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Coal utilities boosted by €16bn since Paris Agreement, say NGOs
21 May 2019Eight financial institutions have given Europe's 'most polluting utilities' almost €16 billion ($17 billion) in support since the Paris Agreement was signed in December 2015, a new briefing by NGO Europe Beyond Coal has found.
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Low-carbon energy investment has stalled, IEA says
21 May 2019Global energy investment has stabilised at $1.8 trillion after three years of decline, but investment in low-carbon energy has stalled, according to a report by the International Energy Agency (IEA).
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Robeco applies SDGs to credit portfolios
15 May 2019Dutch asset manager Robeco has developed a screening process to measure bond and credit portfolios against the UN's Sustainable Development Goals (SDGs).
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Aegon supports Follow This climate resolutions
13 May 2019Dutch insurer Aegon has announced its support for nine climate resolutions at four major oil firms' annual general meetings (AGMs).
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RepRisk to integrate SASB framework
08 May 2019Zurich-based RepRisk is the latest company to apply the Sustainability Accounting Standard Board’s (SASB) framework on financial materiality to its risk management and compliance products and services.
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Finnish pension trio invest €300 million into renewable energy
07 May 2019A trio of pension funds in Finland has set up a renewable energy investment fund, with plans to plug €300 million ($336 million) into the sector.
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Oil firms unattractive without climate targets, say fund managers
30 April 2019Oil companies will no longer appeal to investors unless they adopt business models that support the Paris climate targets, says a report by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration, a group of charitable trusts.
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27 firms sign up to green finance principles for Belt and Road
29 April 2019A set of green financing guidelines for China's Belt and Road Initiative (BRI) has received backing from 27 firms around the world.
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ESG initiatives by exchanges on the up, survey says
24 April 2019Nearly all exchanges (90%) have some form of environmental, social and governance (ESG) initiative, an increase on 2017's 88%, according to the World Federation of Exchanges (WFE).
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Talanx withdraws from coal-based risks
23 April 2019Talanx Group, the parent firm of Hanover Re, is the latest in the growing ranks of insurers to distance itself from the coal industry.