LGIM, Aviva join call for UK to mandate transition plans
Aviva Investors and Legal & General Investment Management (LGIM) are among organisations calling on the UK government to require large, listed companies to prepare and disclose 'transition' plans to reach net zero greenhouse gas emissions.
News Round Up: COP26, IEA, Robeco, Zouk and more
Business alliance calls for major changes to UK policy following pandemic
UK-based business alliance The Aldersgate Group has called for a wide range of green-based policy responses to guide the economic rebuild in the wake of the Covid-19 pandemic.
UK government launches COP26 after sacking president
The UK government's launch of the UN Climate Summit, to be hosted in Glasgow in November, was overshadowed by its dismissal of the president of the negotiations, who hit back with a letter warning the process is "miles off track".
UK urged to issue sovereign green bond to plug EIB, GIB funding hole
The UK Government was urged to issue a sovereign green bond to help plug gaps in funding left by the sale of the Green Investment Bank (GIB), according to Aldersgate Group.
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.
Investors and industry hail entry into force of Paris Agreement
Institutional investors and leading industrial companies have welcomed the news that the landmark Paris Agreement on climate change will come into force on 4 November.
GIB announces first ever profits and privatisation plans
The UK's Green Investment Bank (GIB) has announced its first full year profits, and comfirmed its plans to offerequity to private investors.
Business welcomes EU 2030 emissions goal, but not renewables target
Industry and investors have broadly welcomed the EU's new climate and energy policy framework for 2030.