Pressure banks to include climate risk info in financial statements, investors told
Shareholders pushing banks to better manage climate risk should pressure them to add this information to their financial statements, according to a stewardship specialist.
IIGCC to step up pressure on banks to demonstrate action on net zero
A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.
$4.5trn of investors threaten Big Four over decarbonisation auditing
A group of investors representing over $4.5 trillion have written to the UK 'big four' audit firms, threatening to vote against their reappointment if they fail to address issues surrounding decarbonisation.
News round-up: Sarasin, NGFS and UK Treasury
15 major investors back HSBC vote on fossil fuel phase-out plan
Barclays tightens climate policy amid shareholder pressure
Barclays has announced an ambition to be net-zero carbon emissions by 2050 across its lending activities, but campaigners are pushing for commitments to faster progress.
People Moves: BlackRock, Macquarie Infrastructure Debt Investment Solutions, AP4, ING, Lightsource BP, European Investment Bank, IIGCC, DNCA Finance and FRC
BlackRock has lost one of the leaders of its push into impact investing, Environmental Finance has learned.