Archive

Shell strengthens climate ambitions after investor pressure

Royal Dutch Shell has strengthened its climate change ambitions in order to help meet global 2050 greenhouse gas (GHG) emission reduction targets, but campaigners remain unconvinced that the proposals go far enough.

Winners revealed in Environmental Finance's Bond Awards 2020

Environmental Finance's Bond Awards were expanded again this year to reflect the growth and evolution of the green, social and sustainability (GSS) bond markets and to include the nascent GSS loan market.

People Moves, 6 March: DG FISMA, ResponsAbility, Carbon4 Finance

Major shareholder Jupiter supports Barclays fossil fuel funding resolution

Jupiter Asset Management has joined the swelling ranks of investors supporting a shareholder resolution calling on Barclays to phase out its funding for fossil fuel firms.

PRI joins investors in creating expectations for aviation industry

The UN-backed Principles for Responsible Investment (PRI) has laid out investor expectations for the aviation sector in the transition to a low carbon economy.

Best Performing Funds of 2019: Erste WWF Stock Environment

Solar energy holdings and takeover activity pushes Erste WWF Stock Environment to deliver a strong performance in 2019, writes Ahren Lester.

Greencoat Capital launches renewables fund with £280m investment

Greencoat Capital launched a UK renewables infrastructure fund, securing an initial £277 million ($186 million) in commitments from two UK pension funds.

Sustainability-linked bonds 'could outgrow green bond market', says ICMA's Pfaff

The nascent sustainability-linked bond market could outgrow the green bond market, according to the International Capital Market Association, which administers the Green Bond Principles.

Transition-focused index backed by Church of England pension

The pension board of the Church of England (CofE) has allocated £600 million ($780 million) to a fund tracking a first-of-its-kind, custom-made, climate transition index, and issued a rallying call for other pension funds to follow.

£30bn pension fund targets 'not fit for purpose' finance sector

A £30 billion ($39 billion) UK government pension partnership has described the finance sector as "not fit for purpose" for addressing climate change, promising to remove firms and investments managers who fail to perform on the issue.