News

• £29bn UK pension pool unveils responsible investment strategy

  11 May 2018

  The £29 billion ($39 billion) Brunel Pension Partnership pool of 10 UK local government pension scheme (LGPS) funds has published its responsible investment strategy.

• Aviva Life buys £100m Tideway green bonds

  11 May 2018

  UK-based Aviva Life & Pensions and an unnamed UK insurer have purchased a trio of green bonds worth £175 million ($237 million), issued by the developer of the Thames ‘super sewer’.

• IADB leads MDB top-performers, E3G report finds

  10 May 2018

  The Inter-American Development Bank (IADB) is one of the multilateral development banks (MDBs) leading the way in supporting the transition to a low-carbon economy, according to a report from E3G.

• Trucost launches SDG Evaluation Tool

  10 May 2018

  Trucost has launched an evaluation tool to help companies identify business risks and opportunities aligned with the UN Sustainable Development Goals (SDGs).

• Green bond round-up, 9 May

  09 May 2018

  BBVA has tapped the green bond market with the largest ever green bond issue by a Eurozone financial institution.

• Japan life insurer in landmark move to end new coal financing

  09 May 2018

  Japan’s Dai-ichi Life Insurance has said it will end new project financing for overseas coal power plants, in a landmark decision among Japanese financial institutions.

• EU carbon market weekly update - 8 May 2018

  09 May 2018

  Holiday season in Europe is likely to curtail the volumes of EU Allowances and drive pricing from the supply side, says Louis Redshaw.

• California conducts US insurance investment climate risk study

  09 May 2018

  California's insurance commissioner Dave Jones has conducted a state-wide climate risk analysis of insurance companies' investments in fossil-fuels, making it the first US financial regulator to carry out this kind of test.

• Mark Mobius creates ESG-focused asset management company

  08 May 2018

  Emerging markets specialist investor Mark Mobius has joined forces with Carlos Hardenberg and Greg Konieczny to launch a new asset management company.

• World’s largest pension fund prepares first ESG report

  08 May 2018

  The world’s largest pension fund plans to publish its first ever report on the impact of environmental, social and governance (ESG) factors on its investments, Environmental Finance has learned.