Archive

Climate 'backlash' shows EU needs principles-based regulation, Mauderer says

The "political backlash" against sustainability-related regulation shows the EU needs to pursue a less detailed framework based on principles, according to a senior central banker.

Banks underestimating climate risks from disorderly transition, ECB warns

Eurozone banks are "very likely" underestimating the risks they are exposed to because of climate change, amid increased likelihood of a disorderly transition, a senior figure at the European Central Bank (ECB) warned.

'Limited' natural gas role in transition gathering acceptance

After initially being rejected as a transition 'bridging' fuel, natural gas is gathering greater acceptance as having a more fundamental but "limited" role in the low-carbon transition journey.

Why climate integration must go deeper in financial services

Institutions that treat climate as a compliance exercise may meet the letter of regulation, but they risk falling behind the direction of the market, writes Geoffroy Marcassoli

Policymaking and megatrends - lessons for the future

How can megatrends be harnessed for sustainable outcomes, asks Ksenia Koban

Bank of England warns on 'carbon shocks'

The UK's carbon pricing scheme helped drive a rise and fall in inflation in recent years, a senior figure at the Bank of England said, as it warned that climate risks have yet to be fully priced-in to markets.

Shareholders demand Shell provides LNG transparency

Extreme weather could see 'severe' losses, NGFS short-term scenarios show

Satellite data and its implications for the oil and gas industry

Satellites are reshaping the data landscape for oil and gas businesses, creating new legal and reputational risks, write Lewis McDonald and Louise Barber

CSRD, SEC climate disclosure setbacks make rating climate risk harder, S&P warns

Setbacks to the planned introduction of sustainability reporting rules in the EU and US are likely to make assessing the climate-related credit risk of companies harder, a senior executive at S&P has said.