• Climate change 'the ultimate systemic risk,' says BoE

    03 May 2022

    Climate change represents "the ultimate systemic risk ... [because] firms cannot diversify away from their exposure to the planet," a senior official at the Bank of England (BoE) has said.

  • BoE begins second round of climate tests

    10 February 2022

    The Bank of England has launched a "second round" of its landmark climate stress test exercise, to assess participants' proposed management actions in response to physical and transition climate risks across several scenarios.

  • Tokio Marine joins Net-Zero Insurance Alliance

    19 January 2022

    Physical risks from warming a "prudential issue" for Asia's regulators, says Japan's FSA

  • Bank of England sets plan to tilt asset purchases toward green companies

    05 November 2021

    The UK's central bank will this month begin prioritising bond issuers judged to be "stronger climate performers" via its £20 billion ($27 billion) corporate bond purchase scheme, in a landmark move that warns climate laggards will be hit with higher cost of capital.

  • TCFD-based guidance targets overhaul of 'opaque' portfolio alignment models

    14 October 2021

    Best practice guidance for the financial sector to assess future alignment of investment and lending with the goals of the Paris Agreement

  • The 'zero' challenge: offsetting

    11 August 2021

    Despite the weaknesses of carbon offsets, they remain a necessary tool for some investors as they plan for net zero emissions, write Chris Varco and Simon Hallett