Archive

Munich Re to refuse coverage for new oil and gas fields

Munich Re is to stop insuring and investing in projects for new oil and gas fields, midstream oil infrastructure and oil-fired power plants, in a bid to meet Paris Agreement climate targets.

Carmakers 'underreport 50% of lifetime auto emissions'

Differentiating worms and caterpillars

Union Investment has introduced 'transition ratings' into its investment process, to help it spot bugs that have the potential to transform into butterflies. Peter Cripps reports

Carbon capture and offsets are 'fake solutions'

Investors must help businesses prepare for net-zero world and the renewable energy take-over, instead of relying on "fake solutions" such as carbon capture and storage (CCS) or carbon offsets, an Environmental Finance webinar heard.

Anticipate carbon price impact on built assets, says Morningstar

High exposure to climate risks likely for most large companies, says S&P

HESTA: Divestment remains last resort for four climate 'watchlist' firms

HESTA said divestment on climate grounds from four energy firms it has warned of intensified engagement is its option of last resort - but remains possible if their response to engagement is "insufficient".

HESTA warns four energy firms of potential climate-related divestment

HESTA has warned four energy firms they face heightened scrutiny and potential divestment due to their lacklustre decarbonisation strategies, as the Australian pension fund announced a strengthened 2030 decarbonisation target.

G7 companies heading for 2.7°C of warming, says CDP

Companies based in the G7 are collectively aligned with a scenario that would see 2.7°C of global warming, according to analysis of their emissions reduction targets by CDP.

Japanese banks' portfolios misaligned with Paris Agreement, says 2DII

Japanese banks' loan books are misaligned with the Paris Agreement, said a paper written by the 2 Degrees Investing Initiative (2DII) and released by the Financial Services Agency (FSA)'s Finance Research Center.