ESG

The tech giant has formed a subsidiary to sell excess power from its renewable facilities.

Signatories attending the UN Principles for Responsible Investment (PRI) meeting in Paris last week co-hosted by Ardian discussed issues including member accountability and diversity.

The Melbourne-based firm has hired Chris Newton from Australia Post to spearhead its responsible investment strategy.

The Natixis subsidiary expects to collect about €1bn for the two vehicles combined.

AllianceBernstein, Babson Capital Management, MassMutual and the EIB are some of the institutions joining Bank of America.

Two Michael Bloomberg-associated groups are advocating for climate aware financial reporting.