News

  • One fifth of CalPERS portfolio is highly exposed to climate risk

    27 December 2019

    The largest public pension fund in the US has reported that a fifth of its portfolio is among those sectors most exposed to climate change risks.

  • People moves, 27 December: AIIB, J O Hambro, LuxSE

    27 December 2019

    The Asian Infrastructure Investment Bank (AIIB) has appointed Andrew Cross as its chief financial officer.

  • £40bn pension pool joins Just Transition collaborative engagement

    27 December 2019

    Engagement on the social impacts of the transition to a low-carbon economy has been identified as a "rapidly-moving" area of focus by the £40 billion ($52 billion) Northern pool of UK pension schemes.

  • EU carbon market update, 23 December

    24 December 2019

    EU Allowances look set to surge in the absence of auctions, says Tom Lord*

  • The Hartford announces coal divestment policy

    24 December 2019

    US insurer The Hartford will no longer invest in companies that generate more than 25% of their revenue from fossil fuels, whether it be the mining of, or energy production from coal, or extraction of oil from tar sands, according to its new policy.

  • Investors welcome strengthened Anglo American climate lobbying policy

    23 December 2019

    Major investment firms have welcomed the mining giant Anglo American agreeing to align its lobbying activity to the goals of the Paris Agreement.

  • IIF urges NGFS to help standardise climate risk analysis

    23 December 2019

    The Central Banks and Supervisors' Network for Greening the Financial System (NGFS) has been urged to align approaches to assessing climate risk, including scenario analysis.

  • LuxFLAG label sees 78% growth in 2019

    23 December 2019

    A further 26 investment funds have been granted a LuxFLAG label, capping a year of strong growth for the sustainable finance labelling scheme.

  • Shipping industry's $5bn decarbonisation research commitment judged too small

    20 December 2019

    Proposals by the International Chamber of Shipping (ICS) for a $5 billion levy on shipping to fund research into how to decarbonise the industry was dismissed as "a drop in the ocean" by environmental campaigners.

  • GPIF signs partnership to invest in development bank's social bonds

    20 December 2019

    Japan's $1.6 trillion Government Pension Investment Fund (GPIF) has signalled its intention to buy social bonds issued by the Council of Europe Development Bank (CEB).