Archive

$1.8bn coalition to divest from fossil fuels, reinvest in clean-tech

A coalition of philanthropic funds managing a combined $1.8 billion of assets committed to divest from fossil fuels and increase investments in "the clean energy economy", in the latest sign that the stranded assets movement is gaining momentum.

Robins to leave HSBC to spearhead UNEP Inquiry

Nick Robins is to step down as head of HSBC's Climate Change Centre to help lead a United Nations Environment Programme inquiry into how to green the world's economy.

Storebrand ditches palm oil companies

Norwegian financial services firm Storebrand has excluded 11 palm oil plantation owners from all portfolios to reduce its exposure to climate change risks.

Stranded assets: big four UK miners could see $20bn hit to coal assets - HSBC

The big four UK-listed miners could see more than $20 billion wiped from the value of their coal assets in a low-carbon scenario, analysts at HSBC have calculated.

Q&A: Marcel Jeucken, managing director of responsible investment at PGGM Investments

High hopes?

Some of the most influential members of the environmental investment community share their reflections on 2013 and gaze into their crystal ball for the coming 12 months

European utilities urged to stress-test investments to avoid stranded assets

Utilities in the EU should stress-test existing and planned investments to avoid stranded asset risk, a report has urged after some €6 billion ($8 billion) of gas-fired power was shuttered in the region last year.

Looking back at 2013

Stranded assets, retroactive subsidy cuts and backloading were among the themes that dominated the markets in 2013. Peter Cripps looks back on some of the highs and lows of the past 12 months.

China's environmental drive 'could strand Australian coal assets'

Australian coal assets are at risk of becoming devalued if China's demand for the commodity declines, a report has warned.

Bloomberg attempts to quantify risk of 'stranded assets'

A tool to help investors and companies quantify the potential risk they face if fossil fuel assets become 'stranded' as a result of government action to combat climate change, has been launched by Bloomberg.