Archive

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.

Church Commissioners for England renounces oil and gas majors

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

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

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