Archive

Freshfields 'landmark' report on impact launched

Environmental Finance celebrates World Oceans Day

To coincide with the UN World Oceans Day, Environmental Finance will host a thematic briefing afternoon focusing on oceans and the blue economy, to examine one of the most exciting areas of natural capital investment.

News round-up: UNEP FI; National Grid; Santos

UNEP FI issues guide for financial institutions to lead a sustainable ocean recovery

TCFD 'implied temperature rise' metric gets Net Zero Asset Owner Alliance backing

An alliance of investors with more than $5 trillion in combined assets under management has told the Task Force on Climate-related Financial Disclosures (TCFD) secretariat that it 'fully supports' development of a measure of the 'implied temperature rise' of assets.

Banks face 'risk of errors' in applying EU Taxonomy

An investigation by the European Banking Federation (EBF) and UNEP FI into the impact of the EU Taxonomy on retail and corporate banking found that its complexity leads to a risk of errors when applying it.

News Round Up: UNEP FI, Moody's, Investment Association, and more

Co-chairs confirmed for TNFD working group

Three co-chairs have been nominated to lead the Informal Working Group (IWG) that is tasked with launching a work plan for the Task Force on Nature-related Financial Disclosures (TNFD):

$5trn of investors set 'unprecedented' 1.5°C emissions target

Some of the world's largest investors, with a combined $5 trillion in assets, have pledged to implement deep greenhouse gas (GHG) emissions reductions in their portfolios over the next five years, putting them on course to help limit global warming to 1.5°C.

UNEP FI: climate change already impacting loan portfolios

Extreme weather events such as storm surges, wildfires, sea level rise, inland flooding, drought, and other hazards are already impacting banks' lending portfolios