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Pension fund ABP based in the Netherlands is to invest €30 billion in sustainable projects. ABP is the largest pension fund in the Europe, and fifth largest globally. It is imposing stricter environmental, social and governance requirements on its portfolio, as it steers more capital toward companies it assesses to be greener and fairer; BNN Bloomberg Sarah Jacob ABP, said the policy means it will apply tougher screens when it reviews holdings for climate and biodiversity risk, according to a statement today. “Companies that are inextricably linked to climate change and cannot or do not want to change are no longer suitable for us,” the fund said. Those that manage the risks of a changing world well will instead be seen as good fit for ABP, it said. #pensions #netherlands #pensionfunds #sustainablebusiness #investmentstrategy #esg #esginvesting #systemschange #newwaysofworking Pensioenfonds ABP

The Society of Pension Professionals (SPP) has today published a practical guide for pension trustees, setting out how they should engage with asset managers on Environmental, Social & Governance (ESG) issues. #ESG

🌿 The Pension and Lifetime Savings Association (PLSA) has released its 2024 Stewardship and Voting Guidelines, providing pivotal recommendations for UK pension funds and institutional investors on fulfilling their stewardship roles effectively. Amidst the UK's financial market growth and reform, these guidelines underscore the importance of integrating responsible investment practices, particularly focusing on climate change, sustainability, and social factors.   🔍 Key takeaways for pension funds and listed companies include: ◾ Climate risks and net-zero commitments ◾ The importance of biodiversity and natural capital ◾ The impact of social factors on investments   See our latest blog post below for more information.   #PLSA #Stewardship #ESG #PensionFunds #netzero

Shaping the Future of Pension Fund ESG Investing 🌱💡 GaiaLens is dedicated to revolutionising the pension fund industry by addressing two critical challenges: 1) Monitoring the sustainability performance of all investments. 2) Enhancing member communication and engagement regarding the impact of their pension contributions. Our award-winning sustainability analytics platform empowers pension funds to overcome these obstacles, paving the way for a sustainable, informed investment landscape. Join us in transforming the future of pension fund investing at gaia-lens.com 📈 #GaiaLens #PensionFunds #SustainableInvesting #ESG #PensionFundInnovation

Investing in fossil fuels risks fiduciary duty 📢 🌍It’s time for pension funds to embrace the shift required to tackle the climate crisis and accept the fact that climate risk is synonymous with financial risk. 🔒 By tackling climate risk, pension funds are fulfilling their fiduciary duty by maximizing profits and safeguarding their beneficiaries’ retirement funds. What action can pension funds & investors take? 🤔 📉Reduce exposure to high risk industries like the fossil fuel industry 🗣️Active engagement with management within industries that have the capacity to transition to net-zero Read more 🔗 https://lnkd.in/eTQzcaBN

PENSION FUND VIEWPOINTS: Driving impact at scale In our yearly international conference, the CEE4Impact Day, we will also be dealing with the topic of how Pension Funds can have an influence on impact investing. Save the Date! 3 October, Budapest, Museum of Ethnography https://lnkd.in/diMDPCj6 Until then, allow us to share an interesting article from ImpactInvestor: "From strategies that prioritise local impact, to those focused on emerging markets, European pension funds are upscaling their commitments to investments where impact and returns can go hand-in-hand as ABP, Railpen and Post NL tell us." See full article below #impact #pensionfunds

It is vital to connect your pension investment strategy with your corporate values to demonstrate your commitment to sustainability and innovation. Explore the increasing pressure on businesses and defined contribution pension schemes to enhance their ESG practices, driven by regulatory changes and the need for sustainable financial health. https://okt.to/tVE4LF

Pension funds are evolving! 🌱 Align your investments with your values through ESG strategies. Hear from Thomas Yuk of iA Groupe financier (Industrielle Alliance)on how pension funds are making a positive impact. https://hubs.la/Q02zdCVw0 #SustainableInvesting #ESG #PensionFunds #iAFinancialGroup

Europe's biggest pension fund, the Nertherlands' ABP, is imposing stricter screening on holdings for climate and biodiversity risk and re-evaluating its selection of companies for investment as part of a strategy to guard against future losses and “Companies that are inextricably linked to climate change and cannot or do not want to change are no longer suitable for us,” the fund said. Those that manage the risks of a changing world well will instead be seen as good fit for ABP. The Dutch pension fund is also targeting €30 billion in impact investments that take climate and biodiversity risk into account. Of that, €10 billion will be allocated inside the Netherlands toward areas including affordable housing and sustainable energy. ABP chose to halt investments in fossil fuel producers in 2021 after assessing that its efforts to engage with the companies weren’t leading to the desired change. ABP is instead seeking exposure to firms that take long-term risks into account. Don't let your pension fund pretend they can't take transformative action to phase out #fossilfuels and build a clean economy... because it's already happening. #cdnpoli #pensions #sustainablegfinance #climaterisk

Pension funds are evolving! 🌱 Align your investments with your values through ESG strategies. Hear from Thomas Yuk of iA Groupe financier (Industrielle Alliance)on how pension funds are making a positive impact. https://hubs.la/Q02CZtVL0 #SustainableInvesting #ESG #PensionFunds #iAFinancialGroup