impact investing News

New York State Insurance Fund Swapped Coal Assets for Responsible Index ETF

Moving money from coal assets to a new responsible-investment exchange-traded vehicle provided the sort of quick win the New York State Insurance Fund was looking for when evaluating the climate and social impacts of its holdings, a top executive said …

AllianzGI Creates Unit Focused on Investing in Companies With Measurable ESG Impact

Asset manager Allianz Global Investors, part of German insurer Allianz, said on Wednesday it had set up a new unit focused on “impact” investing in private markets, as part of a sustainable investing drive. AllianzGI, which manages around 647 billion …