-
Axis Capital limits coal underwriting and investment
17 October 2019Lloyd’s re/insurer Axis Capital has announced a new thermal coal and oil sands underwriting and investments policy after weeks of speculation on the issue.
-
Sustainalytics report shows ESG risks for Australian equity investors
17 October 2019Environmental, social and governance (ESG) research provider Sustainalytics has assessed areas in the Australian sector including energy and climate policy, and human rights in the supply chain.
-
UK regulator prepares ‘comply or explain’ TCFD rules
17 October 2019The UK’s financial conduct watchdog will consult on new rules to encourage disclosure of climate-related risks by financial firms in early 2020.
-
ESG adoption declines amid concerns of its merits, RBC survey
16 October 2019The rate of investors adopting environmental, social and governance (ESG) into their strategies has declined over the last year, according to a survey by Royal Bank of Canada General Asset Management (RBC GAM). RBC GAM also found investors who were unsure of the ability of ESG adoption to manage risk rose as did the percentage of those who believed an ESG strategy would perform worse than a non-ESG one.
-
CBI says 2019 saw largest green bond spread compression
16 October 2019The first half of 2019 saw the largest average spread compression and oversubscription of green bonds for two-and-a-half years, according to the Climate Bonds Initiative (CBI).
-
Bonds round-up: Enel, Ireland, EBRD, IADB ... and more
16 October 2019 -
Enel's sustainability-linked bonds to be first of many, says Moody's
16 October 2019Moody's believes Sustainable Development Goals (SDGs)-linked bonds, such as Enel's recent €2.5 billion ($2.8 billion) issue, will become more common as investors are increasingly interested in issuers' overall sustainability credentials.
-
Renewables projects can contain widespread human rights concerns, say analysts
16 October 2019British risk analysis firm Verisk Maplecroft has identified a range of labour rights issues in solar and biofuel energy supply chains 'flying under the radar'.
-
Clean Energy Ventures upsizes energy innovations fund
16 October 2019Clean Energy Ventures (CEV), a US venture capital company, has attracted $110 million for its first fund, which was originally intended to raise $75 million.
-
Environmental groups target US corporates for climate change action
16 October 2019Eleven environmental groups have sent an open letter to the CEOs of US businesses urging them to step up their action on climate change.