Archive

  • Experts call for reform of financial regulation to promote sustainability

    14 July 2017

    Regulations governing banks, insurers and asset managers should be reformed "to facilitate green and sustainable investment", according to a group of experts appointed by the European Commission.

  • Banks pledge to help implement recommendations of TCFD

    11 July 2017

    Eleven large banks have committed to develop practical ways of implementing the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

  • WWF urges adoption of TCFD advice into law

    11 July 2017

    The recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) (LINK) should be brought into European and national law, says conservation organisation WWF.

  • Comment: There is no 'Trump dump' for environmental finance

    10 July 2017

    President Donald Trump reaffirmed his decision to pull the US out of the Paris climate agreement at this weekend's G20 meeting in Hamburg.

  • TCFD: Mandatory approach has best chance of success

    03 July 2017

    To be truly effective, the TCFD's voluntary recommendations need widespread adoption, and regulators may need to get involved, argues Ingrid Holmes

  • Mark Carney: It doesn't matter whether the G20 supports the TCFD

    29 June 2017

    The recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) will gain traction even if they are not officially backed by the G20, Mark Carney has claimed.

  • Link remuneration to climate risk, says TCFD

    29 June 2017

    A 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.

  • Final TCFD report supported by investors with $25trn

    29 June 2017

    The 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.

  • Shareholder climate success at Exxon

    31 May 2017

    A shareholder resolution calling for ExxonMobil to do more to tackle climate change received a significant majority, despite not being backed by the board.

  • BMO to exclude fossil fuel companies from £1.56bn responsible funds range

    15 May 2017

    BMO Global Asset Management will exclude all companies with fossil fuel reserves from its Responsible Funds range, which has £1.56 billion ($2 billion) in assets under management.