November 23 – 27, 2015

Allianz to cut investments in companies using coal in favour of renewable energy

Germany’s Allianz SE, one of the world’s largest financial asset managers, said on Tuesday it would decrease investments in companies using coal and boost funding in those focused on wind power over the next six months. Allianz will no longer invest in companies if more than 30 per cent of sales come from coal mining or if coal generates more than 30 per cent of electricity.


University of Winnipeg makes indigenous course a requirement

The University of Winnipeg has officially given the green light to a new requirement that all students, starting in the next school year, take at least one indigenous studies course in order to graduate. It will now be mandatory to take a course focused on the rights, traditions, history, governance or other facets of indigenous culture.


Sweden: climate impact of investments must be disclosed

Asset managers operating in Sweden will have to disclose the climate impact of their investments under new proposals, which come as the fund industry faces mounting pressure to divest from fossil fuels. The proposals would make it easier to compare different fund managers when it comes to sustainability issues.


How fast can we transition to a low-carbon energy system?

Starting later this month, the world’s nations will convene in Paris to hammer out commitments to slow down global climate change. Any long-term solution will require shifting to power sources that use little or no fossil fuel. How fast can this happen, and what could we do to accelerate this shift? A look at the history of other infrastructures offers some clues.


Britain to phase out all coal plants by 2025

The U.K. is aiming to close all coal-fired power plants by 2025, according to an announcement made in the lead-up to the Paris climate conference. The U.K. is the first major economy to set a definitive date for phasing out coal. Britain currently has 11 coal power stations in operation, responsible for roughly 30 per cent of the U.K.’s electricity generation.


Diversity is strength

Recent event in Vancouver featured a panel of mining sector experts who addressed questions on how trends such as mandated diversity, investor activism and increased regulatory oversight are likely to impact corporate boards. They concluded that “natural evolution” is occurring and, therefore, gender diversity is not a major concern. But is this the case?

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