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Banks' climate progress is 'skin deep'
15 February 2018Banks' attempts to adapt to the risks and the opportunities presented by climate change have been criticised as "often skin deep at best" by a coalition of $2 trillion of investors.
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Lloyd's issues call to arms to insurers on climate change
23 November 2017A call to action was issued to the insurance sector to step up its efforts to deal with climate change, as it comes to terms with what is expected to be the most costly year on record for natural disasters.
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COP blog: Transparency high on the agenda for investors
13 November 2017Many investors are turning out at COP23 in Bonn to explain to ministers and delegates the importance of financial disclosures in line with the TCFD recommendations, says Peter Damgaard Jensen
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Why pressure is mounting for banks to address climate change
26 September 2017Investors are increasingly focusing on how lenders are managing climate risks, says Alexander Erzini Vernoit
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The dawn of a new age for reporting?
22 September 2017The TCFD has challenged companies to up their game on reporting climate-related risks. But how will the market respond, asks Peter Cripps
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UK bids to consolidate 'leadership' in green finance
18 September 2017The UK government has announced a taskforce of senior financiers to help accelerate the growth of green finance – a field in which it claims the UK already enjoys global leadership.
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Financial regulators already have powers to oversee climate risk, says ex-Bank of England director
21 July 2017Financial regulators in Europe can oversee the way companies are dealing with climate risk without changing any laws, Paul Fisher, a former member of the Bank of England's Monetary Policy Committee said.
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Link remuneration to climate risk, says TCFD
29 June 2017A key update in the final recommendations of the Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD) is a call to link climate-related risks and disclosure play in remunerations.
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Final TCFD report supported by investors with $25trn
29 June 2017The Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD) has released its final report, with the public support of investors with roughly $25 trillion in assets under management. Other businesses with a combined market capitalisation of approximately $3.5 trillion have also supported the recommendations.
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BoE outlines climate change response
16 June 2017The Bank of England (BoE) has outlined its response to climate change in a new report that is hoped will encourage other financial institutions to follow.