Cambridge University throws weight behind impact investing | News | IPE

The council of Cambridge University has made a landmark commitment to addressing climate change in its £3bn (€3.4bn) endowment fund following months of pressure from students and staff.The council endorsed divestment from fossil fuels and encouraging environmental impact investment not only by the endowment fund (CUEF) but by investors generally.It also plans to hire an environmental,…

Hermes is turning up the heat on climate change with carbon tool

Hermes Investment Management, the £33.6 billion manager, has been investing in the development of a number of Environment, Social and Governance (ESG) tools for its fund managers and engagers to use to make enhanced investment decisions and to better inform engagement activities with companies on ESG matters.Hermes will be launching a carbon tool that allows…

Disclosure Is About Risks And Opportunities, Not Politics

Felicia Jackson writes in Forbes: Climate and environmental information reporting is becoming mainstream. The focus on risk disclosure means it doesn’t matter whether you believe in climate change or not – what matters is transparency about corporate risk.As Richard Samans, Chairman, CDSB and Managing Director, Head of Policy and Institutional Impact at the World Economic…

Climate risk: Running out of time | Magazine | IPE

• Climate change is an existential risk whose elimination must become a corporate objective • Scenario analysis can be a powerful tool but can distract investors from engagement • Corporates need plans that address climate risk and outline moves to a low-carbon economy Source: Climate risk: Running out of time | Magazine | IPE

Spring Awakening: Notes from This Year’s CII Meeting

VEA Vice Chair Nell Minow reports on the Harvard Law School Corporate Governance and Financial Regulation Blog about CII’s spring meeting. The theme I heard most often at the annual spring meeting of the Council of Institutional Investors was ESG: environmental/social/governance risks and investment opportunities. The issues of how best to understand ESG and factor…