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Task Force issues specific guidance for the financial sector
14 December 2016A key aim of the FSB Task Force is to encourage disclosures that "would enable stakeholders to understand better the concentrations of carbon-related assets in the financial sector and the financial system's exposures to climate-related risks."
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TCFD's long-awaited report revealed
14 December 2016After a year of intensive work, the Task Force on Climate-related Financial Disclosures (TCFD) today laid out its eagerly-awaited recommendations designed to help standardise and mainstream considerations about the impacts of climate change on companies.
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Organisations should use existing climate scenario analysis or develop their own, says TCFD
14 December 2016Companies should use a range of existing, publicly-available climate-related scenario analysis or develop their own in order to assess the risks posed to their business by climate change, according to the Financial Stability Board (FSB) Task Force on Climate-Related Financial Disclosures (TCFD).
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Four US oil majors face shareholder resolutions on climate lobbying
30 November 2016Four US oil majors are to be hit by shareholder resolutions calling on them to disclose their anti-climate change lobbying activities, Environmental Finance can reveal.
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Trinity College joins growing list of universities to divest
28 November 2016Trinity College Dublin (TCD) has become latest university foundation to divest from fossil fuels.
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Most investors lack understanding of ESG impact, says RBC GAM
17 November 2016The financial impact of environmental, social and governance (ESG) factors is not understood by most investors, according to RBC Global Asset Management (GAM).
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BNP Paribas IP provides carbon footprint of nearly 100 of its funds
14 November 2016BNP Paribas Investment Partners (IP) has increased the number of funds it measures the carbon footprint of to nearly 100.
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Investors with €5trn of assets call for halt to arctic oil drilling
07 November 2016A group of institutional investors, representing €5 trillion ($5.52 trillion) of assets under management, have called for a "permanent moratorium" on arctic oil drilling.
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Aviva earmarks two coal companies for divestment
04 November 2016Aviva has earmarked two coal companies for "potential divestment", and is considering ditching eight others that are not responding to its requests for engagement.
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Free tool launched for measuring a fund's carbon footprint
13 October 2016A free online tool that measures the carbon intensity of investment funds, has been launched by US-based NGO As You Sow.