-
TCFD targets 500 backers before autumn
19 April 2018The Task Force on Climate-related Financial Disclosures (TCFD) secretariat has set a goal for 500 companies to commit this year to implement the recommendations, and has the backing of the Governor of England, according to Bloomberg.
-
EBRD working group to present TCFD physical risk guidance
19 April 2018A working group to advance the Task Force on Climate-related Financial Disclosure (TCFD)'s guidance on physical climate risk will present its findings next month.
-
LGIM urges greater climate action in letter to CEOs
17 April 2018Legal & General Investment Management (LGIM) has issued a rallying call for companies to act faster on climate change, in a letter to the CEOs of some of the world's largest companies.
-
Pension funds buy stake in UK water utility from KKR
16 April 2018US-based investment firm KKR has agreed to sell its 75% stake in UK water utility South Staffordshire for an undisclosed amount to Arjun Infrastructure Partners (AIP).
-
Tideway completes £150m green private placement
13 April 2018London 'super sewer' developer Tideway has issued its third green bond, a £150 million ($214 million) private placement with an unnamed insurer.
-
Luxembourg pension fund issues RfP for €1bn ESG mandate
13 April 2018Luxembourg pension reserve fund Fonds de Compensation (FDC) has made a request for proposals (RfP) for an ESG mandate worth €1 billion ($1.2 billion).
-
Danish pension fund excludes 35 oil companies on climate grounds
12 April 2018PKA has excluded 35 oil and gas companies from its investment portfolio based on concerns about their approach to climate change.
-
Shell says it faces 'low risk' of stranded assets
12 April 2018Oil and gas giant Shell said there is "low risk" of it having stranded assets, and predicted as much as 80% of its proved oil and gas reserves will be produced by 2030.
-
Green bond round-up - 11 April
11 April 2018The government of Lithuania has announced plans to issue a sovereign green bond "at the end of April" to finance a 10-year, €68 million ($84 million), loan to the country's Public Investment Development Agency to fund renovations of 156 multi-apartment buildings that improve energy efficiency and reduce heating costs.
-
PRI guidance for bond investors urges greater engagement on ESG
11 April 2018The UN-backed Principles for Responsible Investment (PRI) has published advice on how investors can engage with corporate bond issuers on environmental, social and governance (ESG) risks, as it responds to growing investor awareness of the issue.