Archive

  • PRI publishes 'scope' for governance review

    07 February 2014

    The Principles for Responsible Investment (PRI) has published a 'draft scope' to guide a review of its governance structure in response to concerns that led to the departure of eight signatories last year.

  • F&C sees ESG opportunity in wake of BMO deal

    06 February 2014

    F&C said its planned acquisition by BMO Financial Group will allow it to increase its ambition for marketing its sustainability products, while it has made a new hire to help boost its coverage of Asian markets.

  • Rating agencies are 'not adequately taking ESG into account'

    06 February 2014

    Credit rating agencies are currently failing to adequately take account of environmental, social and governance (ESG) issues, a conference heard, with some market participants rating their performance as just three out of 10.

  • European utilities urged to stress-test investments to avoid stranded assets

    17 January 2014

    Utilities in the EU should stress-test existing and planned investments to avoid stranded asset risk, a report has urged after some €6 billion ($8 billion) of gas-fired power was shuttered in the region last year.

  • Notenstein launches 10 sustainable funds

    07 January 2014

    Notenstein Private Bank has launched 10 sustainable equity funds, marking the first time it has offered such products to institutional investors.

  • PRI appoints external advisor after two more Danish signatories exit

    20 December 2013

    The Principles for Responsible Investment (PRI) today pledged to appoint an independent external advisor to review its governance after two more Danish signatories exited the initiative as a result of governance concerns.

  • China's environmental drive 'could strand Australian coal assets'

    17 December 2013

    Australian coal assets are at risk of becoming devalued if China's demand for the commodity declines, a report has warned.

  • Six Danish investors leave PRI, blaming governance issues

    13 December 2013

    Six Danish pension funds have exited the UN-backed Principles for Responsible Investment (PRI), accusing the organisation of not meeting "basic requirements for good corporate governance".

  • Braine takes reins at IETA

    03 December 2013

    The International Emissions Trading Association (IETA) has appointed Bruce Braine, a vice-president responsible for strategic policy analysis at American Electric Power, as its new chairman. He replaces David Hone, senior climate change adviser at Shell, who is stepping down after three years in the role.

  • Conergy in '€100m' UK solar farm deal

    22 November 2013

    Two UK developers have sold five solar farms and have given the buyers the option to purchase an additional four projects, in a deal that could be worth more than €100 million ($134.4 million).