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Delayed action on energy transition could double stranded assets, says IRENA
11 July 2017Delaying new policy measures to curb global warming to 2030 will cost an extra $10 trillion in stranded assets, compared to an accelerated deployment of renewables and energy efficiency starting now, according to the International Renewable Energy Agency (IRENA).
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Pension funds' response to climate risk is glacial, says Mercer
26 June 2017Ahead of the much anticipated final release of a report by the Task Force on Climate-related Financial Disclosures (TCFD), a survey by consultancy firm Mercer has found that only 5% of European pension funds consider the investment risk climate change poses to their portfolios.
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First State's stranded assets framework adapted by fixed income team
26 June 2017First State Investments' High Yield Fixed Income team has adopted a stranded assets framework into its decision making processes.
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Lawsuit threats will not deter Californian commissioner on coal divestment
22 June 2017Commissioner Dave Jones reveals the number of legal-action threats received since he launched a Climate Risk Carbon Initiative
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Oil & gas companies risk $2.3trn in stranded assets
21 June 2017$2.3 trillion of future upstream investments by 69 oil & gas companies is at risk of becoming stranded assets, according to a new report by Carbon Tracker Initiative and the Principles for Responsible Investment (PRI).
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Sustainability in the digital age
16 June 2017Zouk Capital's Samer Salty explains his thoughts on sustainable investing, cleantech and the measurement of impact to Peter Cripps
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CalSTRS to sell remaining holdings in coal companies
12 June 2017The California State Teachers Retirement System (CalSTRS) has committed to sell all of its remaining shares in companies that produce coal for power generation by 1 July.
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North American electricity utilities trail European counterparts in transition to low-carbon economy
09 June 2017Electricity utilities are, on average, not reducing emissions fast enough to be in line with a scenario that would limit climate change to the Paris Agreement's 2°C target, a Transition Pathway Initiative (TPI) study has found.
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Transition Pathway Initiative grows to £3trn of AUM
09 June 2017New investors have joined the Transition Pathway Initiative (TPI), which can now claim to be supported by £3 trillion ($3.88 trillion) of assets.
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Devon shareholders reject climate resolution
08 June 2017Shareholders of US oil company Devon Energy have voted against a resolution calling on the company to do more to report on climate change at its annual general meeting (AGM).