Investors target Volkswagen for climate lobbying
Seven European investors have co-filed a shareholder resolution with Volkswagen for "trailing behind its peers" to report its climate lobbying, after more than three years of dialogue with the car company.
The ESG data files, part six: TCFD and the challenge of looking forward
Requests for strategic information about the risks and opportunities posed by climate change have proved a step too far for many. Joe Walsh and Peter Cripps report
€40bn planned climate endowment to invest in 'green industrial revolution'
A planned "climate endowment" fund hopes to raise between €20 billion ($22.6 billion) and €40 billion to enable institutional investors to invest in "the champions of the green industrial revolution".
Investors up pressure on mining companies to disclose
A group of investors with $10.3 trillion in assets has demanded that mining companies provide disclosures, within 45 days, on every tailings facility under their control.
Why AP4 is making the shift to a 2°C aligned portfolio
What is the outcome of AP4's series of scenario analyses so far, asks Elena K. Johansson.
Amundi's one-year-old green bond fund 'ahead of schedule'
The world's largest green bond fund bought more green-labelled issuance in its first year than originally anticipated, Frédéric Samama tells Michael Hurley
AP4 phases out high-carbon emitting oil sands
The Fourth Swedish National Pension Fund (AP4) has divested from oil sands on the grounds of new Swedish legislation, and amended its investment policy accordingly.
Setting a European benchmark
The European Commission's bold proposals to reform benchmark regulation are designed to increase the flow of green finance and reduce the risk of 'greenwashing'. Michael Hurley asks why change is required
Majority of world’s largest pension funds neglect climate risk, says AODP
Nearly two thirds of the world’s largest pension funds have little or no disclosed strategy on climate change, potentially putting them at risk of breaching their fiduciary duty to savers, according to a study by the Asset Owners Disclosure Project (AODP).
People Moves: BlackRock, Macquarie Infrastructure Debt Investment Solutions, AP4, ING, Lightsource BP, European Investment Bank, IIGCC, DNCA Finance and FRC
BlackRock has lost one of the leaders of its push into impact investing, Environmental Finance has learned.