environment

An industry taskforce aimed at boosting innovation in the finance industry to enhance the profitability of social impact investment has been commissioned by the prime minister.

Retirement savings of millions of members could be hit with significant losses if pension providers do not step up action on climate risks, according to research.

The UK's 25 largest defined benefit (DB) pension funds are being asked how they deal with climate risk after the government admitted a "widespread misunderstanding" of fiduciary duty.

Recommendations encouraging pension funds to vote against companies failing to act on climate change have been published by the Pensions and Lifetime Savings Association (PLSA).

Pension Insurance Corporation (PIC) has invested in the expanding offshore wind sector for the first time, expanding its asset allocation to renewable energy.

Hackney Council's pensions committee has announced it wants to cut fossil fuel investments after approving plans to reduce the scheme's exposure to carbon dioxide emissions.

Some of the UK's biggest pension schemes have co-founded an initiative to better understand how the transition to a low carbon economy affects their investments.

ESOS assessment deadline is imminent

CO2 output is firmly in the driving seat when benefits professionals are deciding their car scheme options.

Pension schemes are too dependent on asset managers to engage with companies on financial risks they face from future climate change policy, according to ING.