LGIM sells £40m assets in companies including AIG for climate inaction

Legal and General Investment Management (LGIM) is divesting four holdings, worth £40 million ($56 million),…

ESG,Stranded Assets

Bank of England scales down bank and insurer climate stress test

Debt,Investment,Policy,Stranded Assets

Final ExxonMobil shareholder vote count accentuates climate revolt woes

ExxonMobil acknowledged that another of the climate activist proposed board nominees it had opposed was…

Carbon,ESG,Equity,Investment,Stranded Assets

News round-up: KLP, National Pension Service of Korea, Pioneer Point and more

Carbon,Debt,Investment,People,Renewables,Stranded Assets

HSBC shareholders vote resoundingly for 2040 coal phase-out

More than 99% of HSBC shareholders backed a resolution put forward by the bank's management that the…

Stranded Assets

News round-up: G7, TCFD and Monetary Authority of Singapore

Carbon,ESG Data,Investment,Policy,Stranded Assets

IEA net-zero roadmap 'turning point' for energy sector ahead of COP26

After years of being judged a climate modelling laggard, the IEA has published a 'landmark' net-zero emissions roadmap which campaigners say raises the stakes for governments and companies ahead of the COP26 summit. Ahren Lester reports

Carbon,Investment,Policy,Renewables,Stranded Assets

German insurers are risking their climate credibility

By continuing to do coal business on the side and insuring new oil and gas projects, German insurers are putting their climate credibility at risk, warn Peter Bosshard and Regine Richter

Insurance,Stranded Assets

Tackling the plastic problem

Opportunities to invest in companies that provide solutions to the plastic problem are growing, say Lucy Mortimer and Justin Guest

Natural Capital,Stranded Assets

The Rockefeller Brothers Fund on impact

The $1.4 billion endowment wants to set an example for transparency as it looks to invest up to a fifth of its portfolio for positive impact, Stephen Heintz tells Michael Hurley

Carbon,IMPACT,Stranded Assets