Archive

CalSTRS to sell remaining holdings in coal companies

The California State Teachers Retirement System (CalSTRS) has committed to sell all of its remaining shares in companies that produce coal for power generation by 1 July.

France taps its €7bn sovereign green bond, raising a further €1.6bn

The Republic of France has tapped its record breaking €7 billion ($7.9 billion) sovereign green bond, raising a further €1.632 billion.

HSBC appoints Clarke as EMEA head of sustainable bonds

HSBC has appointed Victoria Clarke as head of sustainable bonds for debt capital markets in the Europe Middle East and Africa (EMEA) region.

North American electricity utilities trail European counterparts in transition to low-carbon economy

Electricity utilities are, on average, not reducing emissions fast enough to be in line with a scenario that would limit climate change to the Paris Agreement's 2°C target, a Transition Pathway Initiative (TPI) study has found.

Transition Pathway Initiative grows to £3trn of AUM

New investors have joined the Transition Pathway Initiative (TPI), which can now claim to be supported by £3 trillion ($3.88 trillion) of assets.

Why asset owners should take heed of the transition to a low-carbon economy

Addressing the energy transition is a necessary long-term strategy, but it may throw up risks in the shorter-term as well, say Richard Folland and Shuen Chan

Devon shareholders reject climate resolution

Shareholders of US oil company Devon Energy have voted against a resolution calling on the company to do more to report on climate change at its annual general meeting (AGM).

Green bond round-up, 7 June

Dutch public sector lender Nederlandse WaterschapsBank (NWB) has issued a €2 billion ($2.3 billion) affordable housing bond, its first in the social bond market.

Green bond comment, June - Of Repsol and reputation

Repsol's green bond rocked the green bond market in May by reigniting the 'what is green' debate.

Green Bond Issuance - May 2017