Given the urgency of the climate crisis, it is unsurprising some asset owners want to accelerate their net zero goals to hit this target before 2050. But this can be counterproductive.
Several UK pension funds and asset managers are signalling their intention to begin reporting against the Taskforce on Nature-related Financial Disclosures (TNFD).
The London Fund has received a £55m investment from the Royal Borough of Kingston upon Thames Pension Fund and London Borough of Sutton Pension Fund, taking its total fund assets to £250m.
An investor coalition overseeing over £250bn in assets has issued an open letter “urgently” calling for asset managers to increase their adoption of pass-through voting.