Japan's largest banks hit by shareholder climate action
Japan's six largest banks and energy companies have been hit by shareholder calls to disclose decarbonisation plans, over concerns that fossil fuel expansion will result in stranded assets.
Insurers go back to basics in biodiversity underwriting push
The loss of the biodiversity has been identified as one of the world's most severe risks, but insurers are only just beginning to get to grips with it. Paul Walsh reports
Activists file climate resolutions at Japanese companies
Indonesian paper firm expansion 'litmus test' for 'net-zero' banks
The substantial financing being sought by two Indonesian paper and pulp firms to support their expansion plans has been described by environmental groups as a "litmus test"...
Climate resolutions filed targeting Japanese banks
Axis Capital rules out backing fossil fuel projects in Alaskan region
Decision respects traditional ownership of lands by Gwich'in people
Equator Principles criticised for continued prioritisation of developed nations
The fourth version of the Equator Principles has come into effect, yet is already facing criticism from NGOs for an 'arbitrary' distinction between developed nations financing approaches and those in emerging markets.