Major asset managers BlackRock, State Street, and Vanguard face a Texas-led lawsuit alleging they illegally colluded through climate initiatives to pressure coal companies into reducing output, sparking further debate in the ongoing ESG controversy.
ESG
The recent scandal involving Adani Group and Canadian pension fund CPDQ exposes flagging standards as investors rush for private markets across emerging markets in Asia.
The race to a greener future may also be a game-changing investment opportunity. At COP29, bold ideas are emerging on climate action as catalyst for economic transformation.
The focus of asset owners in this part of the world must shift from passive emissions measurement to incorporating measurable transition targets in asset allocation, according to one European expert.
The Singapore-based insurer explains how tools from two partners, BlackRock and Ortec Finance, help with portfolio, risk and asset-liability management.
Taiwan's largest pension fund manager will hire up to five external asset managers for a five-year term, with each managing $280 million.
PensionDanmark aims to build on direct allocations in the region, which include wind and solar projects in India, South Korea, Vietnam and Taiwan. It also invests via Copenhagen Infrastructure Partners.
PensionDanmark is stepping up pressure on Japan and South Korea to eliminate coal power by 2030, while taking a more lenient approach towards Asia's emerging markets who need more time to balance clean energy transition with their power needs.
Two major asset owners discuss how they are deploying capital across the region and targeting sustainable investments in forestry, infrastructure, and green energy.
The life insurer is the latest addition to companies to commit to the science-based targets initiative (SBTi) in Hong Kong, a standard that guides companies to set their emission reduction targets.
New Zealand's largest life insurer is advancing its sustainable investment transformation, building on multiple ESG-focused funds launched in 2023. This strategy shift comes as the company navigates an evolving interest rate environment.
Institutional investors are urging a standardised framework of transition assets to unlock potentially huge opportunities and make a meaningful, greener impact.