Stranded assets: approaching a tipping point?
The concept of 'unburnable carbon' is still relatively new, but there are encouraging signs that fossil fuel-based companies are starting to pay attention, argues Julie Gorte
Storebrand to evaluate utility holdings for 'stranded assets'
Asset manager Storebrand will analyse the sustainability of its utility holdings next month, Environmental Finance can reveal, following an analysis of the energy sector earlier this year which led to 19 exclusions.
Agriculture assets at 'significant risk' of becoming devalued – report
Climate change could cause assets in the agriculture sector to become 'stranded', a report has claimed, warning that an extreme loss of natural capital could result in $11.2 trillion being wiped off the value of agriculture assets in one year.
More investors divest or avoid investment on climate change concerns – survey
The proportion of investors that divested or chose to avoid investment based on concerns related to climate change grew rapidly last year, a survey has suggested.
Investment manager hires head of sustainable investing
A leading university's investment management arm has appointed a vice-president for sustainable investing, amid mounting calls for universities to divest from fossil fuel holdings.
Global benchmark performs better without fossil fuel stocks, claims asset manager
Eliminating the fossil fuel stocks from a global benchmark index and replacing them with environmentally friendly alternatives would have had a positive effect on return over the past seven years, an asset manager has claimed.
Reasons for hope?
On the face of it, there's plenty to be pessimistic about in the environmental markets at the moment.
Stranded assets alert
Nicholas Stern has warned that many oil and gas and mining companies may be overvalued, in a 'bubble' that would threaten the security of global financial markets. Peter Cripps and Katie Kouchakji report
IEA adds to warnings on 'stranded' energy assets
The International Energy Agency has added its voice to warnings that action to combat climate change threatens to leave energy companies with 'stranded assets'.
Stern: Climate action could see oil and gas companies' valuations drop 60%
The valuations of mining and oil and gas companies need to be rethought to account for the threat action on climate change poses to their business models, said Nick Stern yesterday.