Archive

  • Make climate risk reporting mandatory by 2022, says UK parliamentary committee

    04 June 2018

    Asset owners and large companies based in the UK should be forced to report their exposure to climate-related risk within four years, the country's government has been told.

  • New report aims to help companies disclose physical climate risks

    01 June 2018

    The disclosure of physical climate risks has received less attention than reporting transition climate risks, it was claimed at the launch of a report that aims to help redress the balance.

  • People moves: Montanaro Asset Management, UNEP Finance Initiative, Beyond Ratings and Lekela

    18 May 2018

    Montanaro Asset Management has set up an advisory committee for its Better World Fund, to be chaired by Michael Sheren, senior advisor within the Bank of England's Prudential Regulation Authority.

  • TCFD recommendations should remain voluntary, says UK regulator

    14 May 2018

    It is important that the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) are not mandatory, according to a senior Bank of England official.

  • Could blockchain save the planet?

    24 April 2018

    Cryptocurrencies, such as bitcoin, are notoriously energy-intensive. But the blockchain technology they rely on could give a boost to environmental markets, experts believe. Graham Cooper reports.

  • TCFD targets 500 backers before autumn

    19 April 2018

    The Task Force on Climate-related Financial Disclosures (TCFD) secretariat has set a goal for 500 companies to commit this year to implement the recommendations, and has the backing of the Governor of England, according to Bloomberg.

  • EBRD working group to present TCFD physical risk guidance

    19 April 2018

    A working group to advance the Task Force on Climate-related Financial Disclosure (TCFD)'s guidance on physical climate risk will present its findings next month.

  • Natural catastrophes in 2017 hit insurers hard

    10 April 2018

    Insured losses arising from natural disasters soared to $138 billion last year, almost three-times as much as in 2016 and far higher than the average of the past 10 years, according to Swiss Re.

  • Banque de France calls for 'brown penalising factor'

    09 April 2018

    The idea of raising capital requirements on assets with high sustainability risks, by means of a so-called 'brown penalising factor', has won support from François Villeroy de Galhau, governor of the Banque de France.

  • Banking on a changing climate?

    05 April 2018

    Climate change poses a significant threat to banks. How big is their exposure to climate risks, and what are they doing to mitigate them, asks Peter Cripps