Sovereign wealth funds worth $3trn devise climate framework
Six of the biggest sovereign wealth funds, with a combined $3 trillion in assets, have come together to launch a framework on how to integrate climate change into their investment decisions.
People moves: Loomis Sayles, APG Asset Management, Axa Investment Managers and NatureBank Asset Management
Loomis Sayles has appointed Kathleen Bochman as director of environmental, social and governance (ESG).
$3trn of investors launch pilot group on TCFD
Nine investors representing around $3 trillion of assets have joined forces to promote climate transparency.
Norway's wealth fund puts shipping and power under scrutiny
The world's largest sovereign wealth fund is expected to expand its emissions exclusion criteria to cover more sectors.
Norway oil fund plots path to divestment
Norway's finance ministry has set up an expert group to explore radical changes to the way it invests in energy stocks through its $1 trillion sovereign wealth fund, including abandoning investments in oil and gas companies.
TCFD: Investors should use 'building blocks' to assess climate scenarios
Investors should question whether the climate scenarios produced by the companies they own are credible, by considering five key aspects, a report has argued.
Investors start to weigh water risks
Investor interest in corporate water risk is increasing fast. A range of tools and services are being developed to help companies respond. Graham Cooper reports
NBIM says palm oil still too risky to invest in
Norges Bank Investment Management (NBIM), which manages Norway's $900 billion sovereign wealth fund, has said it considers the palm oil sector to be still "too risky for investment".
Sustainalytics opens Tokyo office as it eyes Asia expansion
Sustainalytics has opened an office in Tokyo, as it looks to expand its Asian activities.
Leading the charge
The historic Paris climate change agreement has underlined what is arguably the biggest challenge faced by financial markets in a generation, says Peter Cripps