Archive

  • Pension firm divests NOK500m from coal but challenges 'stranded assets' theory

    25 November 2014

    Norwegian pension giant KLP has dismissed the "stranded assets" debate, but still plans to divest from coal companies in favour of renewable energy.

  • Deforestation attracts more concern from investors and corporates, says CDP

    10 November 2014

    This year has seen a 30% increase in the number of institutional investors requesting information about deforestation caused by the companies in which they invest, according to a new report.

  • Rockefeller's $860m fund to quit fossil fuel investments

    22 September 2014

    The $860 million Rockefeller Brothers Fund is to divest from fossil fuel investments, starting with coal and tar sands, two of "the most intensive sources of carbon emissions," fund president Stephen Heintz said.

  • Will there be blood?

    16 July 2014

    The stranded carbon assets debate has gathered steam in the wake of a new report on the oil sector and after fossil fuel giants addressed the issue for the first time. What are the implications for investors, asks Peter Cripps.

  • FTSE launches first fossil fuel-free index, BlackRock investment product to follow

    29 April 2014

    Index provider FTSE has developed the first index family that excludes fossil fuel-based companies, as 'stranded assets' fears gain momentum among investors.

  • AfDB issues its second green bond of 2014

    11 March 2014

    The African Development Bank (AfDB) has tapped the green bond market for the second time this year, after a SEK 1 billion ($153 million) issue was bought by Swedish investors.

  • Swedish insurer snaps up African green bond

    24 February 2014

    SPP, a Swedish pensions and insurance provider owned by Storebrand, was the sole buyer of a SEK 1 billion ($153 million) green bond issue from the African Development Bank (AfDB).

  • Storebrand excludes 10 utilities to further reduce coal exposure

    24 January 2014

    Norwegian savings and pensions provider Storebrand has excluded the 10 utilities with highest share of power generation from coal to reduce its exposure to fossil fuels and emissions.

  • Storebrand ditches palm oil companies

    22 January 2014

    Norwegian financial services firm Storebrand has excluded 11 palm oil plantation owners from all portfolios to reduce its exposure to climate change risks.

  • Stranded assets: the divestment debate

    14 October 2013

    There are calls for investors to reduce their exposure to fossil fuel stocks amid fears that their valuations will slump if politicians make good on their climate promises. But is now the right time to divest? Two institutional investors with contrasting views spoke to Environmental Finance