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Paris climate plans will have big impact on financial sector - PwC
12 October 2015National plans to reduce carbon emissions by 2030 will have a big impact on financial institutions as well as the power sector and heavy industry, according to consultancy firm PwC.
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LGIM urges companies to focus on opportunities in low-carbon economy
07 October 2015Legal & General Investment Management (LGIM), one of Europe's largest asset managers, is urging companies in which it invests to focus on the opportunities, not just the risks, arising from the transition to a low-carbon economy.
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Citi tightens its policy on coal sector lending
06 October 2015US bank Citi has strengthened its policy on lending to coal mining companies and all financing for this sector will now require approval at a more senior level within the bank.
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French firm offers free web tool to highlight climate risk from fossil fuels
06 October 2015Novethic, a French research company specialising in socially responsible investments (SRI), has launched a free web-based tool to highlight the actions being taken by national governments, investors and companies to combat climate change.
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Quotes of the Quarter
05 October 2015Environmental Finance takes a look back at some of the quotes that defined the third quarter of 2015.
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Insurers demand action on climate change
01 October 2015The leaders of 15 insurance firms have written to the governor of the Bank of England demanding "urgent action" on climate change.
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Bank of England warns insurers on potential losses from stranded assets
30 September 2015The transition to a low-carbon economy could inflict heavy losses on insurers, as a result of potential shifts in asset prices, Mark Carney, governor of the Bank of England, has warned.
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Investors with $2.6trn of assets make divestment pledges
23 September 2015Investors with combined assets of $2.6 trillion have made pledges to divest from fossil fuels, according to a new report.
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Aviva signs up to Montreal Carbon Pledge
09 September 2015Aviva Investors has signed up to the Montreal Carbon Pledge, saying that climate change poses 'clear risks' to long-term investment.
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Investors 'must challenge IOSCO' as environmental disclosure slows for listed companies
08 September 2015Investors must "directly challenge" the International Organisation of Securities Commissions (IOSCO) to ramp up its sustainability efforts as figures reveal a slowdown in non-financial reporting for listed companies.