Archive

  • BHP climate transition plan gains shareholders' approval

    31 October 2024

    Mining giant BHP has won shareholder backing for its Climate transition action plan (CTAP), despite opposition from the world's largest sovereign wealth fund.

  • NZAOA members warn their progress on decarbonisation at risk from policy inaction

    30 October 2024

    Insurers and pension fund members of the Net Zero Asset Owner Alliance (NZAOA) have warned their progress on decarbonising their portfolios could be about to slow because the wider global economy is not showing signs of matching their efforts.

  • Webinar: Vague definition of greenwashing deters 'transition' finance

    29 October 2024

    The growth of 'transition' finance is being held back by fears among debt issuers of being accused of greenwashing - a situation exacerbated by national regulators failing to clearly define what constituted greenwashing, a webinar hosted by Environmental Finance heard.

  • G20 finance ministers and central bankers endorse transition plan work

    25 October 2024

    The G20 Finance Ministers and Central Bank Governors have endorsed recommendations on improving the credibility of private sector transition plans including with high-level principles on what makes a good plan, in a communiqué following meetings this week.

  • EU 'discussing criteria' for sustainable, transition categories to replace SFDR Articles 8 and 9

    23 October 2024

    Discussions within the European Commission are "advanced" on eligibility criteria for 'sustainable' and 'transition' categories that would replace Articles 8 and 9 of the Sustainable Finance Disclosure Regulation (SFDR), according to a source claiming knowledge of the talks.

  • CA100+ benchmark shows progress in high-emitting sectors

    17 October 2024

    The latest assessments from the Climate Action 100+ (CA100+) Net Zero Company Benchmark has shown companies in high-emitting sectors, such as airlines, steel and autos, are making progress in their efforts to decarbonise.

  • TNFD to launch nature transition plan guidance discussion paper at COP16

    15 October 2024

    The Taskforce on Nature‑related Financial Disclosures (TNFD) has confirmed it plans to launch a discussion paper on transition planning at the COP16 biodiversity summit.

  • BlackRock to convert European equity fund to transition focus

    11 October 2024

    BlackRock has announced plans to rebrand and change the investment policy and objectives of its €345.9 million ($378.7 million) European Focus Fund and will rename it as the European Equity Transition Fund.

  • Canada announces 'green and transition' taxonomy

    10 October 2024

    Canada has committed to publish a sustainable finance taxonomy to guide 'green' and 'transition' investments, which has been cited as an example for resource-intensive economies globally.

  • Taxonomies 'struggling to support the transition', webinar hears

    04 October 2024

    Green taxonomies need to embed forward-looking, decarbonisation pathways to help catalyse the transition to a net-zero carbon economy, a webinar heard.