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Responsible-investing trailblazer awarded Order of Canada

Corporate Knights

I first met Moira Hutchinson in 1987 when I was working on the first of my series of books on responsible investment. She was generous with her time and provided a wealth of insight into “ethical investing,” as responsible investing was known then. . Both divestment and shareholder action have a role.

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Aegon Gains from ESG Measurement of AMs  

Chris Hall

Most occupational pension schemes in the UK are set up as trusts where lay people, elected by scheme members, typically act as trustees. “It’s difficult to be a bridge between the finance world and pension scheme members who have different cultures, languages and views on issues such as the divestment of fossil fuels,” Wright added.

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ESG squeezed between Republican attacks on ‘woke capitalism’ and climate investors

Corporate Knights

The company holds more than US$300 billion in fossil fuel investments, including more than $100 billion in Texas companies. In its NZAM disclosures , BlackRock says it expects its portfolio companies to evolve toward net-zero, which means that it doesn’t need to divest its fossil fuel investments.

Net Zero 263
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Public Pension Plans Face up to Politicisation  

Chris Hall

billion of inflows the previous quarter, according to investment bank Jeffries, which says the US anti-ESG backlash is a key driver of this. ‘Red state’ pension systems are starting to divest from financial firms considered to be “boycotting energy” in reaction to laws passed by the likes of Utah, West Virginia and Texas.