Bank of America, GE, Schlumberger dropped from Dow Jones sustainability index
General Electric, Bank of America Corp and Schlumberger have all been dropped from the Dow Jones Sustainability Indices (DJSI) this year, following an annual review of constituents carried out by sustainable investment specialist RobecoSAM.
Allianz buys solar farm from BayWa
Allianz Global Investors has bought a UK solar farm from the renewables arm of German conglomerate BayWa, and the two firms are in talks about further deals.
$5trn investor group pushes for sustainability action
There is a "moral, financial and economic case for action" from the investment community to deal with environmental risks that intersect with financial markets, a report published by 11 major investors has claimed.
Expect more frequent weather extremes, says Allianz director
Recent extreme weather conditions in the UK and the US are connected, and are likely to be more frequent in the future, according to Clement Booth, a member of Allianz's management board.
Insured losses from EU floods may treble by 2050
The cost of floods in the EU may double to €23.5 billion a year by 2050, according to an academic study.
Allianz to engage clients on sustainability risks
Allianz has become the latest insurer to subscribe to the Principles for Sustainable Insurance, a UN-supported programme to encourage greater integration of environmental, social and governance issues into underwriting and investment.
French cleantech fund makes first US investment
A young Paris-based venture capital firm specialising in clean energy and environmental technologies has bought an undisclosed stake in a Californian energy efficiency company.
Northern lights
While many countries covet the US shale gas revolution, could Scandinavia help lead a more sustainable revolution in Europe?
People moves, late September
The latest people moves in the environmental markets, including appointments at J. Safra Sarasin, Standard Life Investments, Allianz Global Investors, F&C Investments, Carbon Capture and Storage Association and more
Allianz closes €150m renewables fund, and appoints new manager
Allianz Global Investors (GI) has reached a final close for a renewables fund, with €150 million ($203 million) of commitments from institutional investors, and recruited a new manager to bolster its clean energy team.