• Just Climate smashes fundraising target, with $1.5bn, and eyes nature fund next

    08 June 2023

    Generation Investment Management's Just Climate said its inaugural fund has raised $1.5 billion, exceeding its $1 billion target, and is mulling raising a separate fund focused on nature.

  • Global plastics treaty 'must focus on finance'

    06 June 2023

    A planned treaty on plastic pollution will need to put finance at its core in order to be successful, an investor has argued.

  • GFANZ APAC launches consultation on managed coal phase out

    05 June 2023

    The Asia Pacific chapter of the Glasgow Financial Alliance for Net Zero (GFANZ) has published guidance for financing the early retirement of coal-fired power plants.

  • NZIA exodus continues as Allianz, Axa and Scor depart

    26 May 2023

    Allianz, Axa and Scor have withdrawn from the Net-Zero Insurance Alliance (NZIA), taking the total number of departures from the coalition to seven.

  • Phoenix unveils net-zero transition plan

    25 May 2023

    The UK life insurer sets out five key targets to reach interim targets

  • PIRC calls on investors to oppose Glencore climate report

    19 May 2023

    Proxy advisor Pensions and Investment Research Consultants (PIRC) has recommended that investors oppose mining and commodities trading giant Glencore's climate progress report over the inadequacy of its current targets and plans.

  • Just Energy Transition Partnerships still wrestling with coal investments, says Eastspring

    18 May 2023

    Just Energy Transition Partnerships (JETP) still need to solve the challenge of how coal asset owners can be compensated for early retirement of their assets, Eastspring Investments has said.

  • Chubb: we have "no control" over insureds' emissions

    17 May 2023

    Chubb's board of directors has said it has no control over its insureds' emissions and no basis to know how any change in its underwriting or investment activity would reduce such emissions.

  • Sustainalytics: only one firm is aligned with 1.5°C

    10 May 2023

    Morningstar Sustainalytics has provided further details of its recently launched Low Carbon Transition Ratings, revealing that only one company it has assessed so far is currently aligned to a 1.5°C pathway.

  • Assessing the departures from the Net Zero Insurance Alliance

    09 May 2023

    Antitrust concerns are being used as a political cudgel by the fossil fuel industry and its political servants in the US, writes Peter Bosshard