Archive

  • Investors worth £5trn push BP for a 'say on climate', amid concerns it will abandon 2030 target

    19 February 2025

    A group of institutional investors has urged BP to hold a shareholder vote on its climate transition plans, amid "concern" at reports the oil and gas company will abandon a key decarbonisation target.

  • One-year delay to Deforestation Regulation agreed by EU Council, Parliament

    04 December 2024

    The EU Deforestation Regulation will apply one year later than initially proposed, after agreement by the European Council and Parliament staved off proposals from right-wing politicians to water down the rules.

  • Investors urge EU against delaying deforestation regulation

    13 November 2024

    Institutional investors have urged the European Parliament to reject a request to delay the EU Deforestation Regulation, saying it would unfairly "disadvantage countries and companies that have moved promptly to prepare for the new requirements".

  • Global Biodiversity Framework 'in jeopardy' after COP16 finance failure

    04 November 2024

    The COP16 biodiversity summit has failed to reach agreement on crucial issues relating to finance, leaving delivery of the landmark Global Biodiversity Framework agreed two years ago "in jeopardy".

  • Scope 3 emissions are 'Loch Ness monster of sustainability reporting'

    18 October 2024

    The low levels of Scope 3 emissions reporting despite its importance to investors for climate risk assessment has made it the "Loch Ness monster" of sustainability reporting, an Environmental Finance event has heard.

  • Investors call for ramping up of ocean biodiversity data coverage

    07 June 2024

    A group of large global investors has called on ESG data providers to develop better coverage of ocean biodiversity to help manage risks and meet the wider goals of the Global Biodiversity Framework.

  • LGIM leads push for Nippon Steel to disclose its climate lobbying

    22 May 2024
  • Updated: Financial institutions partially exempt from supply chain due diligence under 'milestone' rules

    14 December 2023

    The finance sector will be exempt from carrying out environmental and social due diligence of companies 'downstream' in the supply chain under newly agreed EU rules, in a victory for lobbyists who claimed it would add disproportionate costs and unfairly expose institutions to legal claims.

  • Deforestation data tool launched for financial institutions

    02 November 2023

    An open-data platform has been launched to help financial institutions track company exposure and performance on deforestation.

  • 'Scope 4' emissions 'key' to assessing real world transition impact

    19 October 2023

    Calculating the 'Scope 4' avoided emissions is "very important" if you are trying demonstrate the real world impact of your operations and investments, and is especially important when assessing companies that provide climate solutions, an Environmental Finance event heard.