Archive

'Unprecedented': Woodside Energy climate plan rejected by investors

Australian oil and gas firm Woodside Energy had its climate transition plan rejected by a majority of shareholders at its annual general meeting (AGM), with investor groups arguing this record-breaking opposition showed its plans remained "insufficient".

Transition bond label is a 'distraction' for transition finance, says MetLife IM

A dedicated 'transition bond' label for corporate issuers "distracts" from the forward-looking, long-term focus that transition finance requires, according to MetLife Investment Management (MetLIfe IM).

Comment: Are we finally ready to have a grown-up conversation about the transition?

There are encouraging signs we are starting to have a more sophisticated and practical conversation about how to invest in the transition, says Peter Cripps

Is Asia's transition finance harming climate goals?

Is the transition label a way to pull the wool over the eyes of investors and the public on climate action, asks Christina Ng

Transition funds are no longer just about impact, says RGreen

Rgreen Invest has launched its fourth energy transition fund, as its founder told Environmental Finance the theme has evolved beyond being "a nice-to-have", towards being an economic safe haven and hedge against inflation.

Comment: The rumpus over SBTi's offsetting U-turn

What does the row over SBTi's change of heart on carbon credits tell us about the state of sustainable finance, asks Peter Cripps

Foresight eyes first close of second energy transition fund

HSBC, Citi among banks banned by West Virginia over fossil fuel 'boycotts'

Ninety One: Divesting is not impacting high emitters

The real-world impact of investors' net zero commitments is currently unclear, according to Ninety One Asset Management, calling on investors to "shift focus from reducing financed emissions to financing reduced emissions".

'Regulators could follow TCFD example' by making TPT mandatory

Guidance on 'gold standard' climate transition plans could be implemented in UK regulation, following the example of the Task Force on Climate-related Financial Disclosures (TCFD), according to a senior lawyer.