Climate-Proofing Retirement Funds: first thoughts

We held our first-ever 'Climate-Proofing Retirement Funds' events in Cape Town and Johannesburg this week, focused on asset owners, particularly retirement fund boards. We were honoured to host Fiona Reynolds, CEO of the UN-supported Principles for Responsible Investment, as a keynote speaker at both events. LINK TO ALL PRESENTATION VIDEOS Our Johannesburg event was 80% …

Climate-Proofing South African Retirement Funds (Twin events)

The early effects of global climate breakdown, from the devastating Northern Cape drought to Cyclone Idai, are hitting South Africa. Climate protests, now led by millions of school children, are multiplying around the world.  Funds worth over $8 trillion have committed to fossil fuel divestment, while 477 investors worth a combined $34 trillion in assets …

World’s biggest sovereign wealth fund ditching $13 bn of fossil fuels, remains invested in planetary death machines

The Norwegian Government Pension Fund Global, which is part of the world's largest sovereign wealth fund managing $tn in assets, has dropped $13 billion in fossil fuel investments, the largest single divestment to date. Read the full story at the Guardian.  The fund will also move to begin investing directly in so-called 'unlisted infrastructure', renewable …

Climate change resolution voted down at Standard Bank AGM

By LISA STEYNOriginally published on Business Live on 30 May 2019 Only 38% of shareholders were in favour of the resolution for the bank to disclose its exposure to climate change risk The first climate risk-related resolution tabled at Standard Bank’s AGM on Thursday failed to pass when 61% of shareholders voted against it. If …

How SA’s top asset managers have responded so far to our call for fossil-fuel free funds

As you know, our biggest petition and campaign calls on SA's top asset managers to give you the option of not investing in planet-killing companies like Sasol. How did they respond? Read on to find out, and if you sign up to our mailing list, you can tell us who your financial service providers are, …

‘Climate change must be a central pillar of SA’s economic growth’

Climate change and the risks associated with it should be a key part of President Cyril Ramaphosa’s state of the nation address. How SA chooses to respond to climate change and its impact on the country will affect economic growth and social development for decades to come, yet climate change remains sidelined by the government and key sectors that are most vulnerable to its effects.

Our petition campaign ads are in Business Day today – and we’re inviting you to our campaign closing event

Today was a big milestone for us, as we took out ads on p. 1 and p. 3 of Business Day, marking the achievement of over 2,000 signatures on our petition calling for SA's top asset managers and owners to give savers ways to invest for the climate-friendly, fossil fuel-free future we want. We're holding an evening …