News

• 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).

• UK pensions advised to pursue decarbonisation with climate risk checklist

  26 April 2018

  A checklist for pension fund trustees to consider climate risk in their investments has been launched which encourages UK schemes to adopt targets for reducing carbon-intensive holdings and consider divestment.

• Voting begins for EF's Deals of the Year awards

  25 April 2018

  A new category of 'Loan of the Year' has been added to Environmental Finance Deals of the Year awards.

• Climate-related risk will dent oil company valuation by 2020, fund managers predict

  25 April 2018

  About 90% of fund managers expect that the valuation of international oil companies (IOCs) will drop 'significantly' within two years because of energy transition risks such as new legislation, a survey of organisations with more than $13 trillion in combined assets has found.

• Green bond round-up, 25 April

  25 April 2018

  More than $3.3 billion of green bonds have settled in the first three days of this week*, with announcements suggesting that a strong pipeline of issuance of green and social bonds can be expected in coming weeks.

• Newton IM launches second sustainable fund of 2018

  25 April 2018

  Newton Investment Management (Newton IM) has expanded its sustainable offering with the launch of a new fund.