Pensiones El Gobierno Corporativo (GC) es un conjunto de normas, prácticas y procedimientos que determinan y regulan las acciones al interior de una empresa, estableciendo derechos y obligaciones a las distintas partes involucradas. Las buenas prácticas de GC favorecen la integridad de las empresas, instituciones financieras y mercados. Las empresas que adoptan dichas prácticas incrementan su eficiencia, reducen costos, limitan el riesgo y se legitiman ante la sociedad y los mercados, lo...

January 3, 2024
Administración de Pensiones, Artículos, , ,
Read more...

December 2023
15Dec

UK. New report finds greening pensions reduces carbon footprint more than stopping flying

Scottish Widows’ latest Green Pensions Report has found that while most Brits are well aware of how to reduce their carbon footprint through changing their behaviours, two thirds (67%) don’t know how to switch to a ‘green pension’. If this information gap were to be addressed by the government, industry and employers, UK consumers could collectively save up to 386 million tonnes of carbon emissions annually through their pensions[1] – the equivalent of 11 return flights from London to New...

December 15, 2023
News, , ,
Read more...
12Dec

UK. Over two thirds of savers unsure how to switch to a greener pension

While most Brits are well aware of how to reduce their carbon footprint through changing their behaviours, more than two thirds (67 per cent) don’t know how to switch to a ‘green pension’, research from Scottish Widows has revealed. Scottish Widows’ second annual Green Pensions Report found that there is growing appetite for responsible retirement savings propositions among employers and employees, with nearly three quarters (74 per cent) of savers expressing a keen interest in obtaining more information about sustainable options for...

December 12, 2023
News, , ,
Read more...
07Dec

Danish pension fund to sell its Tesla shares over union dispute

PensionDanmark, one of Denmark's largest pension funds, said on Wednesday it had decided to sell its holdings in Tesla (TSLA.O) over the U.S. auto company's refusal to enter into agreements with labour unions. The decision is part of a growing Nordic movement to force Tesla to sign collective bargaining agreements with Swedish mechanics, who have been on strike since October. Labour unions in Norway and Denmark this week said they would start blocking transit shipments of Tesla cars meant for the Swedish market. Tesla has a policy of not...

December 7, 2023
News, , ,
Read more...
04Dec

Dutch pension fund PMT sells most fossil fuel holdings

Pensioenfonds Metaal & Techniek (PMT) has divested from 40 oil and gas companies, but remains invested in nine companies with “sufficiently convincing plans” for the energy transition and carbon reduction. All of the retained companies are headquartered in Europe. Over the past two years, the pension fund had asked all companies in the oil and gas sector in which it invests to commit to the Paris Agreement and set sufficiently ambitious and substantiated CO2 reduction targets. Forty of those companies could not meet...

December 4, 2023
News, , ,
Read more...
01Dec

Australia pension funds call for reforms to encourage green energy investment at home

Australian pension funds called on Friday for the government to enact reforms that would make it easier to invest in domestic renewable energy projects and warned that without action investors would opt for more compelling overseas projects. Australia's electricity transmission network, batteries and sustainable aviation fuel are three areas where simplified planning, subsidised finance and other regulatory changes could catalyse investment, according to a report released by eight major pension funds. Changes could quickly unlock A$4 billion ($2.7 billion) worth of...

December 1, 2023
News, , ,
Read more...

November 2023
30Nov

UK. Stop funding fossil fuels, ‘The Crown’ star urges pensions in ad

It's a curious combination: celebrities and pension funds. Rarely do the two mix, but when they do, they often make the news. A new advert, launched earlier this week, featuring Oscar-winning actress Olivia Colman, called on UK pension members to lobby their funds to cut fossil fuels investments. “The cash from your pensions has helped us dig, drill and destroy more of the planet than ever before,” she says in the advert. Posted on YouTube and the group’s website, among other platforms,...

November 30, 2023
News, , ,
Read more...
24Nov

ESG and Public Pension Investing in 2023: A Year-To-Date Recap and Analysis

By Joshua Lichtenstein, Michael Littenberg & Reagan Haas Since 2021, Ropes & Gray has been actively tracking the various approaches states have taken on how or whether environmental, social and governance (ESG) factors should be applied to the investment decisions for public retirement systems. States have used legislative, administrative and enforcement mechanisms to address this area, which has been complemented by Congressional Republicans’ various attempts to shine a spotlight on ESG in recent months. Judging by the significant uptick in...

November 24, 2023
Articles, Investment, , , ,
Read more...
17Nov

Knowledge Of ESG, Integration and Greenwashing Remains Low

Determining how best to incorporate environmental, social and governance factors across the investment portfolio continues to be a challenge for institutional investors, said Bonnie Treichel, founder and chief solutions officer at Endeavor Retirement, during the “Surveying the Landscape” session of CIO’s ESG livestream this month. Not Just a Label “How do people really understand this?” Treichel asked. “It’s really hard, because a lot of times, I’ll ask the question about ESG and an investment lineup, and the perspective that I hear...

November 17, 2023
News, , ,
Read more...
14Nov

UK. ESG: Biodiversity And Nature Risks For Pension Schemes

While climate risk has increasingly been at the top of the agenda for trustees in recent years, biodiversity and nature risk has occasionally been overlooked, despite the serious financial implications stemming from these issues. The World Economic Forum's Global Risk Report 2023 cited "biodiversity loss and ecosystem collapse" as the fourth most significant global risk over the next ten years. In light of this, pension regulators are focusing their attention on biodiversity risk management.  A guide recently produced by...

November 14, 2023
News, , ,
Read more...