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FTSE Russell launches climate-risk adjusted EU government bonds index
16 January 2020Index provider FTSE Russell has launched a climate-risk adjusted version of its European government bond index.
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Northern Trust launches low-carbon EM strategy
15 January 2020Chicago-based Northern Trust Asset Management - which manages $975 billion of investor assets - has launched its Emerging Markets Quality Low Carbon Strategy. The strategy claims to invest with an eye to balancing low-carbon yet high-quality firms.
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IRENA argues renewable energy investment needs to double to 2030
15 January 2020Annual investment in renewable energy needs to double in order to scale up the energy source and secure the "pathway to climate safety", according to the International Renewable Energy Agency (IRENA).
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Australian bushfires hit GDP, but current credit impact limited
15 January 2020Moody's Investors Service believes the short-term sovereign and state-level credit impact of the Australian bushfires will be "limited", but said the rising frequency and severity of the climate change-related natural disasters will "test" issuers.
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BlackRock announces expanded sustainable investment measures
14 January 2020BlackRock has pledged to make sustainability its "new standard of investing," as it announced sweeping changes to its practices, including reducing exposure to thermal coal firms.
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Amundi says ESG investment strategies continue to outperform
14 January 2020Environmental, social and governance (ESG) strategies in the EU and North America remained a source of outperformance since the start of 2018, an updated report by Amundi Asset Management showed.
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Franklin Templeton warns SDGs vulnerable to misuse and dilution
14 January 2020Franklin Templeton has warned that the UN Social Development Goals are "vulnerable to misuse, misrepresentation and dilution" if companies fail to go beyond announcing alignment with the goals towards actively contributing to them.
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S&P Global completes RobecoSAM ratings unit acquisition
13 January 2020S&P Global has completed its acquisition of the environmental, social and governance ratings unit from RobecoSAM for an undisclosed sum.
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Church of England backs fossil fuel resolution by Barclays' shareholders
13 January 2020The 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.
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Denham Capital invests $250m in Latin American energy firm
13 January 2020Energy-focused private equity firm Denham Capital has committed an investment of $250 million to Latin American power firm Ceiba Energy.