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APG invests €250m in Norway hydropower firm for pension fund
21 February 2020Dutch asset management firm APG has almost doubled its investment in Norwegian hydropower firm Småkraft, undertaken on behalf of the Netherlands state workers' pension fund.
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BP 'raises questions' with pledge to be 'net zero' by 2050
12 February 2020The new CEO of oil and gas giant BP has released, to great fanfare, a pledge to make the company net zero by 2050 - but NGOs dismissed it as "cynical" and one investor said it "raises a number of questions".
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Transition-focused index backed by Church of England pension
30 January 2020The pension board of the Church of England (CofE) has allocated £600 million ($780 million) to a fund tracking a first-of-its-kind, custom-made, climate transition index, and issued a rallying call for other pension funds to follow.
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HSBC: Risk of stranded assets in oil and gas 'very limited'
22 January 2020HSBC has downplayed the risk of 'stranded assets' in the oil and gas sectors, pointing to the likelihood of continuing reliance on the industry for decades
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Investors welcome strengthened Anglo American climate lobbying policy
23 December 2019Major investment firms have welcomed the mining giant Anglo American agreeing to align its lobbying activity to the goals of the Paris Agreement.
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Investing in the oceans
21 October 2019Investors targeting SDG14 – life below water – can find themselves fishing in murky waters, writes Joe Walsh
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CA100+ targets lobbying, implementing TCFD and net zero emissions
03 October 2019Climate Action (CA) 100+ has set out its engagement priorities, over the coming months, in its first initiative progress report for 161 'focus companies'.
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Climate Action – how the bond market can finance the fight
05 September 2019The green bond market and the carbon markets could be combined to help decarbonise the economy, suggests Mark Leahy.
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BlackRock loses $90.4bn from failing to spot stranded asset risks, says IEEFA
01 August 2019The world's largest asset manager, BlackRock, has seen $90.4 billion knocked off the value of its listed equities holdings over the last decade because it failed to address stranded asset risk in the fossil fuel industry, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).
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Is Climate Action 100+ pushing hard enough?
19 July 2019The heavyweight investor engagement initiative has won some victories with fossil fuel giants. But should it be demanding more, asks Elena K Johansson.