News

• Newton makes sustainable fixed income debut with new fund

  16 May 2018

  Newton Investment Management has launched its first sustainable fixed income fund, as it continues to "turn up the volume" on its ESG offering.

• US states urged to issue more bonds to support water projects

  16 May 2018

  US states should issue more bonds and loan guarantees to help finance water infrastructure, said the Natural Resources Defense Council (NRDC), an influential environmental advocacy group.

• Insurer backs development of 'blue carbon' credits

  15 May 2018

  Insurance company XL Catlin is supporting a project to develop a novel type of carbon credit which it refers to as 'blue carbon resilience credits'.

• EU carbon market weekly update - 14 May 2018

  14 May 2018

  A sideways move in EU Allowance prices is likely this week, but further gains remain a possibility despite increased auction supply, says Louis Redshaw.

• New UK pension regulations 'will focus on ESG'

  14 May 2018

  A shake-up of UK pension regulations is likely to lead to "a greater focus on trustees at least having to consider" environmental, social and governance (ESG) factors, according to a leading law firm.

• Lloyds Bank introduces £2bn clean growth finance scheme

  14 May 2018

  Lloyds Banking Group is offering a £2 billion ($2.7 billion) funding scheme to support companies that invest in the transition to a low-carbon economy.

• TCFD recommendations should remain voluntary, says UK regulator

  14 May 2018

  It is important that the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) are not mandatory, according to a senior Bank of England official.

• Aviva under fire for taking only "baby steps" to move away from coal

  11 May 2018

  Aviva has become the latest insurer slammed by the Unfriend Coal network, a coalition of non-governmental organisations (NGOs) that targets insurers facilitating fossil fuel extraction, for investing in the coal sector.

• CPPIB to pay $1.4bn for Enbridge renewables assets

  11 May 2018

  The Canada Pension Plan Investment Board (CPPIB) has agreed to pay an initial CAD1.75 billion ($1.37 billion) for a 49% stake in 16 renewables assets.

• UK yieldcos outperform North American counterparts on risk-adjusted return, study suggests

  11 May 2018

  UK yieldcos have outstripped their North American counterparts and performed better on a risk-adjusted basis than conventional energy investments, academic research has shown.