Storebrand excludes 27 firms as it tightens climate policy
Norwegian asset manager Storebrand has tightened its climate policy significantly, which will see it exclude 27 firms including oil majors Chevron and ExxonMobil, miner Rio Tinto and chemicals giant BASF.
$1.8trn investor group urges US utilities to set net-zero carbon deadline
Investors representing a combined $1.8 trillion in assets have demanded that the 20 largest publicly traded electricity utilities in the US commit to achieving net-zero carbon emissions.
LGIM announces exclusions from its £5bn Future World Funds
Legal & General Investment Management (LGIM) has named the companies it regards as leaders and laggards on climate change issues, as part of its attempt to remove climate-related risk from its £5 billion ($6.7 billion) Future World funds.
UK pension scheme NEST divests £27.2m from high carbon companies
The UK's national workplace pension provider has divested £27.2 million from companies that it deems are not adequately adapting to a low-carbon economy, including Exxon Mobil and Royal Dutch Shell, it has said.
Green bond comment, June - Of Repsol and reputation
Repsol's green bond rocked the green bond market in May by reigniting the 'what is green' debate.
US power company issues second benchmark-sized green bond
Southern Power has returned to the green bond market with its second benchmark issue, this time denominated in euros.
EF BRIEFS: Morgan Stanley, Georgia Power, RWE, Viridor
Morgan Stanley has closed its second infrastructure fund, securing $3.6 billion from investors.
Green bond market to see at least $55bn of issues in 2016, says HSBC
The green bond market will notch up another year of solid growth, according to analysts at HSBC, who predict between $55 billion and $80 billion of issues in 2016.
Southern Power ups green bond to $1bn
Southern Power has increased the size of its inaugural green bond to $1 billion after being nearly five-times oversubscribed.
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