Archive

Updated: Financial institutions partially exempt from supply chain due diligence under 'milestone' rules

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.

'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.