Archive

IPCC report sets scene for COP26 action on carbon price - LGIM

The forthcoming UN climate conference (COP26) in Glasgow requires drastic action to cut emissions, as shown last week by a landmark report - and investors will be watching for a global price on carbon, according to Legal and General Investment Management (LGIM).

Investor group urges banks to set enhanced net zero targets

Asset managers pressurise Brazil to ban Amazon fires

Work by asset managers sets 120-day ban following 34% increase in Amazonian deforestation this year

Business alliance calls for major changes to UK policy following pandemic

UK-based business alliance The Aldersgate Group has called for a wide range of green-based policy responses to guide the economic rebuild in the wake of the Covid-19 pandemic.

Set climate targets, power sector told by investors with $11trn in assets

Twelve of Europe’s highest-emitting power companies have been instructed to set out Paris-aligned transition plans by a group of investors with $11.5 trillion in assets under management (AUM), as they warn of the ‘potentially catastrophic’ effects of climate change.

IIGCC urges pension funds to improve climate risk management

Pension funds have been urged to improve their management of climate-related risks and opportunities by a group of investors with more than €21 trillion ($24.3 trillion) in combined assets.

UK bids to consolidate 'leadership' in green finance

The UK government has announced a taskforce of senior financiers to help accelerate the growth of green finance – a field in which it claims the UK already enjoys global leadership.