Large asset owners are invested across the whole economy, which can cause double-counting of supply chain emissions, says a senior executive.
The firm's investor base also ranked ESG and impact second behind tech and healthcare as the key investment opportunity of 2023.
Andrew Siwo, New York State Common Retirement Fund, and Elizabeth Seeger, IFRS Foundation
New York State Common Retirement Fund’s $20bn impact strategy must have the same the risk/return traits as any other investment, says Andrew Siwo.
The European Investment Fund is ramping up its climate-focused investments, aiming for it to comprise 25% of the fund's activities by 2024.
Photo of Jacqueline van den Ende, CEO of Carbon Equity
Carbon Equity, 'the Moonfare alternative for impact investing', is eyeing rapid growth to meet growing demand from mass affluent individuals for access to climate venture capital funds.
Investors are getting more exacting about impact, says CBRE IM's Andrew Davey, as the firm reaches £500m for its open-end affordable housing fund with fresh commitments from two UK pension funds.
Chelmsford, Essex
Some pensions are getting more comfortable with the 'relatively immature' market for impact funds, bfinance's Anna Morrison says.
Kentucky state map
Kentucky County Employees Retirement System says it will not divest from any of the 11 financial institutions that the treasurer's office has said is boycotting energy companies.
Carbon Equity provides individuals with access to climate venture capital funds at a minimum ticket size of €100,000.
IKEA store in Nice, France
Ingka Investments has made its first commitment to a blue economy fund.
npm
npm

Copyright PEI Media

Not for publication, email or dissemination