Archive

Climate scenario analysis 'should be approached with humility', say NGFS

The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) has highlighted key challenges in using climate scenarios ...

27 of 29 NZAOA members fulfil commitments in time

27 out of 29 members of the Net Zero Asset Owners Alliance (NZAOA) that joined early have fulfilled all the decarbonisation target-setting requirements...

UK climate disclosures mandatory within three years

Climate-related financial disclosures that will align with forthcoming standards to be drawn up by the International Sustainability Standards Board will become "mandatory" in the UK for investors in two or three years, the government has said.

Canada's six largest banks join Net-Zero Banking Alliance

Six of Canada's largest banks have joined the global Net-Zero Banking Alliance...

Immediate action needed to keep 1.5°C in sight, says PRI

As governments prepare to start the COP26 negotiations at the end of the month, they have been warned that an immediate ramp-up in energy & land use policy is needed to keep the goal of restricting warming to 1.5°C in sight.

Kunming Declaration agreed at biodiversity COP

The 'Kunming Declaration' on biodiversity has been agreed by more than 100 countries...

GFANZ calls on G20 to restructure financial system

The Glasgow Financial Alliance for Net Zero (GFANZ) has called on the G20 to green the global financial system

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.

Carney criticised for 'greenwashing' net-zero financial firm alliance

Former Bank of England governor Mark Carney has been criticised by more than 90 non-governmental organisations that the Glasgow Financial Alliance for Net Zero (GFANZ) that he chairs provides a means for banks to 'greenwash' their activities.

Investors ask 1,600 companies asked to set science-based targets