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Germany's KGAL attracts €382m into latest renewables fund
01 May 2018German investment manager KGAL has secured €382 million ($460 million) by the second close of its fourth Enhanced Sustainable Power Fund (ESPF 4).
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HSBC is latest bank to withdraw from coal and tar sands
20 April 2018HSBC pledged to stop lending to most coal-fired power stations and to stop financing oil from tar sands, but "missed the chance to join the green banking leaders", according to one NGO.
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Shell says it faces 'low risk' of stranded assets
12 April 2018Oil and gas giant Shell said there is "low risk" of it having stranded assets, and predicted as much as 80% of its proved oil and gas reserves will be produced by 2030.
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Exxon takes encouraging disclosure steps but must go further, investors say
08 February 2018The latest climate-related disclosures by oil giant ExxonMobil fail to go far enough in setting out how climate change is likely to impact its business, say an influential group of investors that led last year's successful shareholder resolution against the company.
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GIG sets sights on waste-to-energy with Covanta partnership
18 December 2017Green Investment Group (GIG) has made its second move into the waste-to-energy sector by teaming up with Covanta Holding Corporation to finance new UK and Ireland waste infrastructure projects.
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Shareholder action forces oil giant Exxon to increase climate disclosures
12 December 2017ExxonMobil is to start publishing reports on how policies to reduce global warming affect its profits, a move which marks a major victory for shareholder action on climate change, according to New York State Comptroller Thomas DiNapoli.
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Green Investment Group and GE make €800m Swedish onshore wind investment
08 November 2017GE and the Green Investment Group (GIG) have partnered to build a 650MW wind farm in Sweden, the largest onshore wind development in Europe.
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Growing shareholder support for climate action still "a work in progress"
06 November 2017Shareholder support for climate risk initiatives has surged in 2017 but some of the world's largest asset managers have only just started taking action, according to a report by 50/50 Climate Project.
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Winners revealed in voluntary carbon poll
25 September 2017Developments in international policy, new standards and the promise of future demand from the aviation industry are pushing the voluntary carbon market forward, the top firms in Environmental Finance's 2017 rankings say
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UK bids to consolidate 'leadership' in green finance
18 September 2017The UK government has announced a taskforce of senior financiers to help accelerate the growth of green finance – a field in which it claims the UK already enjoys global leadership.