Archive

Scope 3 resolution fails to make progress at Shell's AGM

Oil giant Shell suffered another investor revolt over its climate plans at its AGM, but the rebellion failed to grow in size compared with the previous year.

Actis launches $500m Japanese renewables business

Actis has launched Nozomi Energy, a $500 million renewables business which will acquire solar and wind assets across Japan.

Financial institutions in scope of EU due diligence rules after vote

Financial institutions would be required to disclose climate transition plans and conduct due diligence to ensure they do not contribute to negative impacts across their value chain, under new rules agreed by an influential EU Parliamentary committee.

Investor-backed alliance calls for marine project proposals

Don't get mired in defining 'nature-positive', says Actis

As investors look to move away from purely mitigating biodiversity damage to have a positive impact on nature, progress must not be hindered by fixating on defining terms such as 'nature positive', Actis has said.

Sectors most damaging to biodiversity revealed in pilot for NA100

The food, beverage and tobacco sector has the highest potential negative impact on biodiversity out of those analysed, followed by the materials sector, the Finance for Biodiversity Foundation (FfB) has said.

Japan's largest banks hit by shareholder climate action

Japan's six largest banks and energy companies have been hit by shareholder calls to disclose decarbonisation plans, over concerns that fossil fuel expansion will result in stranded assets.

SocGen biodiversity-screened indexes expand with Japanese focus

Solactive has focused on Japan in an expansion of its Société Générale-licensed biodiversity-screened index series with three new indexes, informed by Iceberg Data Lab.

Solactive launches social, sustainability bond index with CBI

Climate Action 100+ updates net-zero benchmark

Climate Action 100+ (CA100+) has updated its benchmark tool for helping investors to assess the decarbonisation action of companies.