News

• Allianz sees dialogue as means to reach 'zero coal'

  16 February 2018

  Underwriter was forced to defend insuring fossil fuels at full-year results

• Finnish pension fund Varma reduces carbon footprint by 27%

  16 February 2018

  The €45.4 billion ($56.8 billion) Finnish pension fund Varma has reduced the carbon footprint of its equities by 27% since 2015, hitting its own target two years ahead of schedule.

• Combining factor investing and ESG is "most important trend in asset management"

  16 February 2018

  Combining factor investing and environmental, social and governance (ESG) criteria is one of the most important trends in asset management, MSCI argues.

• BlackRock: 'Why wouldn't you look at ESG?'

  15 February 2018

  As the availability of environmental, social and governance (ESG) data grows exponentially, the question investors should ask is 'why wouldn't you look at these factors?' rather than 'why would you?', a BlackRock executive said.

• Banks' climate progress is 'skin deep'

  15 February 2018

  Banks' attempts to adapt to the risks and the opportunities presented by climate change have been criticised as "often skin deep at best" by a coalition of $2 trillion of investors.

• Green bond round-up, 14 February 2018

  14 February 2018

  National Australia Bank (NAB) has issued the country's first residential mortgage-backed security (RMBS) that includes a green tranche certified by the Climate Bonds Initiative (CBI).

• Tesla is top CO₂ performer but lags in disclosure, TPI says

  14 February 2018

  Electric vehicle manufacturer Tesla is the best performer in the automobile sector in terms of carbon dioxide (CO₂) emissions, but is let down by its disclosure on the issue, a report has found.

  

• UK natural capital impact fund has 'massive potential'

  13 February 2018

  A proposed impact fund to boost private sector investment in natural capital in the UK has "massive potential", according to a government official.

• Large Taiwanese fund allocates $1.4 bn to ESG index

  13 February 2018

  The Taiwan Bureau of Labor Funds (BLF), one of the largest public-sector funds in Asia, has issued a five-year mandate of $1.4 billion to track the FTSE4Good TIP Taiwan ESG index.

• Trump's infrastructure plan gets mixed reception

  13 February 2018

  President Trump's infrastructure spending plan, unveiled yesterday, has been slammed by his political opponents but given a qualified welcome by industry and investors.