Ahren Lester

Robeco announces ESG engagement themes for 2020

Dutch asset manager Robeco has announced its Active Ownership team will focus on five environmental, social and governance (ESG) engagement themes in 2020, including biodiversity protection and decarbonisation.

Shipping industry cuts sulphur limit for marine fuel

The maximum sulphur content of marine fuels was slashed by regulators in a bid to reduce air pollution, although campaigners warned more work is still required by the industry.

People Moves, 6 January: Posaidon, Cerema, Rest

CalSTRS reveals 'carbon budget' data as part of climate-risk report

A major US pension provider has announced its investment portfolio has used over two-thirds of its allowed 'carbon budget' to contain global temperature rises to 2°C by the end of the century.

Nordic countries continue to dominate RobecoSAM ESG rankings

Nordic countries continue to dominate as the most sustainable countries in the world, whilst the UK and US continued to slide, according to RobecoSAM.

SDCL Energy Efficiency Income Trust buys US portfolio stake for $110m

Energy efficiency investment fund SDCL Energy Efficiency Income Trust (SEEIT) has agreed to buy a 50% stake in a US industrial portfolio for $110 million in cash.

One fifth of CalPERS portfolio is highly exposed to climate risk

The largest public pension fund in the US has reported that a fifth of its portfolio is among those sectors most exposed to climate change risks.

Investors welcome strengthened Anglo American climate lobbying policy

Major investment firms have welcomed the mining giant Anglo American agreeing to align its lobbying activity to the goals of the Paris Agreement.

LuxFLAG label sees 78% growth in 2019

A further 26 investment funds have been granted a LuxFLAG label, capping a year of strong growth for the sustainable finance labelling scheme.

Shipping industry's $5bn decarbonisation research commitment judged too small

Proposals by the International Chamber of Shipping (ICS) for a $5 billion levy on shipping to fund research into how to decarbonise the industry was dismissed as "a drop in the ocean" by environmental campaigners.