'Scope 4' emissions 'key' to assessing real world transition impact
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.
Scope 3 data: imprecise and sometimes plain wrong
Estimates are being used to fill in holes and inaccuracies in corporate disclosures, while there are hopes satellite data will provide clarity, The Future of ESG Data heard
Storebrand warns of 'hidden traps' of climate data at heart of ISSB standards
Storebrand Asset Management has warned investors of "hidden traps in climate data" that would lead them to unnecessarily exclude "climate solutions" companies because of greenhouse gas (GHG) emissions linked to their sold products.
COP15: Nature Action 100 engagement initiative launched
The Nature Action 100 (NA100) engagement initiative has been 'soft launched' at biodiversity COP15 in Montreal, where it was revealed that the initiative is gathering momentum, with more than 120 investors considering participating.
103 financial institutions urge governments to act on biodiversity
Asset managers pressurise Brazil to ban Amazon fires
Work by asset managers sets 120-day ban following 34% increase in Amazonian deforestation this year
UNEP FI and investors release study on climate risk reporting
A major study has been issued looking at the different ways that investors can measure and report climate risks.
Equinor bows to investor pressure of Climate Action 100+
Equinor has become the latest oil and gas company to bow to investor pressure to strengthen its climate targets.
Investors agree with BP - scenario analysis can be confusing!
Climate scenario analysis - as recommended by the Task Force on Climate-related Financial Disclosures (TCFD) - can be "infinitely confusing", Environmental Finance's Green Equities conference heard.
SPP creates European fossil-free fund
Swedish pension provider SPP has created a European fossil-free fund to add to its existing portfolio of three climate funds.