Archive

  • Japan's largest banks hit by shareholder climate action

    12 April 2023

    Japan's six largest banks and energy companies have been hit by shareholder calls to disclose decarbonisation plans, over concerns that fossil fuel expansion will result in stranded assets.

  • Chinese banks not shifting away from coal, says Sustainable Fitch

    04 April 2023

    Despite a movement into 'cleaner' assets, Chinese banks have yet to shift away from coal, which risks leaving many with stranded assets, Sustainable Fitch has said.

  • Climate Action 100+ updates net-zero benchmark

    30 March 2023

    Climate Action 100+ (CA100+) has updated its benchmark tool for helping investors to assess the decarbonisation action of companies.

  • Japan's transition finance agenda is derailing decarbonisation in Southeast Asia

    29 March 2023

    Japan treats transition finance as a way to support industrial companies that are locked into thermal power technologies, argues Kurt Metzger

  • Insurers' 'failed' climate engagement strategy draws new demands from campaigners

    28 March 2023

    Insurers' climate engagement strategies are failing as major oil and gas producers show no sign of adopting credible net-zero pathways, according to climate campaigners.

  • The ISO's Net Zero Guidelines

    24 March 2023

    The guidelines can provide a common global basis for sound and credible net zero action, providing investors with a robust reference point to form their strategy, writes Emily Faint

  • Phoenix estimates 20% of equity and credit assets exposed to high transition risks

    15 March 2023

    Some 20% of Phoenix's listed equity and credit portfolios are exposed to sectors at high risk in the transition to a net-zero economy, such as energy, utilities, industrials and materials.

  • Aviva completes divestment of £2.5bn in fossil fuel companies

    14 March 2023

    Aviva has divested almost all its £2.5 billion ($3 billion) exposure to fossil fuel companies on its "Stoplist" of firms with weak ambitions to reduce their climate impact.

  • Measuring the financial consequences of climate transition

    13 March 2023

    Joseph Noss looks at why backward-looking emissions reporting provides no guarantee of reducing exposure to transition risk

  • Zurich excludes five fossil-fuel companies with non-credible transition plans

    13 March 2023

    Zurich has excluded five companies from its investment and underwriting activities as it no longer considered their "progress against transition plans to be credible".