Initiative supported by DFID and Global Environment Facility.
Bloomberg has bought New Energy Finance (NEF), the London-based news and data service for renewable energy and carbon markets, for an undisclosed sum. It is understood that NEF will be integrated into Bloomberg, which is subsequently expected to begin offering carbon market related analytics tools. Bloomberg has been quickly building up a presence in the […]
Uptake is essential for development and building value, says new PRI signatory, CDC.
After two positive months, sentiment on European screened funds drops off.
Survey of 64 developing-country financial institutions (FIs)
Investors need a common playing field with clear long-term rules of the game in terms of greenhouse gases.
The Norwegian Government Pension Fund’s NOK17bn (€1.9bn) stake in Nestlé has come under scrutiny from labour unions. In a joint letter, the unions have asked the Finance Ministry to assess an alleged “systemic pattern of human rights abuses” by the Swiss food group. The company is the fund’s second largest equity holding. A spokesman for […]
Despite some highlights, and a lot of high-profile activity recently, the California Public Employees’ Retirement System’s actual $3.8bn (€2.9bn) corporate governance investment program is underperforming, according to a consultant’s report for the fund. And it has emerged the $201bn fund has made no new corporate governance investments in the year to date. The news comes […]
Why meaningful reform will depend on clear and appropriate benchmarking.
Support for ESG considerations high, but caution on fiduciary responsibilities.