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Yieldco buys stake in its own parent company, helped by PSP Investments
21 June 2017US yieldco Pattern Energy (PEGI) has bought a stake in its parent company after securing investment from Canadian pension fund PSP Investments.
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Societe Generale launches Italy's first Positive Impact Finance bond
20 June 2017Italy's first Positive Impact Finance (PIF) bond for retail investors has been issued by Societe Generale.
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French sovereign green bond was a 'game changer' says PGGM
19 June 2017The French government's €7 billion 22-year green bond, issued in January, was a "game changer" for Dutch pension fund PGGM, said senior investment manager Wilfried Bolt.
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Paris rebrands its sustainable finance initiative as Finance for Tomorrow
16 June 2017An initiative aiming to position Paris as a global leader in green finance has been rebranded to give it fresh impetus.
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Australian asset managers urged to divest from coal
14 June 2017Australian investors are having their assets endangered by portfolio managers who do not understand the climate risk to their shareholdings, environmental finance pressure group Market Forces said.
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ShareAction takes over Asset Owners Disclosure Project
13 June 2017ShareAction has taken over leadership of the Asset Owners Disclosure Project (AODP) to further its responsible investment message in US and Australian markets.
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HSBC appoints Clarke as EMEA head of sustainable bonds
09 June 2017HSBC has appointed Victoria Clarke as head of sustainable bonds for debt capital markets in the Europe Middle East and Africa (EMEA) region.
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North American electricity utilities trail European counterparts in transition to low-carbon economy
09 June 2017Electricity utilities are, on average, not reducing emissions fast enough to be in line with a scenario that would limit climate change to the Paris Agreement's 2°C target, a Transition Pathway Initiative (TPI) study has found.
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Transition Pathway Initiative grows to £3trn of AUM
09 June 2017New investors have joined the Transition Pathway Initiative (TPI), which can now claim to be supported by £3 trillion ($3.88 trillion) of assets.
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Future World Fund to start expelling poor performers by March
05 June 2017Companies that don't show positive engagement on climate-related issues will start to be expelled from Legal & General Investment Management's (LGIM) Future World Fund from March.