News

PRI joins investors in creating expectations for aviation industry

The UN-backed Principles for Responsible Investment (PRI) has laid out investor expectations for the aviation sector in the transition to a low carbon economy.

Malaysian banks fund coal power projects at expense of renewables

Malaysian banks continue to provide significant funding to coal power projects amid a rising number of international peers stepping back from such financing, according to a report by an Australian environmental pressure group.

People Moves 21 February: FTSE Russell, Actis, UKSIF, Renewables Consulting Group

EU launches NFRD consultation

The European Commission has launched a public consultation on the review of the non-financial reporting directive (NFRD) on environmental and social issues - which includes a question on whether companies should be required to report in line with the EU's sustainability Taxonomy.

ESG data webinar: Unfiltered data and AI under the MSCI microscope

Speakers from MSCI and the EU's Technical Expert Group on Sustainable Finance (TEG) will discuss how investors can make the most of unfiltered data, on a webinar hosted by Environmental Finance.

APG invests €250m in Norway hydropower firm for pension fund

Dutch asset management firm APG has almost doubled its investment in Norwegian hydropower firm Småkraft, undertaken on behalf of the Netherlands state workers' pension fund.

Swedish insurance group triples sustainability bond investments

Swedish insurance group Länsförsäkringar Alliance tripled its investments in green and sustainability bonds last year, to SEK9.6 billion ($980 million).

Erste doubles its total managed assets incorporating ESG criteria

Austrian firm Erste Asset Management said it will make environmental, social and governance (ESG) criteria an "integral part" of a large number of its investment decisions, doubling the amount of assets managed taking into account sustainable standards.

Sustainalytics opens up risk ratings data to investors

Sustainalytics has expanded its offering of environmental, social and governance (ESG) data to provide investors with some of the information it uses in its ESG Risk Ratings methodology.

HSBC identifies bio-energy and waste as investment opportunities

Bio-energy and waste are the most attractive investment opportunities in the climate sector in the first quarter of 2020, according to analysis by the HSBC Climate Radar.