PME, a Dutch pension fund overseeing about $70 billion, has severed ties with BlackRock Inc. based on an assessment that the world’s largest money manager no longer acts in its best interests on issues such as climate risk.

Analysis of 25 years of evidence shows most schemes are poor quality and fail to lower emissions The failure of carbon offsets to cut planet-heating pollution is “not due to a few bad apples”, a review paper has found, but down to deep-seated systemic problems that incremental change will not solve. Research over two decades has found “intractable” problems that have made carbon credits in most big programmes poor quality, according to the study. While the industry and diplomats have made efforts to improve the system, it found much-awaited rules agreed at a UN climate summit last year “did not substantially address the quality problem”. Continue reading...

PFZW gaat in gesprek met bedrijven die in de laagste duurzaamheidscategorie vallen, om verbeteringen af te dwingen. Die strategie zou moeilijk te rijmen zijn met het beleid van BlackRock.

In de Kamer hangt donderdag al de hele dag een crisissfeer omdat NSC niet kan leven met een aangenomen amendement van de PVV. Dat stelt niet alleen illegaliteit strafbaar, maar ook mensen die hulp bieden aan illegalen, bijvoorbeeld door middel van vrijwilligerswerk.