-
ECB should tilt assets and collateral according to climate risk, says Villeroy de Galhau
11 February 2021The Banque de France (BdF) governor said that the European Central Bank (ECB) and other central banks should reduce exposure to climate risk through their asset purchase and collateral policies through valuation adjustments and "tilts"
-
25% cut in emissions by corporates setting science-based climate targets
26 January 2021 -
$20trn of investors urge firms to set science-based targets
13 October 2020 -
Science Based Targets initiative launches financial sector framework
01 October 2020Science 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.
-
Transition finance guidelines to be published 'by end of year'
23 June 2020A working group convened by the International Capital Market Association (ICMA) exploring the theme of 'climate transition finance' expects to publish guidelines by the end of the year, but stopped short of saying when a formal set of principles might be launched.
-
2°II explains its break with Science-Based Targets initiative
06 April 2020A disagreement that caused 2°II to walk away from the initiative boils down to whether it is appropriate to use the term 'science-based' to describe investor decarbonisation targets, writes Christopher Marchant
-
CLP to exit coal assets by 2050 amid end to new investments
20 December 2019Asian electricity firm CLP has pledged to no longer invest in new coal-fired power stations ahead of exiting all its coal assets by 2050.
-
Science-Based Targets initiative sees uptake double
05 December 2019The Science-Based Targets initiative (SBTi) has seen uptake from corporates double over the past year-and-a-half.