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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.

HSBC has downplayed the risk of 'stranded assets' in the oil and gas sectors, pointing to the likelihood of continuing reliance on the industry for decades

Major investment firms have welcomed the mining giant Anglo American agreeing to align its lobbying activity to the goals of the Paris Agreement.

Spanish oil and gas company Repsol has committed to align its lobbying practices with the aims of the Paris Climate Agreement, in response to engagement by a group of European investors.

None of the 50 largest oil and gas companies have aligned their emission intensity with a pathway that would keep global warming to 2°C, as called for in the Paris Agreement on climate change, according to the Transition Pathway Initiative (TPI).

Heads were turned when it was recently revealed that just 17% of the market value of bonds contained in the Bloomberg Barclays MSCI Green Bond Index would meet the proposed EU Taxonomy criteria – and thus be eligible to be verified in line with the EU Green Bond Standard (GBS).

Bank of America Merrill Lynch (BAML) has weighed in on the debate about the creation of a new market for transition bonds, suggesting that at least a quarter of the proceeds of bonds bearing this label should be used to finance green assets or projects.

A ‘climate action bond’ issued by natural gas infrastructure company Snam has reignited a debate around whether there is a place at the green bond table for fossil fuel firms.

The Transition Pathway Initiative (TPI) – an asset-owner led initiative backed by more than $9.3 trillion in assets – plans to create a new, global, low-carbon equity index.

Danish pension fund PKA has said divestment is a possibility for 64 oil and gas companies with which it is currently engaging on climate-related issues.