-
New UK pension regulations 'will focus on ESG'
14 May 2018A shake-up of UK pension regulations is likely to lead to "a greater focus on trustees at least having to consider" environmental, social and governance (ESG) factors, according to a leading law firm.
-
Lloyds Bank introduces £2bn clean growth finance scheme
14 May 2018Lloyds Banking Group is offering a £2 billion ($2.7 billion) funding scheme to support companies that invest in the transition to a low-carbon economy.
-
TCFD recommendations should remain voluntary, says UK regulator
14 May 2018It is important that the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) are not mandatory, according to a senior Bank of England official.
-
Aviva under fire for taking only "baby steps" to move away from coal
11 May 2018Aviva has become the latest insurer slammed by the Unfriend Coal network, a coalition of non-governmental organisations (NGOs) that targets insurers facilitating fossil fuel extraction, for investing in the coal sector.
-
CPPIB to pay $1.4bn for Enbridge renewables assets
11 May 2018The Canada Pension Plan Investment Board (CPPIB) has agreed to pay an initial CAD1.75 billion ($1.37 billion) for a 49% stake in 16 renewables assets.
-
UK yieldcos outperform North American counterparts on risk-adjusted return, study suggests
11 May 2018UK yieldcos have outstripped their North American counterparts and performed better on a risk-adjusted basis than conventional energy investments, academic research has shown.
-
£29bn UK pension pool unveils responsible investment strategy
11 May 2018The £29 billion ($39 billion) Brunel Pension Partnership pool of 10 UK local government pension scheme (LGPS) funds has published its responsible investment strategy.
-
Aviva Life buys £100m Tideway green bonds
11 May 2018UK-based Aviva Life & Pensions and an unnamed UK insurer have purchased a trio of green bonds worth £175 million ($237 million), issued by the developer of the Thames ‘super sewer’.
-
Water: managing risk and embracing opportunity
10 May 2018More than 100 delegates gathered at Environmental Finance's conference on water, hosted by the London Stock Exchange, to discuss an investment opportunity worth about $7.5 trillion, writes Michael Hurley.
-
IADB leads MDB top-performers, E3G report finds
10 May 2018The Inter-American Development Bank (IADB) is one of the multilateral development banks (MDBs) leading the way in supporting the transition to a low-carbon economy, according to a report from E3G.