News

• French funds dominate top 10 European funds for climate performance

  19 February 2019

  French funds dominate a list of the top ten European equity funds for climate performance.

• Investors urge steel sector to increase low-carbon tech spend

  19 February 2019

  A network of investors with more than $32 trillion in assets says it expects companies in the highly polluting steel sector to significantly increase spending on new technologies if they are to survive the energy transition.

• EU Weekly Carbon market update, 19 February 2019

  19 February 2019

  The bears are out in force and a further fall in the EUA price is likely, says Louis Redshaw.

• PRI to make TCFD reporting mandatory

  18 February 2019

  The Principles for Responsible Investment (PRI) is to make the kind of reporting recommended by the Task Force on Climate-related Disclosures (TCFD) mandatory from 2020.

• Investors must step up climate risk engagement, says Australian NGO

  18 February 2019

  Investors are being urged "to drastically increase the ambition and impact of their corporate engagement programmes" in Australia as regulators "have taken no action to enforce corporate disclosure laws when it comes to climate risk".

• ISS snaps up Australian ESG research firm

  18 February 2019

  Institutional Shareholder Services (ISS) has returned to the acquisition trail with the purchase of CAER, a provider of environmental, social and governance (ESG) research on Australasian companies.

• Chinese institutions warned of mounting environmental litigation risk

  18 February 2019

  Chinese financial institutions are likely to face greater risk of litigation on environmental issues this year, Beijing-based consultancy SynTao Green Finance has warned.

• First Japanese fund launched for overseas offshore wind

  18 February 2019

  Sumitomo Corporation, Sumitomo Mitsui Banking Corporation (SMBC), and the Development Bank of Japan (DBJ) have launched what they claim is Japan's first renewable energy fund to invest in overseas offshore wind projects.

• Agribusiness fund eyes €200m of blended finance

  18 February 2019

  An impact fund aiming to support agribusiness in developing countries has received commitments of €50 million ($57 million) towards its target of €200 million.

• CalSTRS supports activist hedge fund with $250 million

  15 February 2019

  The California State Teachers' Retirement System (CalSTRS) has backed a newly launched activist investment management firm, with $250 million in funding.