AllianzGI expands exclusion policy
Withdraws from coal and controversial weapons
Withdraws from coal and controversial weapons
Investee companies must have cap on revenues from coal and controversial weapons.
Investor groups representing $4.2trn want to see banks phasing out financing coal by 2030 and commitments to TNFD
Reclaim Finance report finds less than half of asset managers have a public coal limitation policy
But an NGO said the new coal exit policy misses the mark.
M&G has joined the Powering Past Coal Alliance
RWC’s John Teahan says effective carbon pricing and taxing should be introduced globally
KGAL and Kempen Capital Management have joined finance firms pledging net-zero emissions
‘HSBC’s net-zero commitment is a bit like saying you’ll give up smoking by 2050, but continuing to buy a pack a week’
Robeco exclude investments in thermal coal, oil sands and arctic drilling from all its mutual funds
HSBC Global Asset Management’s Stephanie Maier analyses the impact of 10 different climate scenarios on company valuations
Coutts targeting a 25% reduction in carbon emissions by end of 2021 and excluding coal sectors