News

• Green Investment Group enters energy-efficiency-as-a-service market

  30 November 2017

  The Green Investment Group (GIG) has launched a 'pay-as-you-save' energy efficiency service, which has no upfront costs, for medium to large energy consumers in the UK.

• Canada Pension Plan to buy up ReNew shares with an eye on IPO

  30 November 2017

  Canada Pension Plan Investment Board (CPPIB) is positioning itself to acquire a stake of about 15% in Indian solar and wind company ReNew Power before the renewables company's initial public offering in 2018.

• Green bonds round-up, 29 November 2017

  29 November 2017

  The latest green bond from New York's Metropolitan Transportation Authority (MTA) reached $2.021 billion, confirming it as the largest ever municipal green bond.

• FTSE Russell launches two new ESG indexes

  29 November 2017

  FTSE Russell has taken another step towards supporting environmental, social and governance (ESG) integration into passive investment with the introduction of two new index series.

• Record-breaking Impax sees opportunities in electric cars and big data

  29 November 2017

  Impax Asset Management is eyeing opportunities in the automotive sector and big data after reporting record inflows for the year ended 30 September.

• Wind hedging could soar as price supports fades, says WindEurope

  29 November 2017

  Demand for protection against adverse wind conditions hitting wind power generators' revenues could soar as government support for renewables declines, according to WindEurope.

• UBS 'planning new version of Climate Aware Fund'

  29 November 2017

  UBS is planning to launch a new fund based on the Climate Aware Fund it created for the UK's national workplace pension provider the National Employee Saving Trust (Nest), Environmental Finance understands.

• RGGI regulatory change drives 'dramatic surge' in allowance prices

  28 November 2017

  A 49% increase of the price of allowances in the Regional Greenhouse Gas Initiative (RGGI) carbon market in Q3 is a direct result of regulatory reform to lower the number of available allowances, a study suggests.

• 'Best-in-class' sustainability index planned for Europe

  28 November 2017

  A 30-stock European index of 'best-in-class' sustainability performers is due to be launched on 1 December.

• Macpherson leaves S&P Global for Sustineri

  28 November 2017

  Sustineri has poached S&P Global Ratings' head of environmental, social and governance (ESG) research and analysis Martina Macpherson, who is joining the boutique advisory firm as a partner.