The pension pool is sending questionnaires relating to TNFD to a selection of 'more advanced GPs', says responsible investment manager Alex Faulkner.
Baker Hughes CEO Lorenzo Simonelli highlights the need to diversify global energy supplies, while Chart Industries CEO Jillian Evanko cites customer demand.
The framework will be applied to all of the institution's projects and reduces the number of indicators from 150 to 22.
Most foundations separate their investment portfolios from their philanthropy and impact work - leaving $1.14trn of impact potential 'on the table', according to Capricorn Investment Group.
CDPQ's carbon intensity reduction pathway 'will not necessarily be linear over the next few years', its 2023 sustainable investing report warms.
Insurance Development Forum has announced a 'blueprint' designed to promote investment in infrastructure, including nature-based solutions, in developing markets.
CalPERS, CalSTRS, CPP, PSP and NYSCRF are among the largest public pension funds with target allocations or siloed capital buckets for climate-themed investment opportunities.
Pensions with dedicated buckets or targets for climate investing are clustered in US coastal states, Eastern Canada and Europe.
Only a handful of investors are entirely excluding all forms of fossil fuels for new private markets investments.
Ireland 'needs more generating capacity to accelerate the economy’s transition to net zero', ISIF director Nick Ashmore said.
npm
npm

Copyright PEI Media

Not for publication, email or dissemination