Archive

  • Climate reference in UK pensions legislation would be ‘unhelpful’, argues PLSA

    19 July 2018

    A UK government proposal to require pension trustees to include climate change in their Statement of Investment Principles (SIPs) is misguided and could create more problems than it solves, according to a trade association.

  • Shipping makes historic pledge to tackle climate change

    13 April 2018

    The shipping industry has placed carbon emissions reduction at the heart of its agenda following a long-awaited conference at the International Maritime Organisation (IMO).

  • Figueres: infrastructure bonds should be green bonds

    20 March 2018

    Former UN climate chief Christiana Figueres issued a rallying call for cities, governments and large companies to issue green bonds to finance their infrastructure projects, as she seeks to shift the market's growth into a higher gear.

  • UK pension funds advised to adopt TCFD reporting and engage on climate

    07 December 2017

    The UK's Pensions and Lifetime Savings Association (PLSA) has warned of the "severe" short-term risks to pension fund investments posed by climate change, as it releases a framework to help them mitigate climate risk and exploit opportunity.

  • Indian bank 'planning $3bn green bond issue'

    04 September 2017

    State Bank of India, the country's largest commercial bank, is planning to raise up to $3 billion from a green bond issue, according to local press reports.

  • 27 CEOs back TCFD recommendations

    21 April 2017

    27 CEOs from major corporations have committed to implement the draft recommendations laid out by the Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD).

  • Volkswagen stock reacts positively to guilty plea

    13 March 2017

    Volkswagen stock has reacted positively following the company's guilty plea to criminal charges in relation to the emissions scandal.

  • UK pensions face biggest ESG risk from climate change

    21 February 2017

    Physical climate change risks caused by energy use and greenhouse gas emissions have an effect on more industries than any other environmental, social and governance (ESG) issue in a typical UK pension scheme's defined-contribution (DC) default fund portfolio, according to a new report

  • MEPs support for EU ETS could treble carbon price

    15 February 2017

    Members of the European Parliament (MEPs) have agreed to strengthen the EU Emissions Trading Scheme (ETS) in a move which one analyst said has the potential to triple allowance price forecasts for 2020.

  • IMO lobbies against inclusion of shipping in EU ETS

    11 January 2017

    The International Maritime Organisation (IMO) has added its weight to the campaign against plans to include shipping in the European Union's Emissions Trading System (EU ETS).