Archive

  • Central banks should step up to face environmental breakdown risk in finance

    21 August 2020

    Market-fixing approaches such as the nascent Task Force for Nature-related Financial Disclosures (TNFD) are "unsuitable" for managing the risks posed by environmental breakdown, an academic paper has argued, instead proposing that central banks and financial regulators should introduce strict industry-wide exclusionary criteria.

  • Investor climate pressure builds on US oil majors as BlackRock steps-up

    28 May 2020

    US oil supermajors ExxonMobil and Chevron experienced significant investor pressure over their climate policies at their annual general meetings, with major investor BlackRock stepping up support for some proposals.

  • Oil majors accused of using CA100+ as 'fig leaf' to disguise inaction

    11 May 2020

    Oil supermajors have been accused of using joint statements with investor initiative Climate Action 100+ (CA100+) as a means to disguise limited action on emissions reductions.

  • Time is ripe for US asset managers to engage oil majors

    11 May 2020

    Domestic asset managers have been largely absent from climate engagement with US oil majors, but the Church Commissioners for England tells Ahren Lester that this could finally be changing.

  • Church investors toughen ESG shareholder voting policy

    10 March 2020

    As annual general meeting (AGM) season approaches, the Church Investors Group (CIG) has announced a toughened stance on environmental, social and governance (ESG) issues when considering shareholder voting decisions.

  • Church of England backs fossil fuel resolution by Barclays' shareholders

    13 January 2020

    The Church Commissioners for England has announced it plans to vote in favour of a shareholder resolution calling on Barclays to phase out its financing for fossil fuel firms.

  • People Moves: Newton, AMF, LuxSE, Church Commissioners

    27 September 2019

    Newton Investment Management has hired Andrew Parry as head of sustainable investment, as part of the expansion of its responsible investment team.

  • People moves: ING; Danske Bank; Columbia Threadneedle; GIZ; OPIC

    06 September 2019

    Guo steps down as VP of sustainable finance at ING

  • GIG acquires 40% of 714MW wind farm for £1.6bn

    12 August 2019

    The Green Investment Group (GIG) has invested £1.6 billion ($1.9 billion) in a 714MW wind farm in the UK, acquiring a 40% stake from Spanish utility Iberdrola.

  • People Moves: SEB, Crédit Agricole, Amundi, BNP Paribas, RLAM, SIF

    19 July 2019

    Kaminker departs SEB, Crédit Agricole hires former HSBC head and more