Archive

  • Investors welcome strengthened Anglo American climate lobbying policy

    23 December 2019

    Major investment firms have welcomed the mining giant Anglo American agreeing to align its lobbying activity to the goals of the Paris Agreement.

  • CofE slams proxy voting firms over BHP resolution

    09 October 2019

    The Church of England Pensions Board has hit out at proxy voting firms ISS and Glass Lewis for their failure to support a climate lobbying resolution at mining giant BHP Billiton.

  • Climate Action – how the bond market can finance the fight

    05 September 2019

    The green bond market and the carbon markets could be combined to help decarbonise the economy, suggests Mark Leahy.

  • GIG acquires 40% of 714MW wind farm for £1.6bn

    12 August 2019

    The Green Investment Group (GIG) has invested £1.6 billion ($1.9 billion) in a 714MW wind farm in the UK, acquiring a 40% stake from Spanish utility Iberdrola.

  • People Moves: LuxFLAG, Aviva, LGIM, Australian Sustainable Finance Initiative, NAB, Allianz SE and ING

    07 June 2019

    The Luxembourg Finance Labelling Agency (LuxFLAG) has appointed Sachin Vankalas as general manager.

  • Norwegian pension fund manager divests from coal companies

    08 May 2019

    Norwegian mutual insurance company KLP, which manages the pension funds of municipal employees, has sold NOK3.2 billion ($365 million) of exposure to 46 companies profiting from coal-based operations.

  • SDG tool highlights climate and ocean risks

    07 November 2018

    A number of companies have scored badly for handling the negative impacts on certain Sustainable Development Goals (SDGs).

  • Investors and corporates join forces in new plastics initiative

    31 October 2018

    More than 15 major institutional investors and organisations representing several hundred companies have joined forces in support of a new initiative "to eradicate plastic waste and pollution at source".

  • ScottishPower sells last gas asset to complete shift to renewables

    17 October 2018

    ScottishPower has become the first integrated energy company in the UK to shift completely from coal and gas generation to wind power, after completing the sale of its traditional generation business to power company Drax for £702 million ($922 million).

  • BP CEO sparks row as he attacks scenario planning and divestment

    12 October 2018

    BP chief executive Bob Dudley attacked scenario analysis as "increasingly unhelpful" and "confusing for investors", while also criticising the fossil fuel divestment movement.