LGPS
LGPS pool backs Clean Growth Fund’s second close
A major LGPS pool has come out backing the Clean Growth Fund’s second close, indicating growing investor demand for venture capital climate solutions
Council pension fund and Hymans challenged in court over climate risk assessment
The Royal Borough of Kensington and Chelsea (RBKC) Pension Fund and its actuary, Hymans Robertson, are facing a judicial review as climate campaigners challenge the fund’s climate risk assessment
UK offers LGPS pools a dual stewardship approach but restricts divestment
The UK’s local government pension funds, which collectively manage more than £400bn in assets, could be given greater flexibility on responsible investment as the government attempts to reconcile politically divided funds into eight mandated pools
LGPS funds face £8bn private markets loophole to fossil fuel divestment pledges
While many of the UK’s LGPS funds have pledged to divest from fossil fuels, they continue to fund oil and gas through their private market holdings, an investigation has revealed
London’s local government pension funds set out their stance on nature risks
London CIV has published its first nature-related risk report, signalling how biodiversity loss, water stress and ecosystem decline are becoming financial considerations for local authority pension funds
Brunel may face wind-down but our exceptional RI impact is repeatable
Brunel, one of the UK's LGPS pools faces being wound down. Faith Ward, chief responsible investment officer reflects on the pool’s key achievements and urges other LGPS investors to continue the legacy on responsible investing
Climate resolutions at Shell and BP AGMs shift focus from Paris alignment to shareholder value
Investors filing climate resolutions at Shell and BP are reframing the debate, demanding a financial case for oil and gas expansion rather than Paris alignment
