By Jon Hay
11 Mar 2021
This week 35 investors with $8.5tr of assets many of them UK and Nordic pension funds launched the Net Zero Investment Framework, a primer for investors wanting to decarbonise their portfolios. Faith Ward, chair of the Institutional Investors’ Group on Climate Change, answers some key questions for GlobalCapital about why the Framework is important and how it will be implemented.
The IIGCC is the association of 275 European investors that led the creation of the Net Zero Investment Framework. The 34 page document, which
GlobalCapital covered in detail this week, has also been endorsed by leading investor networks in north America, Asia and Australasia.Ward is also
Local government pension fund to become net zero investor
The Avon Pension Fund has committed to becoming a net zero investor by 2050 or earlier.
The pension fund has signed up to the IIGCC Net Zero Investment Framework to accelerate the transition to net-zero global emissions.
Working with Brunel Pension Partnership, it will increase its investments in renewable energy infrastructure projects and actively engaging with governments and companies to influence public policy and corporate behaviour.
Cllr Bruce Shearn, chair of the Avon Pension Fund Committee, said: Avon Pension Fund is proud to have participated in this initiative with our partner, Brunel Pension Partnership.
Natura Group, Aviva Investor and European Commission Joined Reuters Events New and Revamped Responsible Business Week 2021
Published 02-08-21
Submitted by Reuters Events Sustainable Business
As current global system is on the brink of collapse, leading into a new sustainable future requires businesses to re-thinking parts, if not all, of their business. We need new definitive actions, new ways of collaborating and open innovation among all stakeholders.
For the first time in 20-years
The Responsible Business 2021 [1-3 June], will convene 5,000+ Global CEOs, Government representatives and Investors who are driving change worldwide across three different time zones.
Mark Versey,
European Commission