CISL to launch open-source tool to assess infrastructure transition risk
The Cambridge Institute for Sustainability Leadership (CISL) is preparing to launch a modelling tool to assess how the transition to a low-carbon economy will impact the financial performance of infrastructure investments.
French insurers’ climate-related disclosures mostly ‘difficult to understand’, says WWF
French insurers' climate-related disclosures have improved, but the information is still often inaccessible and difficult to understand, according to research by WWF France.
IIGCC publishes climate scenario analysis guide
Investors who use scenario analysis will be better equipped to respond to early warning signs, such as a rising carbon price, and take more informed investment decisions as the low-carbon transition evolves.
Major insurers to cooperate on climate risk tools
The UN Environment Programme Finance Initiative (UNEP FI) has announced a partnership with 16 of the world largest insurers to develop a new generation of climate risk assessment tools.
Hannover Re defends coal investing
Reply to criticism comes on heels of Vienna Insurance Group's own defence
TCFD exceeds target of 500 supporters
A total of 513 organisations have now expressed support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), beating the secretariat's target of 500 by the end of this year.
CBA, Samsung and Bayer dropped from DJSI World index
S&P Dow Jones Indices and RobecoSAM have excluded Commonwealth Bank of Australia (CBA), Samsung Electronics and healthcare company Bayer from the widely-followed Dow Jones Sustainability World Index (DJSI World).
The growing pains of green bond funds
A lack of size, diversification and awareness are among the main challenges facing the fledgling green bond market, a poll of fund managers has revealed. Molly Wilson reports
Pimco wins AUD440 million ESG fixed income mandate
Australian pension fund Local Government Super (LGS) has awarded Pimco a mandate to manage AUD440 million ($322 million) of fixed-income securities according to environmental, social and governance (ESG) principles.
Green bond funds double AuM in 12 months (Full table here)
Total assets under management (AuM) in green bond funds has more than doubled since July 2017, to $5.34 billion, according to a survey by Environmental Finance. In the same period, the number of funds has risen by more than a third, to 38.