Category: Carbon pricing

Institutional Shareholder Services (ISS), has acquired fellow proxy advisor and governance specialist Nordic Investor Services. The Stockholm-based firm, founded in 2002, offers bespoke proxy voting advice and services and will remain led by Founder Helena Levander and CEO Oscar Bergman. The terms of the deal were not disclosed. 

Zurich Insurance Group has pledged to cut the carbon intensity of its listed equity and corporate bond portfolios by 25% by 2025, and 30% for its direct real estate holdings. The asset owner said it would also use its influence as an investor and insurer to push companies to set 1.5 degree targets and will help develop industry-wide methodologies to measure emissions from insurance underwriting. 

A record 141 companies have disclosed data on their treatment of workers to investor coalition the Workforce Disclosure Initiative, including Nike, Legal & General, Landsec and Santander. However, in a report released to…