Defined Benefit
CalPERS ‘on track’ with £100bn climate commitments, CIO says
CalPERS CIO Stephen Gilmore has confirmed the fund is on track to meet its commitment to deploy $100bn in climate investments by 2030, as the largest US public pension fund disclosed double-digit returns driven by strong private market and equity performance
Britain’s DB schemes increase allocation to climate aware funds
New research from XPS shows larger schemes translate net zero targets into investment strategies
How can mature DB funds integrate climate investing into their portfolio?
For trustees in DB funds approaching the endgame, it may be tempting to think that long-term climate risk planning no longer matters. Cadi Thomas, head of sustainable investments at ISIO disagrees
Ontario Teachers’ Pension Plan to double transition-aligned private investment by 2030
OTPP’s new climate investment strategy includes a goal to invest $70bn in transition-aligned private assets by the end of the decade
Setting the bar: PPF’s transition pulse check of private market managers
PPF has conducted its first transition assessment of private market managers, the fund's head of ESG & sustainability Claire Curtin tells Net Zero Investor more about the findings
Leaders and laggards: why climate strategies differ across US public pension funds
Against the backdrop of growing political backlash against climate ambitions, climate strategies and targets at US public pension schemes are diverging
BlackRock loses €5bn Dutch equity mandate over climate misalignment
US manager BlackRock has lost its second major Dutch equity mandate, amid a sustained push by asset owners to hold managers to account on climate change
NYC Comptroller hails ‘clear and decisive’ victory in fossil fuel divestment lawsuit
New York’s highest court has dismissed a leave to appeal in Wong et al v. NYCERS