News

• EU carbon market update, 8 October 2018

  08 October 2018

  Friday’s strong close in the EU Allowance (EUA) market suggests further gains might be in store this week, says Louis Redshaw

• UK Shell pension fund threatened by ombudsman complaint

  08 October 2018

  The £16 billion ($20.9 billion) Shell Contributory Pension Fund (SCPF) could see a complaint against it lodged with UK’s Pensions Ombudsman for not giving enough proof of how it manages climate-related risks in its investments.

• Sustainability is the new ‘business as usual’, say exchanges

  08 October 2018

  A group of more than 200 stock exchanges, clearing houses and other market infrastructure organisations have committed to take action to promote sustainable investing.

• PACE market will bounce back, predicts Renovate America

  08 October 2018

  Demand for Property Assessed Clean Energy (PACE) is set to recover following legislative changes that cause a 50% contraction in the market in the past 12 months, according to provider Renovate America.

• Building on the legacy of Tessa Tennant

  08 October 2018

  Some of the brightest minds in responsible investment will discuss how to build on the legacy created by environmental finance pioneer Tessa Tennant.

• Impax reports 72% rise in AUM for year ended 30 September

  08 October 2018

  Impax Asset Management has celebrated its 20th anniversary by posting a 72% increase in assets under management (AUM) for the 12 months to 30 September.

• People Moves: CalPERS, Sustainable Development Capital, IIRC, MSCI and Innergex

  05 October 2018

  Jason Perez has joined California Public Employees' Retirement System's (CalPERS) board of administration, ousting ESG advocate Priya Mathur.

• Energy storage yieldco plans to raise £200m

  05 October 2018

  The first yieldco focused exclusively on energy storage plans to raise £200 million ($260 million) by floating on the London market.

• Stranded assets tool for real estate piloted

  05 October 2018

  German asset manager Union Investment has helped develop a free-to-use stranded assets tool for commercial real estate.

• Stellar line-up of speakers confirmed for green equities conference

  05 October 2018

  Some of the leading experts in sustainable finance are to speak at Environmental Finance's Green Equities conference, in conjunction with the City of London's Green Finance Initiative this month.