Benchmark indexes 'should start incorporating ESG factors'
Benchmark equity indexes should start incorporating environmental, social and governance (ESG) data into their rules, a major insurer has said.
French institutions invest in €425m green energy infrastructure fund
French insurer CNP Assurances and asset manager Meridiam have raised €425 million ($480 million) for a fund that will invest in sustainable energy projects.
Show me the green money!
Issuers of green bonds are increasingly seeking 'green investors'. But how to define a green investor, and why target them, asks Hamza Ali
Allianz GI acquires second wind farm from Arise
Allianz Global Investors (GI) has bought a 12.8MW operational wind farm from Swedish developer Arise for €19.1 million ($21.4 million).
PRI 'can't be both promoter and examiner' of responsible investment
The Principles for Responsible Investment (PRI) cannot remain both the "promotor and examiner" of responsible investment, according to a panel of industry leaders.
London's 'super sewer' seeks up to £400m from bond sale
Bazalgette Tunnel, the company managing construction and financing of a 25km new sewer under the river Thames in London, aims to raise between £200 million and £400 million ($293 million - $586 million) from a sale of bonds.
Aegon backs out of coal and plans 'in-depth' assessment of climate risks
Dutch insurer Aegon is the latest investor to divest from coal, citing concerns about stranded assets, and has committed to an in-depth assessment of its exposure to climate change risks.
EF BRIEFS: Allianz; Electric car subsidy, US Clean Power Plan hearing postponed
Allianz Global Investors has acquired an onshore wind portfolio from the Dutch Infrastructure Fund (DIF).
Allianz Risk Transfer launches innovative wind hedge tool
Allianz Risk Transfer (ART) has announced a 10-year wind revenue hedge with an annual fixed payment structure that provides "revenue certainty never before available to the wind industry".
EF BRIEFS: Allianz, Fortum, Morrissey & Figueres
Allianz aims to double the size of its renewable energy and infrastructure portfolio to about €14 billion ($16 billion) "in the medium term", a spokeswoman said.