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Stranded asset risk reporting needs update, says CDSB
30 April 2014The Climate Disclosure Standards Board (CDSB) has developed a set of proposals designed to encourage companies to release information about stranded asset risks to investors.
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FTSE launches first fossil fuel-free index, BlackRock investment product to follow
29 April 2014Index provider FTSE has developed the first index family that excludes fossil fuel-based companies, as 'stranded assets' fears gain momentum among investors.
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Stranded assets could cost $28trn, warns Kepler
28 April 2014The fossil-fuel industry risks losing $28 trillion in revenues if policies are brought in to avoid catastrophic climate change, Kepler Cheuvreux has claimed.
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'Generational change' behind ESG growth, says AXA
14 April 2014Evidence is mounting that investors are increasingly keen to monitor environmental, social and governance (ESG) risks within their portfolios, claimed AXA Investment Managers (IM).
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Infrastructure funds should address stranded assets fears, pension fund argues
09 April 2014There is a lack of diversified infrastructure funds that take into account carbon risk, the chief investment officer of the UK Environment Agency's pension fund has claimed.
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Engage on stranded assets, don't divest, pension fund advised
08 April 2014The £2.3 billion ($3.8 billion) pension fund of the UK's Environment Agency has been advised to engage with fossil fuel companies about the risk of stranded assets, rather than divest its holdings.
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Kepler Cheuvreux hires former Deutsche Bank carbon analyst
01 April 2014Former Deutsche Bank carbon analyst Mark Lewis has been appointed as a senior member of brokerage Kepler Cheuvreux's sustainability research team.
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Exxon disappoints investors with response to 'stranded assets' risk
01 April 2014ExxonMobil has rejected the suggestion from several investor groups that much of its fossil-fuel reserves will be rendered 'unburnable', as a result of global efforts to combat climate change.
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First State sets up 'stranded assets' working group
27 March 2014Asset manager First State has set up a working group to explore the dangers that 'stranded carbon assets' pose to its investment portfolio.
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Exxon Mobil to report on 'stranded assets' risk
21 March 2014Energy giant Exxon Mobil has bowed to shareholder pressure to report on how it assesses the risk of its fossil fuel reserves becoming 'stranded assets' as a result of action to combat climate change.