Ahren Lester

Articles by Ahren Lester

  • SDCL Energy Efficiency Income Trust buys US portfolio stake for $110m

    30 December 2019

    Energy efficiency investment fund SDCL Energy Efficiency Income Trust (SEEIT) has agreed to buy a 50% stake in a US industrial portfolio for $110 million in cash.

  • One fifth of CalPERS portfolio is highly exposed to climate risk

    27 December 2019

    The largest public pension fund in the US has reported that a fifth of its portfolio is among those sectors most exposed to climate change risks.

  • Investors welcome strengthened Anglo American climate lobbying policy

    23 December 2019

    Major investment firms have welcomed the mining giant Anglo American agreeing to align its lobbying activity to the goals of the Paris Agreement.

  • LuxFLAG label sees 78% growth in 2019

    23 December 2019

    A further 26 investment funds have been granted a LuxFLAG label, capping a year of strong growth for the sustainable finance labelling scheme.

  • Shipping industry's $5bn decarbonisation research commitment judged too small

    20 December 2019

    Proposals by the International Chamber of Shipping (ICS) for a $5 billion levy on shipping to fund research into how to decarbonise the industry was dismissed as "a drop in the ocean" by environmental campaigners.

  • CLP to exit coal assets by 2050 amid end to new investments

    20 December 2019

    Asian electricity firm CLP has pledged to no longer invest in new coal-fired power stations ahead of exiting all its coal assets by 2050.

  • Hong Kong stock exchange revises ESG reporting rules

    20 December 2019

    The Hong Kong stock exchange has introduced new environmental, social and governance (ESG) requirements for issuers, from the middle of 2020.

  • FCA requires personal pension governance committees to consider ESG issues

    19 December 2019

    The Financial Conduct Authority (FCA) has introduced a policy requiring the independent governance committees (IGCs) of personal pension plans to "check and challenge" pension providers over their environmental, social and governance (ESG) engagement.

  • SDCL Energy Efficiency Income Trust upsizes fundraise to £54m

    19 December 2019
  • BoE widens climate risk stress test to banks

    18 December 2019

    The Bank of England (BoE) has outlined proposals to stress test banks and insurers on climate risk as part of its 2021 testing round.