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ABP launches energy transition fund
30 January 2019Dutch Stichting Pensioenfonds ABP (ABP), which has €399 billion of assets under management, has launched an energy transition fund to reduce carbon dioxide emissions and finance the energy transition in the Netherlands.
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Climate disclosure should benefit the economy, say analysts
30 January 2019Better disclosure of how companies are affected by climate change can yield economic benefits, as well as highlighting potential risks, analysts stress.
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Nordea AM launches first ESG-based fixed income fund
28 January 2019Nordea Asset Management, the largest private investor in the Nordic region, has launched a fixed-income fund based on environmental, social and governance (ESG) criteria.
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ESG ratings companies warn of PG&E 'cautionary tale'
28 January 2019ISS-oekom, Sustainalytics and MSCI have urged investors to take heed of the ‘cautionary tale’ of PG&E, whose long history of subpar performance on managing environmental risks has for years been flagged by their ratings.
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BlackRock to launch environmentally-weighted money market fund
24 January 2019BlackRock is preparing to launch a money market fund that will invest in money market instruments whose issuers have above average environmental practices.
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ERAFP awards emerging market corporate bond mandate
24 January 2019French pension fund ERAFP has awarded a €160 million ($204 million) emerging market corporate bond mandate to Aberdeen Asset Management.
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ISS to supply Apex fund clients with ESG data
23 January 2019Institutional Shareholder Services (ISS) has partnered with fund administration company Apex to provide environmental, social and governance (ESG) data to investment managers.
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Simplify SDG finance to unleash scale, says UBS
23 January 2019UBS has called on the financial sector and policymakers to simplify and standardise investing in the Sustainable Development Goals (SDGs) to help close the current financing gap to reach the goals.
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Chemicals giant agrees 'positive incentive' credit facility
22 January 2019Solvay, one of Europe's largest chemicals companies, has agreed to link the terms of a €2 billion ($2.3 billion) revolving credit facility to achievements in reducing its greenhouse gas (GHG) emissions.
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ESG is particularly important to investors in emerging markets, say exchanges
22 January 2019Most international investors consider environmental, social and governance (ESG) factors to be important when evaluating investments in emerging markets, says a report from the World Federation of Exchanges (WFE).