Archive

Mark Carney has suggested investors could be given an automatic advisory vote on companies' net-zero transition plans, similar to 'say on pay' shareholder rights to vote on executive remuneration.

A Mark Carney-initiated taskforce focused on rapidly scaling up global voluntary carbon markets has opened its initial report on forming a global carbon market, including creating clear core carbon principles and carbon spot and future contracts.

The Bank of England (BofE) has announced that its postponed climate stress tests will now launch in June, after the central bank used the delay due to the Covid-19 pandemic to work on the design of the exercise.

Mark Carney has launched the UK's Private finance Strategy for COP 26, which includes proposals to help countries require disclosures in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

Sovereign green bonds experienced a bumper September, with several new issuers, but Ahren Lester argues other hesitant sovereigns should step-up ahead of COP26 next year to light up this potentially significant market

Financial leaders such as former bank of England governor Mark Carney and former chair at the US Federal Reserve Janet Yellen have called for 'urgent and practical' steps to shape incentives, reduce uncertainty, and accelerate the transition to a net-zero emissions economy.

Science Based Targets initiative (SBTi) has launched its "breakthrough" pilot framework for financial institutions to set science-based climate targets, but campaigners were "disappointed" and "disturbed" by what they perceive to be shortcomings.

A set of 'universal' environmental, social and governance (ESG) assessment criteria has been published by the World Economic Forum (WEF) and the 'big four' accountancy firms.

The risk of default for mortgages on the most energy efficient properties is lower than less efficient properties, according to a report by the Energy Efficiency Data Protocol and Portal (EeDaPP).

Mark Carney has been appointed vice chair and head of environmental, social and governance (ESG) and impact fund investing at Canadian alternative investment firm Brookfield Asset Management.