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AllianceBernstein unveils low-carbon investment concept
14 May 2019Asset manager AllianceBernstein has introduced a new green investment concept, Green Alpha.
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Talanx's new coal policy 'does not rule out insuring new coal plants', warns NGO
14 May 2019Talanx would not be prevented from underwriting new coal plants in Poland and Vietnam under its recently announced policy on the fossil fuel, an NGO has claimed.
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Goldman Sachs to offer derivatives based on Stoxx ESG indexes
14 May 2019Stoxx Ltd, a subsidiary of Deutsche Boerse, has licensed three of its European indexes with an environmental, social and governance (ESG) focus to Goldman Sachs, which will use them to create a series of leveraged financial products.
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US manager launches energy transition and water scarcity fund
14 May 2019US asset manager Franklin Templeton Investments has launched an environmental, social and governance (ESG)-oriented fixed income fund that focuses on companies' responses to water scarcity and the transition to low-carbon energy sources.
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KfW to ramp up green bond issuance in 2019
13 May 2019German state-owned promotional bank Kreditanstalt für Wiederaufbau (KfW) has expanded its green bond framework to include energy-efficient buildings and said it planned green bond issuances of €5-6 billion ($5.62 billion) in 2019.
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MSCI rebuffs 'big three criticisms' of ESG data
13 May 2019MSCI has argued that the main three criticisms of environmental, social and governance (ESG) data don't hold true.
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SDGs drive engagement success, says BMO
13 May 2019BMO claims that a more sophisticated use of the UN Sustainable Development Goals (SDGs) in its 2018 engagement strategy ‘contributed significantly’ to 237 instances of positive change in companies’ environmental, social and governance (ESG) policies.
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Westpac to offer sustainability-linked loans
13 May 2019Australian bank Westpac is to offer green loans whose terms are determined by borrowers' sustainability performance.
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Multi-asset sustainable portfolios outperform regular portfolios, says Heartwood
09 May 2019Two sustainable portfolios run by Heartwood Investment Management (HIM) have outperformed their regular non-sustainable counterparts over a three-year period.
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Norwegian pension fund manager divests from coal companies
08 May 2019Norwegian mutual insurance company KLP, which manages the pension funds of municipal employees, has sold NOK3.2 billion ($365 million) of exposure to 46 companies profiting from coal-based operations.