US asset manager climate ambition 'reversed' amid ESG backlash, research says
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.
BP is not green - it's olive
CDP: 90% of companies failing to set 2025 deforestation targets
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'
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
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.
Actuaries crunch the numbers on climate scenarios - and warn many are 'implausible'
A membership body for actuaries has warned financial institutions against relying unquestioningly on climate-related scenarios, with results from some models "far too benign and, in some cases, implausible".
Sustainable Fitch launches oil & gas transition assessment
Sustainable Fitch has launched a transition assessment tool for oil and gas companies, to "provide greater visibility on targets, commitments and actions to date".
Thailand launches taxonomy including some gas
Managing risk amid the 'third wave' of climate litigation
As climate litigation risk gathers momentum, Nadine Coudel and Robert Gardner look at what steps energy companies can take to identify and reduce these risks
Coal companies struggling to finance transition, says Fitch
Many coal companies in Asia are struggling to raise finance to transition their businesses, while coal is still seen as a strong opportunity, Fitch has said.