News

  • IT giant Atos snaps up decarbonisation specialist EcoAct

    28 July 2020

    EcoAct, a French consultancy and project developer specialising in helping clients to reduce their net carbon emissions, is being bought by CAC-40 listed IT company Atos.

  • Russia's proposed green taxonomy to include coal to gas conversion

    28 July 2020

    A consultative draft of Russian green finance guidelines has been published, which includes controversial practices such as upgrades to thermal power plants, and coal to natural gas conversion.

  • Deutsche Bank's tightened fossil fuel policy judged 'unambitious'

    28 July 2020

    Deutsche Bank has tightened its fossil fuel policy to include exiting from coal mining investments by 2025, strengthening its stance towards coal power and restricting oil and gas sector financing - but campaigners continued to criticise the lender for its lack of ambition.

  • EU carbon market update: 27 July 2020

    28 July 2020

    The coming week is likely to be dominated by dip buying of EU Allowances, as prices usually rise in August, says Tom Lord*.

  • Franklin Templeton offers two Paris-aligned ETFs

    27 July 2020

    California-based investment manager Franklin Templeton has launched two exchange-traded funds (ETFs) that it says will be aligned with the de-carbonisation goals of the Paris Agreement on climate change.

  • WCI Carbon Market Update, 27 July 2020

    27 July 2020

    The economic impact of Covid-19 continues to weight on the price of California Carbon Allowances, but the long term outlook is bullish, says Nicolas Girod*.

  • More consistency needed in infrastructure investment to meet SDGs, says PRI

    27 July 2020

    A significant increase in infrastructure investment and more standardised approaches are required, if the Sustainable Development Goals (SDGs) are to be met, according to the Principles for Responsible Investment (PRI).

  • US retirement plan proposals on ESG 'off-the-mark', says SASB

    27 July 2020

    The Sustainability Accounting Standards Board (SASB) has called on the US Department of Labor (DoL) to withdraw proposed retirement plan rule changes, which were accused of seeking to "tamp down" environmental, social and governance (ESG) investing.

  • Zurich withdraws insurance cover for tar sands pipeline

    27 July 2020

    Swiss insurer Zurich will not provide cover for Canada's controversial Trans Mountain tar sands pipeline once the current policy expires at the end of August, a spokesperson for the project said.

  • People Moves 24 July: NatWest; MAS; ISS ESG; Climate Bonds Initiative; Morningstar; NordLB; Octopus Group; CPP Investments; University Pension Plan Ontario; Planet Tracker; Enzen; Clarios

    24 July 2020