Archive

Paris-aligned benchmarks boom but are they helping the transition? Part one

Asset owners are placing money in Paris-aligned benchmarks at a quickening rate but questioned whether they facilitate the transition. Michael Hurley reports

Varma weighing merits of EU PABs for high-yield climate benchmark

Varma is preparing to move some of its passive allocations for high-yield corporate issuers to a climate-themed exchange-traded fund (ETF), possibly one that tracks an EU Paris-aligned benchmark (PAB).

Varma invests €300m in low-carbon Japanese companies

News Round Up: Varma, Aviva, Qontigo, SEEIT, and more

Varma exits coal and oil investments

Varma updates its climate policy for investments

Finnish insurer Varma Mutual Pension Insurance Company (Varma) has updated its climate policy for investments and aims for a carbon neutral portfolio by 2035.

Finnish renewables fund reaches first close at €220m

Finnish renewables developer and fund manager Taaleri Energia has announced the first close of its Taaleri SolarWind II fund at €220 million ($247.9 million).

Finland’s Varma tightens screws on coal industry

Varma Mutual Pension Insurance Company, Finland’s largest private investor, has put added emphasis on climate change mitigation in the latest update of its responsible investment principles.

Belgium plans to grow sovereign green bond to €10bn

A €4.5 billion ($5.5 billion) sovereign green bond issued by Belgium this week is expected to grow to a size of about €10 billion within four years, the Belgian Debt Agency said.

Finnish pension fund Varma reduces carbon footprint by 27%

The €45.4 billion ($56.8 billion) Finnish pension fund Varma has reduced the carbon footprint of its equities by 27% since 2015, hitting its own target two years ahead of schedule.