Ahren Lester

CLP to exit coal assets by 2050 amid end to new investments

Asian electricity firm CLP has pledged to no longer invest in new coal-fired power stations ahead of exiting all its coal assets by 2050.

Hong Kong stock exchange revises ESG reporting rules

The Hong Kong stock exchange has introduced new environmental, social and governance (ESG) requirements for issuers, from the middle of 2020.

FCA requires personal pension governance committees to consider ESG issues

The Financial Conduct Authority (FCA) has introduced a policy requiring the independent governance committees (IGCs) of personal pension plans to "check and challenge" pension providers over their environmental, social and governance (ESG) engagement.

SDCL Energy Efficiency Income Trust upsizes fundraise to £54m

BoE widens climate risk stress test to banks

The Bank of England (BoE) has outlined proposals to stress test banks and insurers on climate risk as part of its 2021 testing round.

EU member states officially endorse Taxonomy proposals

EU member states have today officially endorsed the Taxonomy to define what constitutes a 'green' investment, which was agreed earlier in the week.

Climate Change Committee presses new UK government to lead ahead of COP26

Mutual trusts 'lack engagement policies'

Pension scheme master trusts are reported to be giving attention to environmental, social and governance (ESG) issues in their asset allocations, but remain lacking when it comes to the stewardship of their investments.

Standard Chartered to exit three more coal projects amid tighter restrictions

EU agrees "balanced" compromise Taxonomy deal

The EU secured compromise on the Taxonomy to define what constitutes a green investment late Monday