ECB launches climate stress test with 'indirect impact on capital requirements'
The results of a 2022 climate stress test of Europe's banks could indirectly impact capital requirements, the European Central Bank (ECB) has said, as it formally launched the exercise.
Covid-19 pandemic must not distract from fight against climate change, says investor group
International businesses and world leaders should 'resist the trap' of setting aside issues relating to climate change to focus only on the fallout from the Covid-19 pandemic, according to the Coalition for Climate Resilient Investment (CCRI).
£30bn pension fund targets 'not fit for purpose' finance sector
A £30 billion ($39 billion) UK government pension partnership has described the finance sector as "not fit for purpose" for addressing climate change, promising to remove firms and investments managers who fail to perform on the issue.
Heathrow Airport, Pension Protection Fund, DEFRA, Danone, Swedfund, UN PRI confirmed to speak at Green Equities + Natural Capital Investment conferences
Key investment industry participants will gather in London on 25 November for Environmental Finance's Green Equities and Natural Capital conferences.
Tesla is top CO₂ performer but lags in disclosure, TPI says
Electric vehicle manufacturer Tesla is the best performer in the automobile sector in terms of carbon dioxide (CO₂) emissions, but is let down by its disclosure on the issue, a report has found.
UK bids to consolidate 'leadership' in green finance
The UK government has announced a taskforce of senior financiers to help accelerate the growth of green finance – a field in which it claims the UK already enjoys global leadership.
Ben Goldsmith floats new £150m green fund
Ben Goldsmith is to launch a £150 million ($233 million) resource efficiency fund, with backing from investors including Jon Moulton and Michael Liebreich.
Howard Boyd is new chair of ShareAction
Emma Howard Boyd will take over as chair of responsible investment charity ShareAction in April.