Page 2 - Aligned Benchmark News Today

/PRNewswire/ -- Bloomberg and MSCI announced today the launch of the first indices in their joint Climate Benchmark offering with the Bloomberg MSCI Global,...

Amundi’s range of ETFs that track SRI ex Fossil Fuel indices, will now track the MSCI SRI Filtered PAB indices.

By Susanna Rust2021-05-06T11:02:00+01:00 Some €9bn of German federal pension assets are due to be reallocated to equity indices aligned with the EU Climate Transition Benchmark (CTB) as part of the government’s sustainable finance strategy, it was announced yesterday. S&P Dow Jones Indices said it had been chosen by the government to develop the index, which would be used for four federal civil service funds. The EU CTB is one of two types of climate benchmarks for which the EU has develo...

Special Report A Special Report is content that is edited and produced by the Special Reports unit within The Irish Times Content Studio. It is supported by advertisers who may contribute to the report, but who do not have editorial control. Five trends in green finance To adequately respond to an issue such as climate change it is crucial to monitor the authenticity of green claims made by organisations Thu, Apr 29, 2021, 11:00 Up...

By Susanna Rust2021-04-15T14:36:00+01:00 The way asset managers cast votes on climate-related issues should not be influenced by the status of company engagement “or other management considerations”, according to guidelines from the UN-convened Net-Zero Asset Owner Alliance (NZAOA). In a new publication – billed as being about ‘Elevating Climate Diligence on Proxy Voting Approaches’ – the group of asset owners wrote that asset managers’ proxy voting policies and supporting docum...

French central bank vows to cull coal and cap oil and gas investment by 2024 Banque de France in Lille | Credit: Velvet Banque de France to axe investment in firms generating more than half of their revenue from gas, 10 per cent from oil, and any revenue from coal by 2024 Banque de France has announced plans to phase out the bulk of its investments in oil and gas companies by 2024, making it the first national central bank in Europe to set out a timeline to significantly... To continue reading....

oC climate scenario, the relevant aspects of the EU Low Carbon Benchmark regulation (BMR), and recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), while maintaining a broad, diversified exposure. The S&P PACT Indices consist of the S&P Paris-Aligned (PA) Climate Indices and S&P Climate Transition (CT) Indices. In this blog, we try to answer a simple question:  what drives the S&P PACT Indices’ weights? First, companies are  excluded (exclusion effect) due to...

By Rachel Fixsen2020-12-11T11:07:00+00:00 Sweden’s AP7 announced it is blacklisting all companies making new major investments in coal production and coal power, widening the scope of the climate-linked divestment policy it has followed up to now. The SEK600bn (€59bn) state pension fund said the move to evolve its process linked to the Paris Agreement goals to mitigate climate change had meant the immediate exclusion of 10 firms from its investment portfolio. The fund said it had just com...

By Susanna Rust2020-12-10T16:02:00+00:00 Sweden’s AP2 has pulled out of fossil fuel companies in connection with portfolio changes leaning on rules for a recently introduced EU climate benchmark, the fund’s latest step towards the goal of aligning its investments with the Paris Agreement. The state pensions buffer fund today announced it had adjusted its internal indices and portfolios for foreign equities and corporate bonds to ensure the holdings were consistent with the EU Paris-Aligne...