Exclusions & Divestments

Texas ERS to adopt custom solution allowing it to cut fossil fuel boycotters from equity benchmark but other funds take diverging approach.

The latest developments in sustainable finance: KLP excludes Israeli camera firm; Texas AG given deadline to respond to Glass Lewis lawsuit.

As part of RI’s global asset owner series, Jenny Gustafsson discusses navigating thorny issues – including war and defence – for Sweden’s public pension funds.

The latest developments in sustainable finance: EU Ombudsman asks Commission for more details on Omnibus preparations; 'watershed year' for SLB market.

The latest developments in sustainable finance: PRI calls for CSDDD support from French, German leaders; BloombergNEF weighs in on NGFS short-term climate scenarios.

Survey by French SIF finds investors unconcerned about ability to invest in large European firms; CPR launches Article 8 defence fund.

Campaigners are ramping up pressure on funds to divest but technical issues, fiduciary concerns and engagement over divestment dominate responses.

ICMA publishes defence sector guidance; Towards Sustainability label tweaks defence criteria; updates from FNG, Commerzbank and Berenberg.

The latest developments in sustainable finance: Indian regulator publishes social, sustainability and SLB bond framework; French SIF launches Just Transition initiative.

Investors warn that 'opaque' sector and inconsistency across data providers are major barriers to classing defence as sustainable investment.