People Moves 23 September: HSBC, Impax, LGIM ... and more
LGIM divests two laggards as part of 'climate pledge'
Legal & General Investment Management (LGIM) is to divest two companies from funds managing £87 billion ($105 billion) for failure to take action on greenhouse gas emissions,...
L&G's chief executive defends climate free speech
Nigel Wilson supports right to air anti-climate change comments as HSBC's Stuart Kirk fallout continues
Net-Zero Asset Owner Alliance adds five members
L&G invests £300m in world's largest offshore wind farm
UK financial services group Legal & General (L&G) has agreed to provide £300 million ($395 million) of long-term acquisition debt to help Danish pension funds PKA and PFA buy 50% of UK offshore wind farm Walney Extension from Ørsted (formerly known as Dong Energy).
L&G makes first US renewable energy debt deal
Legal & General (L&G) has loaned US-based renewables developer Ahana Operations $65.8 million, marking its first foray into the US renewable energy debt market.
EF BRIEFS: FrieslandCampina, NTR wind fund, Engie, Enel, ScottishPower, Wheb
Dutch dairy cooperative FrieslandCampina has become the second issuer to issue a green Schuldschein – a type of German privately-placed debt instrument similar to a mid-term note.
Low-carbon indexes 'outperform', says report
Indexes reweighted in alignment with a 2˚C scenario outperformed their mainstream equivalents, according to a report.
Legal & General pledges further investments in UK renewables
Insurance company Legal & General (L&G) plans to increase its UK investments in renewable energy, despite recently announced changes to national support mechanisms, said CEO Nigel Wilson.