News

• Investors welcome EU's plans to be carbon neutral by 2050

  30 November 2018

  Investors have welcomed the EU Commission's plans to be carbon neutral by 2050.

• People Moves: Gold Standard, Cicero, Investec AM and ShareAction

  30 November 2018

  Yvo de Boer has been announced as new president-elect of the Gold Standard Foundation Board, replacing David Shelmerdine.

• France green bond supports 7% reduction in residential sector emissions

  30 November 2018

  France's ground-breaking sovereign green bond contributed to a projected 7% reduction in the carbon dioxide (CO2) emissions of the country's residential homes sector, the first report on the bond's impact has revealed.

• Storebrand makes 2026 pledge to ‘exit death spiral of coal’

  30 November 2018

  Storebrand Asset Management has revealed a path to full divestment from coal in eight years’ time, in a strategy it says is in line with the goal to restrict climate change to a maximum of 1.5°C above pre-industrial levels.

• Fidelity launches sustainable water and waste fund

  29 November 2018

  A fund to invest in sustainable water and waste management products has been launched by $411 billion investment manager Fidelity International.

• Natixis Assurances to boost green assets to 10% of AuM

  29 November 2018

  French insurer Natixis Assurances is to increase the proportion of its investments that qualify as green to 10% of its total assets under management (AuM) by 2030.

• Green Bonds round-up, 28 November

  28 November 2018

  France's state-owned postal company La Poste saw its inaugural €500 million ($564 million) green bond attract orders amounting to more than €2.1 billion.

• EDF signs €4bn ESG-indexed revolving credit facility

  28 November 2018

  French electricity utility EDF has signed a green revolving credit facility (RCF) worth €4 billion ($4.5 billion), for which the payments will depend on sustainability-related performance indicators.

• Large food brands’ reporting failure raises their climate risk, says Ceres

  28 November 2018

  The majority of the largest food and drinks brands in the US and Canada currently fail to report on emissions from their supply chain, raising their exposure to climate-related risk, Ceres has said.

• European Commission's TEG to issue first draft of taxonomy, and call for more experts

  28 November 2018

  A first draft of the EU's taxonomy of climate mitigation activities will be unveiled next week, probably on Tuesday.