Archive

Biggest insurers failing to get to grips with adaptation, says ShareAction

While most large insurers provide insurance solutions that support climate change mitigation, many are failing to actively support adaptation, according to non-profit ShareAction.

Investors should grasp the potential of clean air

Investors have a critical role in tackling global air pollution, write Clare Daly and Justine Holmes

Investors urge reform of GHG Protocol renewables accounting

Investors have urged the GHG Protocol to change its standards to ensure companies' claims more accurately link renewable energy purchases to the time and place the energy was produced and consumed.

'Worrying trend' of climate backtracking by European banks, finds ShareAction

European bank responses on several key sustainability themes are "insufficient", according to a new report by ShareAction, which highlighted evidence of backtracking on climate commitments by some.

Transition plan implementation axed as EU politicians hammer out Omnibus agreement

EU politicians have agreed to delete a clause requiring companies to say how they are implementing climate transition plans, despite warnings from investors that this information is crucial for holding companies to account, as the long-running Omnibus saga nears a conclusion.

European Commission publishes 'simplified' proposals for SFDR 2.0

Proposed amendments by the European Commission to the Sustainable Finance Disclosure Regulation (SFDR) have been criticised as "another step backwards" for the EU's sustainability agenda.

NZAM commitment 'close to meaningless' after dropping 2050 goal

The Net Zero Asset Managers Initiative (NZAM) has dropped requirements for signatories to eliminate portfolio emissions by 2050 to a more broad-based commitment that has been described as rendering it "close to meaningless".

Call for stewardship to be core part of revised SFDR

NZBA 'to cease operations immediately'

The Net Zero Banking Alliance (NZBA) is to "cease operations immediately" after members voted to transition from a member-based alliance to a framework.

Transition plan clause among key EU rules at risk as Omnibus political rifts deepen

A clause requiring companies to implement climate transition plans is one of several key clauses in EU rules at threat of being scrapped because of a deepening political rift, after lawmakers failed to reach agreement in European Parliament.