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HSBC to close accounts of 28 unsustainable palm oil producers
02 May 2017HSBC has warned that it will close the accounts of 28 palm oil producer customers that are failing to meet its sustainable agriculture policy.
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Impact investors turn to water stocks, says KBI
02 May 2017Water is becoming "an almost intuitive" impact allocation for a growing number of investors, according to KBI Global Investors (KBIGI).
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Ratings agencies 'don't sufficiently factor-in climate risk'
27 April 2017Sovereign credit ratings do not adequately factor-in long-term risks from climate change and other environmental factors, according to one assessment provider.
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Exxon board fights climate resolution
25 April 2017ExxonMobil's board has refused to support a climate change resolution backed by investors with over $10 trillion in assets under management (AUM).
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RobecoSAM & S&P's 'smart ESG' index outperforms in inaugural year
24 April 2017A global index based on RobecoSAM's 'smart' environmental, social and governance (ESG) data has outperformed its benchmark in its first year.
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ING loan to Philips incentivises greater sustainability
21 April 2017ING has led a group of banks in an innovative loan deal with Philips that links the interest paybable on the loan to the electroics giant's sustainability performance.
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27 CEOs back TCFD recommendations
21 April 201727 CEOs from major corporations have committed to implement the draft recommendations laid out by the Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD).
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ESG is correlated to performance in fixed income, study finds
19 April 2017There is a clear correlation between environmental, social and governance data and credit default swap spreads and credit ratings, research has found, although neither fully price-in the risks implied by this data.
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Climate finance 'needs equity not debt'
19 April 2017Equity rather than debt is more urgently needed to fill the $670 billion climate financing gap, according to one clean energy company director.
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Investors develop guidance on meeting TCFD recommendations
12 April 2017Advice on how institutional investors should disclose the impact of climate change on their portfolios has been issued by a group of asset owners and managers from Asia and Australia.