News

• Insured losses from Hurricane Maria could reach $85 billion, says AIR

  26 September 2017

  Insured losses inflicted by Hurricane Maria will be between $40 billion and $85 billion, according to catastrophe modelling firm AIR Worldwide.

• Marcel Jeucken leaves PGGM responsible investment team

  26 September 2017

  Marcel Jeucken is to leave his position as managing director of responsible investment at Dutch pension fund PGGM to become an independent advisor.

• WBCSD helps companies navigate ESG reporting requirements

  26 September 2017

  A free online platform to help companies and investors understand the wide variety of non-financial reporting requirements in place around the world, has been launched by the World Business Council on Sustainable Development (WBCSD).

• EU carbon market weekly update - 25 September 2017

  25 September 2017

  A significant fall in the EUA price is unlikely this week, but the availability of French nuclear plants could have further influence ton the market, says Louis Redshaw.

• Actiam's carbon footprint analysis reveals 2.25% emissions reduction

  25 September 2017

  Dutch asset manager Actiam has reduced carbon dioxide (CO2) emissions across its portfolio by 2.25% since 2015, its carbon footprint analysis has shown.

• Investment consultants pledge to act on ESG guidance

  25 September 2017

  Recent regulatory guidance that environmental, social and governance (ESG) factors should be taken into account by pension funds where they are financially material "puts trustees and their advisers under an obligation to react," according to two leading industry bodies.

• NY Green Bank plans to roll out model to other US states

  25 September 2017

  The NY Green Bank plans to assist other US states in setting up their own green banks with the help of money from the private sector, according to the Governor of New York.

• Voluntary carbon high-flyers preparing for market's take-off

  25 September 2017

  The promise of future demand from the aviation industry and new types of financing are fuelling optimism in the voluntary carbon market, the top-ranking firms in Environmental Finance's 2017 Voluntary Carbon Markets Rankings say.

• People Moves: Railpen, Solactive

  22 September 2017

  RPMI Railpen has appointed Jocelyn Brown as senior investment manager within the pension provider's sustainable ownership team.

• French insurer to double green investments

  22 September 2017

  BNP Paribas Cardif is to double its green investments to €2.4 billion ($2.9 billion) by 2020, largely through the purchase of green bonds.