'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.
COP27: African cities water fund aims to raise $5bn
A blended finance fund focused on promoting 'water resilience' in African cities has launched with the aim to raise $5 billion by 2032.
'Drastic' increase in US Paris-aligned passive fund quality needed
The World Resources Institute (WRI) has argued that a "drastic increase" in the quality and size of Paris Agreement-aligned passive equity investing is needed to achieve global climate goals.
WRI stresses need for 'fully nested' carbon projects
SBTi tightens corporate climate target requirement from 2022
The Science Based Targets initiative (SBTi) said that companies looking to validate their climate goals from mid-2022
Physical climate risk disclosure initiatives still lacking, says WRI
Climate risk disclosure initiatives are still lacking in their coverage of several key physical risks, according to a report by the World Resources Institute (WRI), resulting in firms not being fully equipped to assess their exposure to these hazards.
Asian firms overtake US on emissions disclosure, says Arabesque
The proportion of Asian companies reporting carbon emissions has jumped above that of US firms in 2019, according to a report by sustainability-focused asset manager Arabesque, although European corporates continue to lead.
$20trn of investors urge firms to set science-based targets
First green bond to secure drinking water by buying forests proposed
Central Arkansas Water (CAW) is preparing an innovative $31 million US municipal green bond, believed to be the first to buy and protect forests in order to secure clean drinking water.