Archive

'SFDR is an utter disaster'

James Gifford, founding CEO of the PRI and a sustainable finance veteran, shares his thoughts on sustainable finance policy and regulation - and the future of ESG. Peter Cripps reports

Aviva and Amundi score below average in analysis of climate transition plans

Zurich to drop oil and gas producers lacking credible transition plans by 2030

Zurich has unveiled its 2024 climate transition plan that sets interim targets and the strategy to achieve net-zero by 2050 across its insurance business, investments and operations.

Bloomberg launches transition plan credibility assessments

Bloomberg has launched a product it says can help investors judge the credibility of companies' transition plans and targets.

ETS deadlines risk facilitating 'brown zombie' European industry, ECB blog says

The impending increase in carbon emissions costs under the EU Emissions Trading System (ETS) will add to energy intensive firms' financial woes, potentially undermining their ability to invest in decarbonisation, a blog published by the European Central Bank (ECB) says.

Norway's sovereign wealth fund's Exxon paradox

Exxon wanted to sue their shareholders over climate resolutions. The Norwegian sovereign wealth fund responded by increasing its share in the company - and putting its climate credibility at risk, writes Diego Alexander Foss

One-in-three big emitters have 1.5°C-aligned targets - but none have detailed transition plan, says TPI

About 30% of the biggest corporate emitters of greenhouse gas emissions globally have long-term climate targets aligned with keeping warming to 1.5°C - but none have detailed plans on how to reach these targets, according to the Transition Pathway Initiative (TPI) Centre.

EXCLUSIVE: M&G to rebrand climate solutions fund as biodiversity

M&G Investments is rebranding its climate solutions fund as a nature and biodiversity fund, as it looks to capitalise on growing interest in the theme, Environmental Finance has learned.

Canadian transition guidelines could boost market, says BMO

Canadian guidelines on transition finance, which are expected to be released next month, could help make the country a leader in transition bonds, a leading underwriter believes.

G20 group calls for national transition plans ahead of COP29