France’s SCOR joins UN-convened Net-Zero Asset Owner Alliance

27 May 2020

Paris-based Tier 1 reinsurer SCOR announced today (27 May 2020) it had joined the UN-convened Net-Zero Asset Owner Alliance, bringing membership to 24 with combined assets under management (AUM) of over $4.6 trillion. Launched in September 2019 during the UN Climate Action Summit, the Net-Zero Asset Owner Alliance (AOA) is an international initiative bringing together […]

PODCAST EPISODE features UNEP FI’s Legal Framework for Impact project – the Next Frontier in Responsible Investment

11 May 2020

11 May 2020 In collaboration with The Generation Foundation and the Principles for Responsible Investment, UNEP FI recently launched the project A Legal Framework for Impact, which aims to make the consideration of sustainability impact in investor decision making a core part of investment activity within the decade. This next frontier in responsible investing is […]

Denmark’s PFA Pension joins the UN-Convened Net-Zero Asset Owner Alliance

11 May 2020

11th May 2020 – Danish pension fund PFA has become the 23rd member of the UN-convened Net-Zero Asset Owner Alliance, bringing the total assets under management (AUM) to over US$ 4.6 trillion. By joining the Net-Zero Asset Owner Alliance, an initiative co-convened by PRI and UNEP FI, PFA has committed to transitioning its investment portfolio to net-zero […]

Property sector perspectives on ESG, COVID‑19, and managing crises

6 May 2020

The UNEP FI Property Working Group (PWG) convened virtually for two discussion forums to share information on how institutions are managing the public health and economic crisis from COVID-19, and thoughts on how institutions need to plan and operate for a post-crisis recovery. There is strong consensus that institutions with deeply ingrained approaches to integrating […]

UNEP FI launches new holistic impact analysis tools for the finance sector

2 April 2020

2 April 2020 – UN Environment Programme Finance Initiative’s (UNEP FI) Positive Impact Initiative (PII) has launched two new tools for corporates, banks and investors to work together and step up their capacity to deliver on the Sustainable Development Goals (SDGs). With millions of people affected in their daily lives across the globe by the […]

KENFO is the first sovereign wealth fund to join UN-convened Net-Zero Asset Owner Alliance

9 March 2020

9th March 2020 – German sovereign wealth fund KENFO has become the 21st member of the UN-convened Net-Zero Asset Owner Alliance, bringing the total assets under management (AUM) to approximately US $ 4.6 trillion. By joining the Net-Zero Asset Owner Alliance, KENFO has committed to transitioning its investment portfolio to net-zero greenhouse gas emissions by […]

ERAFP joins UN-convened Net-Zero Asset Owner Alliance

5 March 2020

5th March 2020 – French civil servant pensions fund ERAFP (Établissement de retraite additionnelle de la fonction publique) has become the 20th asset owner to join the UN-convened Net-Zero Asset Owner Alliance, bringing the Alliance’s total assets under management (AUM) to over US$ 4.5 trillion. By joining the Net-Zero Asset Owner Alliance, an initiative co-convened […]

Generali and Church of England investment bodies join UN-convened Net-Zero Asset Owner Alliance

22 January 2020

$4.3 trillion AUM Alliance using collective voice at Davos to highlight need for urgent climate action to world’s corporate and political leaders 22 January 2019 – Four months after 12 of the world’s largest pension funds and insurers committed to decarbonize their investments by 2050, the United Nations-convened Net-Zero Asset Owner Alliance has added the […]

Groundbreaking work to assess real-world sustainability impact for investors: A Legal Framework for Impact

27 November 2019

On 27 November 2019, United Nations Environment Programme Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI) and The Generation Foundation announced the launch of pioneering research with global law firm Freshfields Bruckhaus Deringer LLP (‘Freshfields’) to analyse whether and how legal frameworks allow for – and incentivise – investors to consider sustainability impact […]

VIDEO: Fiduciary Duty in the 21st Century – From a Legal Case to Regulatory Clarification Around ESG

25 November 2019

During the 21st century there has been a marked growth in responsible investment regulation and policy around the globe. Investors that fail to incorporate environmental, social and governance (ESG) issues are failing their fiduciary duties and are increasingly likely to be subject to legal challenge. Hear from governments, regulators, and investors how they are supporting […]

An updated look at Fiduciary Duty in the 21st Century: incorporation of ESG issues required and increasingly clarified in regulation

22 October 2019

UNEP FI and the PRI provide an updated look at Fiduciary duty in the 21st Century with the release of its final report. In 2014, the PRI, UNEP FI and additional UN partners identified the misinterpretation of fiduciary duties as the primary barrier to environmental, social and governance (ESG) incorporation in investment practice. The Fiduciary […]

Taking stock of energy efficiency finance and investment by the G20: new report from UNEP FI and IPEEC presents leading practice

18 October 2019

Building on the outcomes of the G20 Global Summit on Financing Energy Efficiency, Innovation and Clean Technology which was held in Tokyo on June 12 2019, the G20 Energy Efficiency Finance Task Group (G20 EEFTG) has collated leading practices by financial institutions and participating member countries in scaling up the energy efficiency investment market to […]

12 of world’s largest investors make bold commitment to net zero emissions

23 September 2019

Asset owners of the UN-convened Net-Zero Asset Owner Alliance have committed to lead the global investment industry in driving economies to carbon neutrality by 2050. Announced at the UN Secretary-General’s Climate Summit on September 23rd, 2019, the Alliance members commit to transitioning their investment portfolios to net-zero greenhouse gas emissions by 2050, consistent with a […]

European Commission’s Technical Expert Group on Sustainable Finance launches reports, including on an EU Taxonomy, to help drive the transition towards a sustainable economy

18 June 2019

On 18 June 2019, the European Commission’s EU Technical Expert Group on Sustainable Finance (TEG) launched reports on an EU Taxonomy, a voluntary EU Green Bond Standard and voluntary low-carbon benchmarks. The TEG’s reports will help shape future regulations, some of which are still under negotiation. EU Taxonomy EU Green Bond Standard Climate Benchmarks and […]

Senior financiers, investors and policy-makers agree importance of boosting energy efficiency investment at official G20 side event

12 June 2019

Tokyo, Japan, 12 June 2019 – At the G20 Global Summit on Financing Energy Efficiency, Innovation and Clean Technology, the CEOs of major pension funds, insurance companies, and senior financiers joined G20 policy-makers in assessing how to close the world´s energy efficiency investment gap. The summit is an official side-event to the 2019 Japanese Presidency of […]