The Environment Agency Pension Fund (EAPF) has joined a coalition of 88 investors to demand companies disclose more information on environmental impact.
A former energy and climate change secretary has said that by continuing to invest in fossil fuel firms, pension schemes are just making the climate change crisis even worse.
Wolfgang Kuhn says pension funds must considered the real-world impacts of their investments
Schemes have been urged to vote against executive pay proposals at both Shell and BP in protest against incentives to increase short term production.
UK blue chips up 0.2%
Some of UK's largest pension schemes and fund managers have called on Anglo American, Glencore and Rio Tinto to be more transparent over climate change risks.
Church Commissioners for England has co-filed a shareholder resolution at ExxonMobil to force the US oil and gas giant to disclose how it will cope in a lower carbon world.
Rising longevity poses a much greater threat to companies with defined benefit (DB) pension schemes than low interest rates, Fitch Ratings has warned.
Impax Asset Management has appointed Sally Bridgeland and Lindsey Brace Martinez as non-executive directors as Mark White steps down from a similar role.
Shareholders have backed a resolution brought by a group of investors including 15 UK pension schemes to force Shell to measure and manage its exposure to climate change risk.