Archive

LGIM calls on policy makers to take action on climate change

Legal & General Investment Management (LGIM) has called on governments to urgently bring in policies to tackle climate change, such as a carbon tax, after it conducted modelling that found there is a compelling economic case for immediate action.

Corporate green bond issuers 'should have transition strategies'

Investors should base decisions about whether to invest in corporate green bonds on their issuer's forward-looking and low-carbon transition strategy, said panelists at a conference of NGO Climate Bonds Initiative (CBI).

People Moves: Transition Pathway Initiative, GRI, Credit Suisse, IETA, CalPERS, Hermes EOS, CGC, Robeco and DZ Bank

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

Columbia Threadneedle boosts responsible investment team

Set climate targets, power sector told by investors with $11trn in assets

Twelve of Europe’s highest-emitting power companies have been instructed to set out Paris-aligned transition plans by a group of investors with $11.5 trillion in assets under management (AUM), as they warn of the ‘potentially catastrophic’ effects of climate change.

EU taxonomy hits political headwinds that could delay it until 2020

The EU’s proposed taxonomy on environmentally sustainable activities has been delayed by the European Parliament, and may not enter legislation until 2020, Environmental Finance has learned.

Brunel selects Hermes EOS for engagement

Brunel Pension Partnership has appointed Hermes Equity Ownership Services (EOS) to provide voting and engagement services.

Federated Investors takes majority stake in Hermes

Federated Investors, a US investment manager, has purchased a 60% stake in Hermes Investment Management from the BT Pension Scheme for a total consideration of £259.9 million ($341.5 million).

People Moves: BlackRock, Macquarie Infrastructure Debt Investment Solutions, AP4, ING, Lightsource BP, European Investment Bank, IIGCC, DNCA Finance and FRC

BlackRock has lost one of the leaders of its push into impact investing, Environmental Finance has learned.

Bondholders wake up to ESG engagement potential

Fixed income investors are increasingly engaging on environmental, social, governance (ESG) issues, as they wake up to their power to influence companies.