Archive

  • Storebrand excludes 27 firms as it tightens climate policy

    24 August 2020

    Norwegian asset manager Storebrand has tightened its climate policy significantly, which will see it exclude 27 firms including oil majors Chevron and ExxonMobil, miner Rio Tinto and chemicals giant BASF.

  • Green bond round-up, 7 November 2018

    07 November 2018

    MuenchenerHyp set the coupon on its debut five-year green Pfandbrief at 0.250% and priced the deal at eight basis points below the mid-swaps rate.

  • Global Climate Action Summit - three key takeaways

    18 September 2018

    Last week's Global Climate Action Summit (GCAS) in California saw CEOs, investors, political leaders and celebrities step up global action on climate change. Paul Simpson looks at three of the hottest topics

  • LGIM announces exclusions from its £5bn Future World Funds

    11 June 2018

    Legal & General Investment Management (LGIM) has named the companies it regards as leaders and laggards on climate change issues, as part of its attempt to remove climate-related risk from its £5 billion ($6.7 billion) Future World funds.

  • Investors wake up to collective engagement clout

    26 March 2018

    Climate-related resolutions at Exxon and Shell garnered the support of the world's largest investors. Now asset managers and owners are massing together to move entire sectors, writes Michael Hurley.

  • UK pension scheme NEST divests £27.2m from high carbon companies

    11 September 2017

    The UK's national workplace pension provider has divested £27.2 million from companies that it deems are not adequately adapting to a low-carbon economy, including Exxon Mobil and Royal Dutch Shell, it has said.