News & Analysis

Climate initiatives by GPs tend to be about sharing good practice rather than systemic assessments across the portfolios, says Stephen Barrie, the pension's deputy director of ethics and engagement.

It is only when GPs play their part in climate change solutions that LPs can make their portfolios resilient and operational in the long-term, say panellists at PEI’s Responsible Investment Forum.

Some managers – mostly in Europe – are starting to speak a common language on climate, but US managers are lagging, say panellists at PEI’s Responsible Investment Forum: Europe.

President Trump's Department of Labor has instituted new rules that many see as a blow to the growing environmental, social and governance investment models.

Kara Helander and Anna Edwin discuss how they are building diversity, equity and inclusion within their firms, and how the racial justice movement and pandemic have generated momentum for sustained action.

The Department of Labor has quietly updated ERISA rules to require private pension plan fiduciaries to put financial returns ahead of sustainable goals in investing, a last-minute blow to so-called ESG investing. “The Department has construed the requirements that a fiduciary act solely in the interest of, and for the exclusive purpose of providing benefits […]

"One real risk looms even larger than the pandemic and could have even more grave human and economic costs than those we have witnessed these last eight months. That risk arises from climate change"

Investors cannot afford to ignore a GP set that has largely outperformed industry benchmarks, even during a pandemic.

Eric Duchon joined the mega-manager this week to oversee efforts to reduce carbon emissions and improve diversity in the firm and its portfolio companies.

GPs should drive the creation of consistent and comparable data disclosures and common standards in ESG, executives from Carlyle Group and Macquarie say.