Invest for good 

Since peaking in January 2011, the price of thermal coal has fallen 51%.

Like any commodity, price is driven by the simple dynamics of supply and demand and supply has clearly continued to outpace demand.

We (Australian Ethical) highlight nine reasons for this imbalance and suggest some of these factors are secular as opposed to normal cyclicality.

Bank of England Governor Mark Carney said investors need to wake up to the potential for huge losses from a sudden shift in regulations designed to curb global warming and the use of fossil fuels.

Do investors contravene or fulfill their fiduciary responsibility if they take sustainability into account in their investment decisions? And do they take it a step too far if they decide to divest from fossil fuels?

Tesla Motors Inc. Chief Executive Officer Elon Musk said revelations that Volkswagen AG cheated on diesel emission tests is “obviously bad,” but that the issue the world should really be concerned about is carbon dioxide emissions.

The scandal at Volkswagen AG impacted the portfolios of many investors in European equities this week and raised questions about the carmaker's inclusion in sustainable stock market indexes. Allianz Global Investors, part of the asset management division of Europe's largest insurer, does not hold Volkswagen in its Global Sustainability fund, according to its portfolio manager Paul Schofield. He explains why to Bloomberg Brief Editor Siobhan Wagner and talks about the lessons sustainable investors can learn from this week's events. The interview has been edited for space and clarity.