Archive

Investors urged to join sovereign climate performance assessment project

Investors have been urged to get involved in a project to develop an assessment framework for the carbon performance of sovereigns, currently backed by groups including the UN Principles for Responsible Investment (PRI), Institutional Investors Group on Climate Change (IIGCC) and Transition Pathway Initiative (TPI).

Companies failing to meet own emissions targets, says TPI

Companies are not cutting their emissions fast enough to hit their own 2030 or 2050 emissions reductions targets, according to the Transition Pathway Initiative (TPI).

CA100+ benchmark shows net zero ambitions still have long way to go

$8trn investors back IIGCC 'Net Zero Investment Framework' launch

LSE launches first dedicated transition bond segment

The London Stock Exchange (LSE) has launched a dedicated transition bond segment to its sustainable bond market (SBM), in a move it is believed makes it the first exchange to do so.

TCFD advised to abandon implied temperature rise metric

The Task Force on Climate-related Financial Disclosures (TCFD) secretariat should not include in its list of recommended disclosures estimates of the 'climate warming potential' of assets, according to the Transition Pathway Initiative (TPI).

10% of firms face ejection as FTSE4Good tightens climate rules

Around 10% of all constituents on the FTSE4Good indexes face exclusion after the climate thresholds are tightened through a tie-up with the Transition Pathway Initiative (TPI) scores.

IFRS sustainability standards could create 'additional fragmentation'

The IFRS Foundation has been warned that if it does not support the work of existing standard setters, its proposals to develop consolidated international sustainability reporting standards could lead to "additional fragmentation in an already crowded ecosystem".

Just 18% of transport firms have Paris-aligned climate targets, says TPI

Less than a fifth of transport firms have set carbon emissions reduction plans that are aligned with the Paris Agreement targets, according to a report by the investor-backed Transition Pathway Initiative (TPI), with the airline industry the worst performer.

Macquarie and BT Pension push TPI support past $20trn

Membership of the Transition Pathway Initiative (TPI) has surged past the $20 trillion milestone, just over three years after it was launched.