Environment

EU Sustainable Finance Expert Group publishes interim report

The European Commission ‘High-Level Expert Group on Sustainable Finance (HLEG), established by the Commission, has published its first report setting out concrete steps to create a financial system that supports sustainable…

Are asset managers stepping up on climate change?

Nest pension fund seeds new UBS climate fund

‘NEST, the UK government-backed defined contribution (DC) master trust, is allocating a portion of the assets in its default strategy to a new “climate aware” fund managed by UBS Asset Management. It seeded the fund with around £130m (€154m)…

Green Investment Bank sale faces legal challenge

Oil majors under investor pressure over climate risk

The last few weeks, with the US Election and the COP22 climate talks in Marrakesh, have sometimes felt like too much news. But focus in on just one sector — oil and gas — and it is clear investors and analysts expect the sector to do much…

Investors worth $4 trillion file Exxon climate resolution