Mayors of London and New York call for divestment
Sadiq Khan and Bill de Blasio are calling on their fellow mayors of major cities worldwide to join them in divesting their city pension funds from fossil fuel assets. Mayor of London Sadiq Khan...
Tagged: sustainable investment
Europe can lead the green revolutions, says European Investment Bank president
Werner Hoyer, president of the European Investment Bank, has written an article for the World Economic Forum’s annual meeting, arguing that Europe is well poised to lead the green economy. John Dyer reports. Europe...
Norway tops investor sustainability ranking
Norway is the most sustainable country for investors, according to Bank Degroof Petercam. The Nordic country moved up to the number one slot in the Belgium-based bank’s ranking of sustainable countries from fourth place...
Big investors call on world governments to take climate action
Institutional investors with more than $26 trillion in assets are urging world governments to scale up climate action to achieve the goals of the Paris Agreement. “The global shift to clean energy is underway,...
Investors putting pressure on big corporations to set climate targets
Swiss sustainable development foundation Ethos is calling on investors to influence big corporations to set targets to reduce greenhouse gas emissions. Ethos is currently targeting Shell and has also asked Credit Suisse to enhance...
EU unveils plans for sustainable financial system
The EU Commission has unveiled a strategy to make the European financial system for sustainable. Steps include an EU label for green financial products. The EU commission has set out a roadmap to boost...
Church of England shows value of impact investing
The Church of England made an impressive 17.1% return on investments in 2016. It believes its policy of following strict ethical criteria, not profits, is responsible for its success. Banks and asset managers are...
