Archive

  • 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

  • UK should 'go beyond TCFD' and lead world in disclosure, say industry leaders

    28 March 2018

    An industry taskforce has urged the UK Government to boost the growth of green finance by enforcing the voluntary recommendations of the FSB's Task Force on Climate-related Financial Disclosures (TCFD) in law.

  • Climate-related disclosure: a new dawn

    21 March 2018

    Numerous developments are helping to drive improvements in corporate reporting of non-financial issues and to raise investor expectations, says Adams Koshy.

  • UK-China group eyes overseas sales of green Chinese ABS

    21 March 2018

    Developing an international market in asset-backed securities (ABS) based on Chinese green loans is one of four priorities for the China-UK Green Finance Taskforce, said Ma Jun, chairman of China's Green Finance Committee (GFC).