ESGRSS

Three-quarters of asset managers yet to set climate transition targets

News on the go

On the go: Seventy-three per cent of asset managers surveyed by consultancy Mercer have yet to set climate transition targets – such as goals on achieving net zero – across their strategies.

Truell seeks London listing for Long Term Assets

News on the go

On the go: Long Term Assets Limited, led by Pension Insurance Corporation founder Edi Truell, has announced its intention to list its shares on the London Stock Exchange.

Standard Life transitions £15bn of DC assets into sustainable solutions

News on the go

On the go: Standard Life has embedded a range of sustainable multi-asset funds for its 1.5mn pension scheme members, with around £15bn of sustainable solutions investments now managed on their behalf.

Essex commits £100mn to carbon offset impact fund

News on the go

On the go: The circa £9.3bn Essex County Council Pension Fund has made a £100mn anchor commitment to the Stafford Carbon Offset Opportunity Fund as it further expands its global timberland portfolio and accelerates its transition to net zero.

DC providers fail to commit to ending fossil fuel expansion

Bloomberg

None of the UK’s 20 largest defined contribution pension providers have explicit policies aiming to end fossil fuel expansion, a campaign for improving the environmental credentials of pensions has claimed.