News

• Guernsey eyes role as green finance centre

  30 April 2018

  The island of Guernsey, an offshore financial centre in the English Channel, is consulting on proposed rules to label certain funds registered in the territory as 'green'.

• Investors round on Rio Tinto's funding of fossil fuel lobby groups

  27 April 2018

  Rio Tinto will face mounting pressure at its annual general meeting (AGM) as investors with a combined £1.8 trillion ($2.5 trillion) take aim at its policy on funding lobby groups that obstruct action to combat climate change.

• People moves: SASB, FMO, SLM and IHS Towers

  27 April 2018

  Jean Rogers has stepped down from her role as chair of the Sustainability Accounting Standards Board (SASB).

• OppenheimerFunds and Pictet launch environment-themed fund

  27 April 2018

  OppenheimerFunds has joined forces with Pictet Asset Management to launch a new fund focusing on companies that actively try to address environmental challenges.

• Irish sustainable forestry fund completes €30m first close

  27 April 2018

  A sustainable forestry investment fund has raised about €30 million ($36 million) at first close.

• Actiam backs third successive Shell climate resolution

  27 April 2018

  Dutch asset manager Actiam criticised Shell for not doing enough to change its business strategy as it threw its weight behind a third successive climate-related shareholder resolution with the company.

• ERAFP calls for emerging market SRI bond fund managers

  27 April 2018

  French pension fund ERAFP has called for tenders from prospective managers for an emerging market bond portfolio worth up to €300 million.

• 'Put more ESG information into bond documents', says investor

  27 April 2018

  Bond offering documents should include more environmental, social and governance (ESG) information, according to one large investor.

• EU carbon prices set to quadruple by 2030, says Carbon Tracker

  26 April 2018

  European carbon prices could double by 2021 and quadruple by 2030 if the European Commission legislates to align its current emissions targets with the Paris Agreement, according to a report by Carbon Tracker.

• TCFD guidance for banks launched

  26 April 2018

  Guidance was today launched to help banks assess and report the 'transition risks' in their loan books, as recommended by the Task Force on Climate-related Financial Disclosures (TCFD).