Archive

'Unprecedented': Woodside Energy climate plan rejected by investors

Australian oil and gas firm Woodside Energy had its climate transition plan rejected by a majority of shareholders at its annual general meeting (AGM), with investor groups arguing this record-breaking opposition showed its plans remained "insufficient".

Alantra's Klima fund leads €52m energy grid platform investment

Kenyan central bank consults on green taxonomy

The Central Bank of Kenya has issued a draft green finance taxonomy - developed with the support of the European Investment Bank - to classify green or environmentally sustainable activities.

BMO adds 'transition bonds', nuclear to sustainable bond framework

Canadian lender Bank of Montreal (BMO) has added nuclear power projects and transition bonds to its sustainable finance framework, in the first update since its publication in 2019.

People Moves, 5 April: Brunel Pensions, Railpen, Actis, EFRAG, TNFD and more

NZBA has little impact on decarbonisation, ECB paper says

Signatories to the Net-Zero Banking Alliance (NZBA) "are neither divesting nor engaging differently from banks without a climate commitment," a group of economists said in a report.

Climate investment could push interest rates higher, ECB's Schnabel says

Addressing PFAS: Solutions to the forever challenge

The urgent need to detect, treat and destroy 'forever chemicals' in the world's water is creating investment opportunities that are broader and more valuable than many appreciate, write Lisa Beauvilain, Johan Florén and Justin Winter

ECB says 18 banks face fines for failing to meet climate expectations

The European Central Bank (ECB) says 18 banks may face fines for failing to meet its expectations on climate and broader environmental risk management.

Canadian regulator demands financial institutions report in line with ISSB this year

Canada's largest banks and insurers must disclose how they are implementing a climate transition plan and conducting climate scenario analysis, under rules that have been updated to align with International Sustainability Board (ISSB) standards.