Category: Carbon pricing

Investment heavyweights Amundi and Man Group have co-filed a proposal at HSBC calling on Europe’s largest bank to outline how it will wind down its fossil fuel financing in line with the Paris Accord. It is only the second climate proposal to be filed at a European bank. The first, which was also coordinated by campaign group Shareaction, was put to Barclays last year. Among the other backers of this year’s proposal are Swedish insurance company Folksam and UK pension pool Brunel Pension Partnership. 

SEI has launched its global investment stewardship strategy that will embed sustainability into shareholder engagement and proxy voting practices across the company’s approximately $248.1bn in assets under management; alongside this, the investment management and solutions provider has joined Climate Action 100+, the investor-led initiative to engage companies whose businesses and operations have an opportunity to mitigate climate change an…