Phoenix unveils net-zero transition plan
The UK life insurer sets out five key targets to reach interim targets
Phoenix estimates 20% of equity and credit assets exposed to high transition risks
Some 20% of Phoenix's listed equity and credit portfolios are exposed to sectors at high risk in the transition to a net-zero economy, such as energy, utilities, industrials and materials.
Phoenix Group joins Transition Pathway Initiative
UK's net zero review will help 'unlock investment', says Aviva
Recommendations to the UK government on steps it should take to meet net zero targets have been welcomed by investors for their potential to help 'unlock the investment required' for the energy transition.
Regulators consider capital for climate risk
Insurance regulators are keen to ensure their prudential frameworks properly incorporate climate risk. But whether this should be reflected in capital requirements is proving a difficult question to answer, as Christopher Cundy reports
Video: Hetal Patel on the use of ESG data for the investment value chain
Hetal Patel, head of climate investment risk at Phoenix Group, shares his thoughts on how ESG data can be used throughout the investment value chain.
Every benchmark should include climate indicators, asset owner alliance says
Every standard investment benchmark should include climate indicators, to help asset owners to develop their own custom indexes, the Net-Zero Asset Owner Alliance (NZAOA) has recommended.
Dealing with inconsistent ESG data
A consistent ESG investment approach is 'largely impossible' across asset classes with current data, The Future of ESG Data 2022 conference heard. Ahren Lester reports