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UBS: Oil price crash will encourage banks to back away from sector
10 March 2020The current oil price crash will encourage banks to reduce their exposure to the fossil fuels, UBS believes.
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S&P launches index linked to EU carbon allowances
10 March 2020S&P Dow Jones has launched an index that it says will provide investors with an investment performance benchmark for European carbon emission allowances.
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ESG Data Files, part eight: Infrastructure, continued
10 March 2020As well as considering the ESG credentials of an infrastructure project, investors should also consider resilience. Christopher Marchant reports
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Japanese utility joins third GIG Taiwanese wind farm project
09 March 2020Macquarie's Green Investment Group (GIG) and German utilities company Energie Baden-Württemberg (EnBW) have sold a 43.75% stake in the Formosa 3 offshore wind farm to Japanese utility JERA for an undisclosed sum.
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Green Bond Principles sets up three new workstreams
03 March 2020The Green and Social Bond Principles has established a workstream to explore whether to review its guidelines for external reviewers.
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Energy storage fund raises £30m in oversubscribed share issue
03 March 2020The market volatility triggered by the coronavirus outbreak failed to stop an energy storage fund raising money from investors.
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ESG Data Files, part eight: Infrastructure
03 March 2020With its broad scope from airports to hospitals, wind farms to oil pipelines, assessing ESG data in the infrastructure sphere comes with a wide array of challenges. Christopher Marchant spoke to experts in the sector about the ongoing push for in standardisation and disclosure.
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SASB starts research into alternative meat and dairy
02 March 2020The Sustainability Accounting Standards Board (SASB) will research into the financial impacts of alternative meat and dairy products in the food and beverage sector, starting a process that could lead to a revision of its standards.
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BP leaves trade associations over differences in climate policy
27 February 2020Oil and gas giant BP is to leave three trade associations due to differences on policy positions regarding carbon pricing and the federal regulation of methane, in a victory for investors.
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JP Morgan to cease lending to coal companies
26 February 2020JP Morgan Chase will stop providing lending, capital markets or advisory services to companies deriving the majority of their revenues from the extraction of coal, and by 2024 will phase out any remaining credit exposure to such companies.