Archive

Blue like an Orange raises $200m for Latin America impact fund

Blue like an Orange Sustainable Capital has raised $200 million at final close of its inaugural impact fund, which will target positive social impact in Latin America via private lending.

Pimco engages with 175 issuers for ESG portfolios

Norwegian oil fund exits stakes in 12 firms on ESG concerns

The giant Norwegian oil fund has excluded a dozen companies from investment due to environmental, social, and governance (ESG) concerns, including mining giants such as Anglo American, Glencore and Vale in which it was a major shareholder.

Oil majors accused of using CA100+ as 'fig leaf' to disguise inaction

Oil supermajors have been accused of using joint statements with investor initiative Climate Action 100+ (CA100+) as a means to disguise limited action on emissions reductions.

A fifth of Barclays investors back fossil fuel financing phase out

More than a fifth of investors in Barclays backed a shareholder resolution urging the FTSE 100-listed lender to outline a plan to phase out its financing for fossil fuel firms.

M&G and EOS support Barclays fossil fuel funding resolution

M&G Investments and EOS have confirmed they will support a shareholder resolution calling on Barclays to phase out its funding for fossil fuel firms, but Norway's sovereign wealth fund will not be supporting it.

Barclays' new targets won't cause pension funds to drop climate resolution

Two UK local government pension funds announced they will vote in favour of Barclays' proposed net-zero emissions ambition resolution, but will still back a climate resolution pressuring the lender to strengthen its commitments.

Transition Pathway Initiative eyes analysis of corporate debt market

The Transition Pathway Initiative (TPI) plans to extend its analysis of management quality and carbon performance to corporate issuers of fixed income products.

Catholic institutions pledge to up impact investments

A group of Catholic institutions with about $40 billion in combined assets has pledged to allocate more capital to impact investments.

S&P Dow Jones launches Paris-aligned index family

S&P Dow Jones Indices (S&P DJI) has launched a family of climate-focused European indexes which are consistent with the specifications of the EU technical expert group on sustainable finance (TEG) report.