Archive

People Moves, 31 December: Hiro Mizuno, PRI, Temasek, SASB

PRI urges EU Taxonomy to 'remain faithful' to expert recommendations

With the consultation on the first set of draft technical screening criteria for the EU Taxonomy about to close, the Principles for Responsible Investment (PRI) urged the EU to stick to the recommendations made by the Technical Expert Group on sustainable finance (TEG) in their final report.

CA100+ to 'amplify' efforts in 2021 amid ongoing gaps in climate progress

The Climate Action 100+ (CA100+) engagement initiative has announced plans to ramp-up engagement with target companies in 2021, after its progress report showed significant gaps remain.

NBIM opposes PRI 'change of direction' on outcomes reporting

Norges Bank Investment Management (NBIM) has reaffirmed its opposition to proposals by the Principles for Responsible Investment (PRI) to ask signatories to report on "real-world outcomes" of their investments and the Sustainable Development Goals (SDGs).

PRI responds to questions on outcomes reporting

The Principles for Responsible Investment has moved to reassure its investor signatories about the motivation behind proposals to require reporting on "real-world outcomes" of their investments and the Sustainable Development Goals.

News round-up: US exits Paris Agreement, Willis Towers Watson, PACTA and Generali

Science Based Targets initiative launches financial sector framework

Science Based Targets initiative (SBTi) has launched its "breakthrough" pilot framework for financial institutions to set science-based climate targets, but campaigners were "disappointed" and "disturbed" by what they perceive to be shortcomings.

PRI ejects first five signatories for failing minimum standards

The UN Principles for Responsible Investment (PRI) has for the first time booted out five signatories for failing to meet the minimum requirements, with a further 15 signatories at risk of being delisted in 2021.

Industry standard for tailings dam management launched

A global industry standard on how to manage tailings dams from construction through to closure has been launched, described as an "important milestone" towards ensuring zero harm to people and the environment following a series of disasters.

UN's Principles for Responsible Banking tightens signatory scrutiny

Signatories of the UN Principles for Responsible Banking (PRB) have voted to establish a governance body to ensure effective implementation of the commitments, which could ultimately lead to laggards being thrown out.