News

• RGGI carbon allowance prices rise as $74m raised at auction

  10 June 2019

  The Regional Greenhouse Gas Initiative (RGGI) carbon trading scheme of nine northeastern US states has raised a combined $74 million at its second auction in 2019.

• Candriam launches its first carbon-neutral investment fund

  07 June 2019

  Candriam has launched a fund that will invest in global companies that provide long-term solutions to climate change, and will offset its emissions.

• People Moves: LuxFLAG, Aviva, LGIM, Australian Sustainable Finance Initiative, NAB, Allianz SE and ING

  07 June 2019

  The Luxembourg Finance Labelling Agency (LuxFLAG) has appointed Sachin Vankalas as general manager.

• Regulation to continue to drive energy efficiency opportunity, HSBC says

  07 June 2019

  Tightening buildings regulations will continue to drive the energy efficiency investment opportunity in the buildings’ sector, with insulation products set to be in particular demand, HSBC has forecasted.

• Confidence in China’s emissions trading scheme rockets in IETA survey

  06 June 2019

  Confidence that carbon trading in China will begin before 2021 has almost doubled since last year, a survey of organisations in the global greenhouse gas (GHG) emissions trading market has revealed.

• Companies report $1trn at risk due to climate change

  06 June 2019

  Some of the world's biggest companies have reported a total of almost $1 trillion in potential bottom line losses due to climate change, according to the CDP (formerly known as the Carbon Disclosure Project).

• Pension funds back Impax, as AUM hits £13.7bn

  06 June 2019

  Allocations from pension funds helped push Impax Asset Management's assets to a fresh peak, with an expected mandate from California State Teachers' Retirement System (CalSTRS) set to provide a further boost.

• Bond round-up: SGP, ESB, EIB, and more...

  05 June 2019

  California's State Treasurer has called for the state to become a model issuer of green bonds, by setting stringent requirements to ensure that "green bonds marketed to investors truly are green".

• Only 35% of global companies have carbon-reduction targets, says Refinitiv

  05 June 2019

  A new report from data provider Refinitiv shows that 63% of global companies have policies in place to reduce emissions, but only 35% have reduction targets.

• Glennmont's third clean energy fund closes with €850m

  05 June 2019

  UK fund manager Glennmont Partners has raised €850 million ($957 million) at the final close of its third clean energy infrastructure fund, which it claims is the largest amount raised for a European green energy fund.