On the go: The UK government is exploring ways to increase the mobilisation of public and private investment to achieve 2030 climate and nature targets in emerging and developing economies, having launched a call for evidence on May 12.
Holding asset managers’ feet to the fire on ESG: Engage or swap out?

Swapping out fund managers can be a laborious process, but some pension funds are willing to consider it if asset managers will not step up to the mark on environmental, social and governance factors.
Weekly Roundup: Queen’s crown annoys protesters

This week – Queen’s Speech measures spark street protests, BBC appeals to High Court to change its DB benefits, experts warn DWP’s plans to promote illiquids in DC could up costs for members, and 60 per cent of schemes admit they do not expect to meet net zero goals.
CofE convenes climate transition group, Clara pledges net zero

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including a coalition of UK pension funds joining forces to support climate transition in emerging markets, and a net zero pledge from Clara-Pensions.
PIC invests in social housing, Brunel targets biodiversity

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including the Pension Insurance Corporation investing in a social housing provider, and the Brunel Pension Partnership highlighting biodiversity as a priority following a review of its responsible investment strategy.
60% of pension funds don’t expect to meet net zero goals

Sixty per cent of a group of large pension funds across North America, Europe and Australasia believe they will fail to achieve their net zero goals under current conditions, new research has revealed.
Tesco: 9 in 10 members seek trust and safety in an ESG strategy

Members want a responsible investment strategy to deliver growth, but they also want to have trust in their scheme and ensure their savings are safe, according to research on Tesco’s defined contribution scheme members.
Worcestershire invests in climate fund, insurers lock in net zero targets

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including the Worcestershire County Council Pension Fund investing in a climate fund, bulk annuity insurers all having set net zero targets, and the Church of England Pensions Board slashing the carbon intensity of its holdings by a fifth.
Uncertainty around inflation leads to ‘casino pensions’
Podcast: Pension Playpen chief executive Steve Goddard is joined by Cardano managing director Emily Goodridge to discuss inflation, technology in pensions, and the future of environmental, social and governance disclosure.
Standard Life’s sustainable switch and a new LGPS active fund

ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, including a new sustainable multi-asset profile from Standard Life, a £1bn sustainable global equities fund from LGPS Central, and an anti-scams pledge from the Universities Superannuation Scheme.