Archive

SBTi rules out mandating annual target reviews

The Science Based Targets initiative (SBTi) has told Environmental Finance it will not mandate companies to annually review emissions reductions targets and has ruled out setting a universal base year against which to benchmark reductions.

Hydrogen investments still beset by risks, says IGCC

$8.9trn investors back sustainable water initiative

64 global institutional investors, representing $8.9 trillion assets under management, have committed to engage with companies on sustainable water usage, in what was billed as a first-of-its-kind initiative.

German companies hampered by Rhine water level

Transition methodologies failing to meet Paris Agreement, academics warn

Existing methodologies commonly used by companies, investors and regulators for calculating transition pathways are failing to accurately reflect the Paris Agreement goals, with academics warning that most business will consequently fail to reduce their greenhouse gas (GHG) emissions in time.

Low water levels pose credit risk for German manufacturers, says Moody's

Water levels in the Rhine, which are at their lowest since 2018, are 'credit-negative' for German chemicals companies, said Moody's Investors Service.

Commonwealth Bank to face shareholder resolution on emissions targets

The Commonwealth Bank of Australia (CommBank) is to face a shareholder resolution which calls on the bank to stop financing fossil fuel expansion.

ESG data a heightened challenge in emerging markets

Ninety One is looking to step up its transition financing in emerging markets, but data continues to be an obstacle, says its chief sustainability officer Nazmeera Moola

Australian super fund NGS Super divests from oil and gas

Australian fund NGS Super has divested from companies involved in oil and gas exploration and production.

A whole-economy approach to net-zero

We need to talk about the sectors beyond energy and natural resources facing sizeable transition risks, argues David McNeil