• Church Commissioners for England renounces oil and gas majors

    22 June 2023

    Church Commissioners for England has divested 11 oil and gas firms, including BP, Shell and Total, because of their lack of action to address climate change.

  • Shell 'in denial' about global transition, warns PIRC

    19 June 2023

    Shell is "in denial" about the global transition to net zero, proxy advisor PIRC told Environmental Finance following the oil giant's rowback on fossil fuel production targets.

  • Renewables may benefit from a 'climate put' unappreciated by investors, says UBS

    15 June 2023

    Renewables developers could be set to benefit from a "climate put" option, thanks to strong policy support, UBS has suggested in a note.

  • Absolute versus intensity targets. Part two

    15 June 2023

    Investors often leave companies to decide which type of target is most appropriate for their business. Genevieve Redgrave reports

  • Absolute versus intensity targets

    14 June 2023

    Investors are increasingly calling for companies to adopt absolute emissions reductions targets, but intensity targets continue to dominate, at least for now. Genevieve Redgrave reports

  • ESG materiality index outperforms in first year

    14 June 2023

    An ESG index focused on materiality and transition has outperformed its parent index in the year since its launch.

  • Just Climate smashes fundraising target, with $1.5bn, and eyes nature fund next

    08 June 2023

    Generation Investment Management's Just Climate said its inaugural fund has raised $1.5 billion, exceeding its $1 billion target, and is mulling raising a separate fund focused on nature.

  • Global plastics treaty 'must focus on finance'

    06 June 2023

    A planned treaty on plastic pollution will need to put finance at its core in order to be successful, an investor has argued.

  • GFANZ APAC launches consultation on managed coal phase out

    05 June 2023

    The Asia Pacific chapter of the Glasgow Financial Alliance for Net Zero (GFANZ) has published guidance for financing the early retirement of coal-fired power plants.

  • NZIA exodus continues as Allianz, Axa and Scor depart

    26 May 2023

    Allianz, Axa and Scor have withdrawn from the Net-Zero Insurance Alliance (NZIA), taking the total number of departures from the coalition to seven.