News

  • People Moves, 6 January: Posaidon, Cerema, Rest

    06 January 2020
  • Futures contracts launched based on California's fuel standards

    06 January 2020

    The first physically delivered futures contracts based on the California Low Carbon Fuel Standard (LCFS) are due to be launched on the derivatives-focused Nodal Exchange on 24 January.

  • Climate change "an important factor" in reinsurance renewals

    06 January 2020

    The impact of climate change was "an important factor" during negotiations on the price of retrocession agreements in the 1 January renewals, according to Guy Carpenter.

  • CalSTRS reveals 'carbon budget' data as part of climate-risk report

    03 January 2020

    A major US pension provider has announced its investment portfolio has used over two-thirds of its allowed 'carbon budget' to contain global temperature rises to 2°C by the end of the century.

  • Reserve Bank of India says green finance policy action is needed

    02 January 2020

    Policy action is needed to establish a framework that promotes green finance in India, the country's central bank has urged.

  • Nordic countries continue to dominate RobecoSAM ESG rankings

    31 December 2019

    Nordic countries continue to dominate as the most sustainable countries in the world, whilst the UK and US continued to slide, according to RobecoSAM.

  • Australia's insurers to face climate stress tests in 2020

    31 December 2019

    Australia's insurers are to undergo stress tests next year linked to the possible effects of climate change on assets they hold, reports say.

  • Senior official warns ECB against favouring green assets

    31 December 2019

    The European Central Bank (ECB) should not favour green assets in either its bond-buying programme or its work as a regulator, according to incoming board member Isabel Schnabel.

  • SDCL Energy Efficiency Income Trust buys US portfolio stake for $110m

    30 December 2019

    Energy efficiency investment fund SDCL Energy Efficiency Income Trust (SEEIT) has agreed to buy a 50% stake in a US industrial portfolio for $110 million in cash.

  • Carney: Financial sector moving too slowly on climate

    30 December 2019

    The global financial sector is moving too slowly to curb the negative impacts of climate change, the governor of the Bank of England has said.