Green and sustainability-linked loan round-up: CIP, Siemens Gamesa and more

Debt

Consultation opens on climate change lobbying framework

The consultation on a framework to help investors assess the extent to which a company's lobbying is…

ESG,Investment,Policy

Oil majors accused of using CA100+ as 'fig leaf' to disguise inaction

Oil supermajors have been accused of using joint statements with investor initiative Climate Action 100+…

Carbon,Equity,Stranded Assets

Time is ripe for US asset managers to engage oil majors

Domestic asset managers have been largely absent from climate engagement with US oil majors, but the Church Commissioners for England tells Ahren Lester that this could finally be changing.

Carbon,Equity,Policy,Stranded Assets

Total makes net-zero pledge after investor pressure

French oil major Total has become the latest oil and gas major to announce its ambition to be net-zero…

Carbon,Equity,Policy,Stranded Assets

Shell dividend cut sends shockwaves through oil & gas sector

Oil major Royal Dutch Shell has slashed its dividend for the first time since 1945, sending "shockwaves"…

Stranded Assets

Oil price crash 'will not derail energy transition'

The writing is on the wall for the oil and gas sector, BNP Paribas Asset Management's climate change research head tells Ahren Lester

Carbon,Equity,Renewables,Stranded Assets

People Moves, 6 March: DG FISMA, ResponsAbility, Carbon4 Finance

People

Best performing funds of 2019: BNP Paribas Aqua

Growing pressure to regulate so-called 'forever chemicals' helped boost the performance of water testing companies in BNP Paribas' Aqua fund, Justin Winter tells Michael Hurley

Equity,Water

Fitch Ratings: Investors' ESG focus increases corporate finance risk

Investors' growing adoption of environmental, social and governance (ESG) could gradually increase funding…

ESG,Stranded Assets

Asset managers launch search for biodiversity tool developer

Four asset managers have opened a search for a partner to develop a tool to measure the impact of investments…

Carbon

People Moves, 10 January: New York Commons, Willis Towers Watson, Rathbone, IHS Markit, Canada Post, Bamboo Capital, ICMA

People

Investors turn to natural capital for resilience and reputation

A growing number of mainstream investment firms are allocating capital to preserving and enhancing natural assets, but much more is needed, say Graham Cooper and Sophie Tremolet

Debt,ESG,Equity,Investment

Repsol commits to ‘positive’ climate lobbying following investor pressure

Spanish oil and gas company Repsol has committed to align its lobbying practices with the aims of the…

Investment,Stranded Assets

People Moves: Newton, AMF, LuxSE, Church Commissioners

Newton Investment Management has hired Andrew Parry as head of sustainable investment, as part of the…

People

No oil & gas company aligned with 2°C pathway, says TPI

None of the 50 largest oil and gas companies have aligned their emission intensity with a pathway that…

ESG,Investment,Policy

Will the taxonomy deliver?

Will the EU's taxonomy succeed in boosting the flow of finance to a low-carbon economy, asks Elena K Johansson

BNP Paribas AM commits to wide-ranging sustainability strategy

BNP Paribas Asset Management (BNPP AM) is introducing a global sustainability strategy, which builds…

Debt,ESG,Equity,Investment

BNP Paribas asset management arm plans €1bn coal divestment

BNP Paribas Asset Management plans to exclude about €1 billion ($1.1 billion) of stocks in thermal coal…

Investment,Stranded Assets

Investors challenge ESMA’s definition of sustainability risks

BlackRock, Aviva and BNP Paribas Asset Management have each presented varying definitions of sustainability…

Policy