Archive

SBTi board faces resignations and staff ire after change to carbon credit stance

The Science-Based Targets initiative (SBTi) Board of Trustees has come under fire for changing its stance on corporate use of carbon credits for Scope-3 emissions reduction targets, which has been described as a "major departure" from existing policy.

HSBC, Citi among banks banned by West Virginia over fossil fuel 'boycotts'

World Bank releases 'game-changing' streamlined impact metrics

The World Bank has released a new impact outcomes 'scorecard' which will be deployed across all its institutions for the first time, which was described as "game-changing" for the development bank.

European Parliament approves 'world first' carbon removal certificate

The European Parliament has formally approved a certification framework for carbon removal projects, but carbon market participants have warned this does not go far enough.

'Regulators could follow TCFD example' by making TPT mandatory

Guidance on 'gold standard' climate transition plans could be implemented in UK regulation, following the example of the Task Force on Climate-related Financial Disclosures (TCFD), according to a senior lawyer.

SBTi warms to offsets, in massive move for voluntary carbon market

The Science-Based Targets initiative (SBTi) has said it will take a more accommodative stance towards carbon credits, in a move one observer described as a "massive" moment for the voluntary carbon market.

Bond round-up: Smurfit Kappa, Colombia, CEB ... and more

Electric vehicles: bringing charging infrastructure up to speed

EV charging units generate a potential income stream, making them prime assets for new financing models, writes Toby Horne

Church of England to back climate disclosure shareholder proposals for US banks

The Church of England Pensions Board will vote in favour of measures that could force several US banks, including Bank of America, Goldman Sachs and Morgan Stanley, to disclose the level of their fossil fuel financing relative to that for clean energy.

People Moves, 5 April: Brunel Pensions, Railpen, Actis, EFRAG, TNFD and more