Archive

  • 'Appalling inaction' on deforestation by BlackRock, Vanguard, Wells Fargo

    28 February 2024

    BlackRock, Vanguard and Wells Fargo have been accused of "appalling inaction" on deforestation by NGO Global Canopy, which criticised the lack of policies and continued financing of deforestation over the past decade.

  • Finance sector action on deforestation is a no-brainer

    14 December 2023

    Eliminating deforestation is a vital bridge between the climate and nature crises, writes Freya Bannochie

  • GFANZ signatories urged to address 'blind spot' on deforestation

    27 November 2023

    With the "vast majority" of financial institutions still not taking action on deforestation, investor coalitions such as the Glasgow Financial Alliance for Net Zero (GFANZ) have been urged to push their signatories to take action.

  • Deforestation data tool launched for financial institutions

    02 November 2023

    An open-data platform has been launched to help financial institutions track company exposure and performance on deforestation.

  • Finance industry failing to improve action against deforestation, report says

    16 February 2023

    Financial institutions have been told that tackling deforestation in supply chains requires them to develop a detailed understanding of individual companies' activities.

  • 'Massive' investment in sustainable fibres looming, investor says

    26 January 2023

    The investment in sustainable fibres for fashion and packaging, required to meet climate targets, will result in the industry growing to generate over $1 trillion in revenue annually,...

  • Global Canopy takes aim at asset manager role in deforestation

    08 December 2022
  • First TNFD pilot reveals need for 'clarity' in several areas

    27 July 2022
  • Pension funds have 'unique' relationship with deforestation

    12 July 2022

    A guide on how pension funds can tackle deforestation, inspired by their association with asset managers, has been launched by Global Canopy, Make My Money Matter and SYSTEMIQ.

  • Investor group expects slow fight against deforestation

    01 July 2022

    A representative of a group of investors with $8.5 trillion in assets has said change on deforestation is happening slowly.