Archive

People Moves 15 October: McKinley returns to BlackRock, Leigh-Bell leaves CBI, and Howchin quits Swedish funds

Norwegian oil fund exits four traditional Chinese medicine firms

The giant Norwegian oil fund has excluded four traditional Chinese medicine firms from investment due to the "unacceptable risk" that they cause "serious" environmental damage through their use of body parts of threatened species.

China announces long-awaited national carbon market launch

China has announced it will launch its long-awaited national emissions trading scheme (ETS) in February, although the rules are not expected to be too onerous initially for the power companies covered by the market

HSBC closes coal project funding loophole as pressure mounts

HSBC has closed a controversial loophole which allowed the bank to continue to fund coal projects in three countries, but campaigners continued to push for coal funding to be withdrawn altogether.

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.

Langham Hospitality Investments signs first Asian hospitality sustainability loan

Langham Hospitality Investments has secured sustainability-linked loans worth HK$7.5 billion ($960 million), the first by an Asian-listed hospitality firm.