News Round Up: ExxonMobil, Legal & General, and more
News Round Up: World Bank, Bridgewater, CIMB, and more
L&G to invest £100m in UK affordable housing provider
Legal & General Investment Managers Real Assets has invested £100 million ($126 million) in Bromford Housing Group, an affordable homes provider in central and south west England.
Exxon climate resolution gains further support ahead of tomorrow's AGM
The UK's Local Authority Pension Fund Forum (LAPFF) has called on its members to oppose the re-election of the entire ExxonMobil board, adding to pressure on the oil and gas giant's climate policies.
LGIM to oppose election of ExxonMobil executive chair
Legal & General Investment Management (LGIM) has added to growing investor pressure on ExxonMobil to implement improved climate policies ahead of its AGM.
LGIM praises Enel's SDG-linked bond
Legal & General Investment Management has weighed in to the debate on Enel's controversial 'Sustainable Development Goals-linked bonds', arguing that they are "better" than green-labelled issues.
Fossil fuel exclusion proves a slow burn for US insurers
US insurers say they are ready to stop investing in climate-harming coal. But only one has divested from the fossil fuel to date. Could Chubb’s move be the start of a wider transition by US insurers away from fossil fuels or is it empty talk? Sarfraz Thind reports.