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Denmarks AkademikerPension , a member-owned scheme serving 174,500 teachers and other academic professionals, said it had decided to terminate our relationship with State Street Global Advisors (SSgA), after the US-based index fund giant was given a low ESG rating by staff.
The Danish pension fund for academics has joined the European asset owners opting for divestment, as fossil fuel companies remain at odds with the ParisAgreement. P+, which has more than 110,000 members, recorded a 78.2%
Now they must wait to see how signatories to the ParisAgreement act on the commitments outlined in the official response to the Global Stocktake, as well as multiple other pledges announced across the two weeks before that final text was signed, sealed and gavelled. C has not lessened; if anything, it has increased,” he says.
C threshold (above pre-industrial levels) stipulated in the ParisAgreement. That’s why the William Davidson Institute is sponsoring the Energy Innovation in Low- and Middle-Income Countries Global Case Writing Competition , which aims to increase the number of academic business cases available about this very important topic.
Oil and gas major Shell is under increasing pressure ahead of its annual general meeting (AGM) on 23 May, with asset owners like PGGM and the Church of England Pensions Board announcing their support for a shareholder proposal calling for the company to align its Scope 3 emissions target with the ParisAgreement. Car manufacturer Toyota is facing (..)
“Constructive dialogue” sought by UK asset owners with managers, including meetings and their involvement in an academic review. All firms saw shareholder resolutions on climate disclosures fail to gain sufficient shareholder backing or the passing of weak climate transition plans.
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