Archive

BCA and IAPB update on biodiversity credit market structures

The Biodiversity Credit Alliance (BCA) and the International Advisory Panel on Biodiversity Credits (IAPB) have updated on their joint work for a high-integrity biodiversity credit market.

Actuaries warn of 'catastrophic' impacts linked to climate and nature crises

Vulnerabilities shown by the US war with Iran demonstrate how an already fragile global food system is endangered by rising climate and nature perils, risking "catastrophic impacts for the financial system and for society as a whole", actuaries warned.

Will MAGA politics trump sustainability at US AGMs?

The 'anti-ESG' movement threatens to further undermine support for shareholder proposals, Michael Hurley reports

US managers exiting NZAM 'will be expected to prove' sustainability credentials

US asset managers who left the Net Zero Asset Managers initiative will be expected to prove their stewardship activity keeps pace with industry best practice, according to a UK pension fund.

Financial institutions lament nature becoming 'political football'

Amidst growing geopolitical backlash against nature, financial institutions have urged governments to be bolder in mandating action.

'Safe space to fail' needed for nature, says Brunel Pension Partnership

More "compassion" is needed for financial institutions that are just starting out in nature to incentivise more investors into action, according to Brunel Pension Partnership.

Pioneer Enel drops SLBs after they 'worked perfectly'

After inventing SLBs in 2019, Enel has walked away from the instrument - but it is a tale of achievement rather than abandonment. Ahren Lester reports

People Moves, 21 March: EQT, Transition Finance Council, Danske Bank, EIFO ... and more

Sustainable debt round-up: Enel, China Minsheng, SLBs ... and more

Investors worth £5trn push BP for a 'say on climate', amid concerns it will abandon 2030 target

A group of institutional investors has urged BP to hold a shareholder vote on its climate transition plans, amid "concern" at reports the oil and gas company will abandon a key decarbonisation target.