-
Food firms need to improve response to climate change, says Ceres
12 September 2017Many food companies are poorly prepared to deal with the likely impacts of climate change, according to Ceres, a US-based industry and investor network.
-
UK pension scheme NEST divests £27.2m from high carbon companies
11 September 2017The UK's national workplace pension provider has divested £27.2 million from companies that it deems are not adequately adapting to a low-carbon economy, including Exxon Mobil and Royal Dutch Shell, it has said.
-
UBS outlines sustainability ambition, and says US will seize ESG leadership from Europe
08 September 2017UBS has laid out its ambition to make the financial services group a leader in the sustainability space.
-
Zurich promotes Köb to lead insurer's responsible investment
07 September 2017Zurich's head of responsible investment Manuel Lewin has been promoted to become the Swiss insurer's head of risk strategy, and will be replaced by Johanna Köb.
-
Scor sets new benchmark for coal divestment
06 September 2017Won't invest in companies with more than 30% of turnover from coal
-
MSCI ESG index outperforms benchmark over five years
05 September 2017An ESG index developed by MSCI that excludes a small number of "red-flag" stocks and tilts the remaining constituents towards companies with strong sustainability performance has outperformed its benchmark by 39 basis points annually since 2012.
-
Moringa purchases stake in Brazilian agro-forestry project
04 September 2017Agro-forestry fund Moringa has committed to a $6 million investment in Brazilian company Floresta Viva, a producer of heart of palm, a vegetable derived from the palm tree.
-
Energy company challenged on TCFD disclosures
23 August 2017Origin Energy, the largest supplier of gas and electricity in Australia, is facing a demand from shareholders that it implements the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
-
NN IP endorses dedicated green bond allocation for investors
22 August 2017Dutch asset manager NN Investment Partners has called on investors to dedicate a separate part of their portfolios to exclusively buy green bonds.
-
CalPERS warns Elliott about short-termism on NRG
21 August 2017US pensions giant CalPERS has warned NRG Energy against short-termism as the independent power producer works with activist shareholder Elliott Advisors to implement its new transformation strategy.