News

Hannon Armstrong portfolio exceeds $2bn

Hannon Armstrong Sustainable Infrastructure Capital (HASI) said its portfolio of investments in renewables and energy efficiency assets had reached $2.1 billion by the end of 2019 after it closed $1.3 billion of transactions during the year.

Australian regulator to advise insurers on climate change response

Australia's insurance regulator is preparing a guide on the best practices for insurers in understanding and preparing for climate change, which it hopes will also help address a "data deficit" on the topic.

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.