Pension funds

Fund retires 2030 emissions goal in favour of ambition to put C$35bn into private markets climate investments.

The latest developments in sustainable finance: SEC preparing recommendations to 'modernise' shareholder proposal process; Nature Positive Initiative launches final SON framework consultation.

Investors from North America and East Asia among new members of steering group as initiative confirms plans to publish guidance this year.

Japan is also due to introduce revisions to its corporate governance code this year, an official has confirmed.

Investors welcome timely discussion and calls for stewardship to be better integrated into manager and owner relationship.

The latest developments in sustainable finance: Texas to appeal overturning of state's anti-fossil fuel boycott law; Carbon Tracker, University of Exeter report criticises climate models used by investors.

Summary judgment granted in favour of American Sustainable Business Council, which argued law impinged free speech rights.

The latest developments in sustainable finance: More insurers 'committing' to transition plans; Redwheel merges climate engagement fund into UK Value Fund.

AFM warns it will pay 'extra attention' to financial institution sustainability claims this year.

The latest developments in sustainable finance: ISSB to proceed with broad nature standard-setting approach; Wells Fargo ditches ISS as proxy provider.