News

• Finnish fund Elo joins IIGCC to strengthen engagement

  10 October 2017

  Finnish pension fund Elo has joined the Institutional Investors Group on Climate Change (IIGCC) to reinforce its new climate change strategy.

• Insurers blacklist illegal fishing boats

  10 October 2017

  More than 20 leading insurers have pledged to stop underwriting vessels that have been blacklisted for their involvement in illegal fishing.

• ESG benchmarks are "ultimate step" for responsible investors

  09 October 2017

  The "ultimate step" for an asset owner looking to integrate sustainability concerns into their investments decisions should be the adoption of environmental, social and governance (ESG) benchmarks, Swiss Re has argued.

• EU carbon market weekly update - 09 October 2017

  09 October 2017

  An increase in the number of EU Allowances (EUAs) coming to auction this week would suggest that a further softening in prices is more likely than gains but, so far, support around €6.80 has been firm, says Louis Redshaw.

• £2.1bn of inflows grow Impax assets by 61%

  09 October 2017

  A 61% growth in assets in the year ended 30 September has been reported by Impax Asset Management, with the firm now managing £7.26 billion ($9.54 billion).

• SUSI aims to open up offshore wind for institutional investors

  09 October 2017

  Swiss investment manager SUSI Partners is planning a new investment vehicle to help institutional investors gain access to the offshore wind sector.

• People Moves: Schroder Adveq, Carbon4 Finance, Greenbacker Group

  06 October 2017

  Former Robeco SAM executive Reto Schwager has joined Switzerland-based asset manager Schroder Adveq to become its chief executive.

• Dutch central bank warns of climate risks

  06 October 2017

  The Dutch central bank (DNB) has become the latest supervisor to warn about the risks climate change poses to the financial system, as it pledged to better integrate these concerns into its practices.

• Green Climate Fund makes $892m commitments

  06 October 2017

  The Green Climate Fund (GCF) has committed $500 million to a pilot programme that will finance REDD+ emissions reductions projects, and $392 million to fund another 11 climate finance projects in developing countries.

• Dutch central bank warns of green bubbles and greenwashing

  06 October 2017

  The Dutch central bank (DNB) has warned that the boom in green finance holds the risk of bubbles and greenwashing and warns against looser regulation for such products.