Archive

Pattern Energy acquired by Canada Pension Plan Investment Board

The Canada Pension Plan Investment Board (CPPIB) will acquire Pattern Energy in an all-cash transaction for $26.75 per share, valuing the American renewable energy company at $6.1 billion.

Businesses urged to adopt 'natural capital thinking'

Companies around the world are being encouraged to sign a 'Natural Capital Commitment' to help reverse the loss of natural resources and develop a strong business voice to influence political decisions on the issue.

WCI Carbon Market Update, 4 November 2019

The reaction of financial sector players to President Trump's legal challenge to the WCI market could determine the next move in allowance prices, says Nicolas Girod*

California wildfires illustrate how ESG factors can affect credit, says Moody’s

Wildfires that ravaged parts of California in recent days show the connection between environmental and social risks, and the credit quality of utilities in the US state, Moody’s has said.

Austrian energy company receives EIB's second Green Loan

The European Investment Bank (EIB) is to grant Austria-based Energie Steiermark a €90 million ($100 million) loan for climate action and sustainable investment projects.

ShareAction: US investors fail to back on climate resolutions

More evidence has emerged of US investor failure to back climate-related shareholder resolutions, this time in a report from sustainability pressure group ShareAction.

People Moves: NBIM; BNP Paribas; Insurance Council of Australia; Solarcentury; Truvalue Labs; Triodos

Yngve Slyngstad, CEO of Norges Bank Investment Management (NBIM), has announced his resignation as leader, although he will continue to work for the sovereign wealth fund it manages.

One in 10 mining tailings dams have history of stability issues, investors reveal

Mining company disclosures to investors have revealed that more than 10% of those with tailings dams have encountered stability issues.

Schroders completes acquisition of impact investor BlueOrchard

New Zealand consults on comply-or-explain TCFD disclosures

New Zealand’s government has opened a consultation on introducing a comply-or-explain disclosure regime that would draw on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).