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Large food brands’ reporting failure raises their climate risk, says Ceres
28 November 2018The majority of the largest food and drinks brands in the US and Canada currently fail to report on emissions from their supply chain, raising their exposure to climate-related risk, Ceres has said.
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European Commission's TEG to issue first draft of taxonomy, and call for more experts
28 November 2018A first draft of the EU's taxonomy of climate mitigation activities will be unveiled next week, probably on Tuesday.
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UNEP FI calls for impact-focussed business models
27 November 2018New business models which target social, economic and environmental impacts from the outset can help finance sustainable development at lower cost and with less risk than traditional approaches, according to a UN report.
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Insurers call for integration of climate science with cat modelling
27 November 2018Catastrophe risk modelling could be improved by integrating the latest climate science and a variety of technologies into the modelling framework, according to the Geneva Association.
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Eurosif observes substantial growth in engagement on sustainability
26 November 2018Significant growth in investor engagement on sustainability-related issues has been tempered by growing concerns of greenwashing, a Eurosif survey has found.
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Grey areas risk overshadowing a green taxonomy, says insurer
26 November 2018Assets currently considered as green could be put at risk of becoming stranded if they were found to fall outside the bounds of a green taxonomy, according to Michèle Lacroix, head of group investment at French insurer Scor.
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Principles for Responsible Banking launched with backing of 28 banks
26 November 2018The launch of a set of six principles seeking to commit banks to align with both the Paris Agreement and the UN’s Sustainable Development Goals (SDGs) has been hailed as a ‘global benchmark for sustainable banking’.
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Tool identifies natural capital risks and opportunities
26 November 2018The FTSE 100 index's vulnerability to risks caused by environmental disruptions has been outlined by a new tool.
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EFRAG appoints European Lab Steering Group
23 November 2018The European Financial Reporting Advisory Group (EFRAG) has appointed a steering group for the European Corporate Reporting Lab.
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Financial sector develops methodology for biodiversity impact
22 November 2018Financial institutions have developed a methodology to measure their global impact on biodiversity, which will enable them to help support its conservation.