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CalSTRS seeks more ESG asset managers
18 October 2016The California State Teachers' Retirement System (CalSTRS) has launched a major hunt for asset managers specialising in environmental, social and governance (ESG), as it looks to shake up the sustainability management of its equities portfolios.
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Sin stocks portfolio 'could outperform in Morningstar's Sustainability ratings'
17 October 2016A fund manager has devised a portfolio of 'sin stocks' that are likely to score highly in Morningstar's Sustainability ratings to illustrate his fear that the methodology has the potential to mislead investors.
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Infrastructure investors 'still not reporting environmental metrics'
12 October 2016Environmental, social and governance (ESG) factors are being increasingly incorporated into infrastructure investment, but environmental data is still not being widely reported.
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HSBC issues annual report on its inaugural, €500m green bond
10 October 2016HSBC said the proceeds of its inaugural green bond have been almost fully dispersed, and have been used to finance or refinance 20 renewables, energy efficiency or sustainable waste management projects.
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The road to Marrakesh is paved with green intentions
26 September 2016The Paris climate change summit will be a tough act to follow, but its successor is shaping up to be an important meeting in its own right. Hamza Ali and Peter Cripps report
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Macquarie in €90m Japanese solar deal
26 September 2016Macquarie Capital has teamed up with an infrastructure specialist to ink a €90 million ($100 million) deal to acquire a solar project pipeline in Japan.
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Mark Carney: the five measures needed to scale up the green bond market
23 September 2016Green bonds are a key investment tool to "advance a low carbon future while raising global investment and spurring growth", but five measures are needed to help the market scale up, Mark Carney has argued.
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Green finance "an opportunity" to uphold financial stability, says Carney
23 September 2016Bank of England (BoE) governor Mark Carney has, in another landmark speech, highlighted the "major opportunity" presented by the green economy, saying that its growth can help promote financial stability.
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Sustainable forestry fund reaches first close
22 September 2016A sustainable forestry fund has reached a first close.
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Key COP21 target for ratification reached
21 September 2016The Paris climate deal moved a step closer to becoming law today after the number of countries that ratified it hit 60.