Net zero targets can oblige progress reporting in financial accounts, says IASB committee
Setting net zero commitments can oblige companies to report their performance against climate targets under existing financial accounting standards, according to the International Accounting Standards Board (IASB) interpretations committee.
People Moves 7 October: BNP Paribas, M&G, Mirova ... and more
People Moves 15 April: Xpansiv, ISS, KPMG & more...
New sustainable finance director at KPMG
People Moves 5 November: Mike Bloomberg, PRI and more...
KPMG UK hires manager of climate risks and decarbonisation strategy
$4.5trn of investors threaten Big Four over decarbonisation auditing
A group of investors representing over $4.5 trillion have written to the UK 'big four' audit firms, threatening to vote against their reappointment if they fail to address issues surrounding decarbonisation.
UK pledges to become 'world's first net-zero financial centre'
The UK government will require financial institutions to publish net-zero transition plans from 2023, in a move it claims will make the UK the "world's first net-zero aligned financial centre".
Australian 'responsible investment' grows while rest of market shrinks
Investments labelled as 'responsible' grew by AUD298 billion ($291 billion) between 2019 and 2020 while the rest of the market shrunk...