• Many climate scenarios of limited use, as they don't model most likely case - Abrdn

    30 August 2023

    Widely used models for projecting future impacts of the energy transition are of limited use for investors as they fail to project the most likely level of warming, an investor has argued.

  • HKMA sets 'transition principles' for banks

    30 August 2023

    The Hong Kong Monetary Authority has called on banks to follow a set of high-level principles for transition planning.

  • SBTi's financial sector framework will enhance its credibility, says IEEFA

    25 August 2023

    The Science Based Targets initiative's (SBTi) proposed standards for financial institutions will help boost the initiative's credibility, says the Institute for Energy, Economics and Financial Analysis (IEEFA) - although there is still room for improvement.

  • With a watered-down NZIA, where do insurers' climate commitments stand?

    21 August 2023

    After six of the eight founding members left the Net-Zero Insurance Alliance, Joshua Geer investigates if their ambitions stand

  • Banks: 'Real climate liability' risk from transition plan failings

    17 August 2023

    Banks face "very real" climate liability risk if their transition plans are fall short in capturing the full extent of their emissions, according to a report by lawyers.

  • US asset manager climate ambition 'reversed' amid ESG backlash, research says

    01 August 2023

    US and Japanese asset managers have been named the worst offenders for climate inaction, with the climate ambition of US managers "reversing" progress from recent years, according to analysis by InfluenceMap.

  • CDP: 90% of companies failing to set 2025 deforestation targets

    06 July 2023

    More than 90% of companies that reported to CDP have yet to publicly commit to ending deforestation by 2025 for at least one commodity.

  • Investors 'starting to price-in biodiversity risk'

    06 July 2023

    Biodiversity-related policy events such as COP15 triggered stock downturns in companies with the largest biodiversity footprints, according to research.

  • NZIA ditches all emissions targets for insurers

    06 July 2023

    The Net-Zero Insurance Alliance (NZIA) has scrapped all requirements for member firms to set and publish emissions reduction targets following a mass exodus of members in recent months.