Archive

  • BoE's Breeden warns against 'paper decarbonisation'

    01 June 2022

    There is a risk of a failed energy transition if financial institutions do not back up their transition plans with investment to decarbonise heavy-emitting activities, a senior Bank of England official has warned.

  • Investors warned of plastics industry's pollution 'ambivalence'

    30 May 2022

    Investors in the European plastics industry have been warned of its 'ambivalence' towards the pollution problem, with the sector named as a 'high risk option'.

  • Exxon shareholders support net-zero scenario report

    26 May 2022

    Shareholders at US oil & gas supermajor ExxonMobil have voted in favour of a resolution to report on a net-zero by 2050 scenario.

  • M&G faces shareholder backlash on its climate transition plan

    26 May 2022

    One-fifth of shareholders reject net-zero emissions commitments

  • HSBC rejects comments by its head of RI about climate

    23 May 2022

    HSBC has distanced itself from the remarks of a senior employee who delivered a controversial speech about 'Why investors need not worry about climate risk'.

  • US Treasury 'watching with interest' investor transition planning

    19 May 2022

    Investors' work to assess and influence companies' decarbonisation plans is increasingly being watched by regulators as they study how to improve such approaches, a senior official at the US Treasury has said.

  • Gas inclusion would 'debase' UK taxonomy

    16 May 2022

    The UK has been warned that including natural gas in its taxonomy of green activities would "debase" the exercise, and waste an opportunity to show leadership on sustainable finance.

  • AXA IM Alts contributes to $150m carbon capture company funding

    12 May 2022

    Carbon Clean aims to tackle challenges of carbon capture utilisation and storage

  • Carney: Some fossil fuel investment justified

    11 May 2022

    The transition to a net-zero carbon economy requires "nothing short of a revolution", although some limited investment in fossil fuels is justified in the short term, Mark Carney has said.

  • Allianz to halt investments in new oil and gas fields

    03 May 2022

    And will require 'net-zero by 2050' commitment from hydrocarbon producers