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The Co-operative Bank has agreed a financial package to prevent its closure after a debt-for-equity swap with hedge funds.
Pioneering ethical retailer the Body Shop is changing hands, having been purchased by Brazilian group Natura.
Ninety-five per cent of European pension funds haven’t considered the financial impact of climate change on investments, Mercer has reported.
A white paper from public relations and communications agency Burson-Marsteller reveals that 77 per cent of institutional investors believe building ESG initiatives into a company's business model is better for the long-term success of the business.
The Law Commission has called for reform of responsible pension scheme investment in order to allow for greater social investment.
According to reports in "The Grocer", Tesco has moved some of its products away from the Fairtrade label.
A High Court ruling has deemed guidance from the Department for Communities and Local Government for Local Government Pension Schemes “unlawful” and not in the interests of pensions.
Marta Jankovic, who is in charge of responsible investment and governance at pension asset manager APG, will be the new chair of Invest Europe, the association representing European private equity, venture capital and investors.
The International Capital Market Association (ICMA) has released guidance for green, social and sustainability bonds.
UK life insurance company Aviva is to withdraw from tobacco investing. The firm had around £1bn invested in the tobacco industry and its divestment affects securities that it manages on behalf of its own shareholders.