The Institutional Investors Group on Climate Change (IIGCC) has announced the launch of a Bondholder Stewardship Working Group.
The working group, comprising of nine core member investors representing £2.66trn assets under management, aims to support investors to use their influence as bondholders to meet their clients’ and their own climate objectives by working with companies to address the risks and opportunities associated with climate change and facilitate the transition to net zero.
The working group will launch with two complementary workstreams, Bondholder Engagement, which will focus on developing engagement guidance specifically for bond investors, and the Financing Structures and Frameworks for New Issuances, which will focus on developing and advocating best practice standards to help scale green financing.
Border to Coast Pensions Partnership has re-appointed Robeco to support its voting and engagement work.
Robeco will provide the partnership with the support needed to implement its voting and engaging policies, ensuring that the pool can continue to effectively use its collective voice to influence companies and drive “positive, real-world changes as an active steward”. The reappointment was welcomed by Boarder to Coast CEO, Rachel Elwell, who commented: “Robeco’s expertise helps us ensure that we can proactively implement our specific voting and engagement policies and link engagement to the investment process. Together with Robeco, we will continue to collaborate to establish successful voting and engagement practices across multiple sectors, asset classes and countries, vital for delivering on our purpose to make a difference for the LGPS.”
MBWL International has added the Agfa-Gevaert Group as a global actuarial and administration services client.
MBWL, a joint venture between Milliman, Barnett Waddingham, and Lurse, now provides actuarial, accounting, and strategic pensions advice to Agfa globally, including local actuarial support around the work as well as local plan administration services in Germany, the United Kingdom, and the United States. The announcement was welcomed by Milliman managing director and global employee benefits consulting leader, John-Paul Augeri, who said: “We are thrilled to work with the Agfa-Gevaert Group". This sentiment was shared by Milliman Benelux employee benefits business managing director, Rajish Sagoenie, who stated: “We look forward to a long-standing relationship globally with Agfa”.
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