Archive

  • French regulator calls for ‘green and brown’ taxonomy

    12 April 2019

    France’s financial regulator has called for the rapid introduction of a formal definition of investments that are beneficial or detrimental to the environment – a so-called taxonomy of ‘green’ and ‘brown’ assets.

  • Success of $32trn Climate Action 100+ ‘at risk’, say NGOs

    12 April 2019

    The success of the Climate Action 100+ (CA100+) collaborative investor engagement initiative is being jeopardised because many investors are failing to fully support it, according to a group of civil society organisations.

  • Norway's oil fund to divest upstream oil and gas companies

    08 March 2019

    Norway's giant 'oil fund' is set to divest from NOK70 billion ($8 billion) of oil & gas exploration and production companies, in "a significant landmark" in the energy transition.

  • People moves: SASB, J.P. Morgan AM, Chronos, Ramboll

    01 March 2019

    Madelyn Antoncic has been named chief executive of the Sustainability Accounting Standards Board (SASB) Foundation.

  • Exxon seeks to block shareholder proposal

    25 February 2019

    ExxonMobil is trying to block a shareholder proposal in which investors call on the oil giant to account for emission reduction targets.

  • Short-sellers 'to target weak oil & gas firms' in 2019

    12 February 2019

    Short-sellers could start targeting the weakest oil and gas firms in 2019, as their business models come under pressure from increasingly competitive renewables.

  • BP to support CA100+ shareholder resolution

    01 February 2019

    Oil and gas giant BP is set to broaden its corporate reporting to describe how its strategy is consistent with the goals of the Paris Agreement, after it committed to supporting a Climate Action 100+ (CA100+) shareholder resolution.

  • ABP launches energy transition fund

    30 January 2019

    Dutch Stichting Pensioenfonds ABP (ABP), which has €399 billion of assets under management, has launched an energy transition fund to reduce carbon dioxide emissions and finance the energy transition in the Netherlands.

  • People moves: CalPERS, FCLTGlobal, NNIP, Lightsource BP, ALLCOT Colombia

    18 January 2019

    Elisabeth Bourqui has resigned as chief operating investment officer at public pension fund California Public Employees' Retirement System (CalPERS), after less than eight months in office.

  • People Moves: Columbia Threadneedle, Natixis, NBIM, BMO Capital Markets, Hong Kong Green Finance Association, FRC, Pattern Energy and NextEra Energy Partners

    04 January 2019

    Columbia Threadneedle boosts responsible investment team