Stranded Assets

  • Taxonomies 'struggling to support the transition', webinar hears

    04 October 2024

    Green taxonomies need to embed forward-looking, decarbonisation pathways to help catalyse the transition to a net-zero carbon economy, a webinar heard.

  • NZDPU expansion 'a major step to closing the data gap', says Carney

    26 September 2024

    A free-to-use database of climate data will be expanded to cover 10,000 companies, based on their disclosures via CDP

  • IIGCC highlights opportunities in unlabelled debt

    24 September 2024

    Unlabelled debt could play a greater role in decarbonising high-emitting and hard-to-abate sectors than labelled debt and green bonds, a discussion paper by the Institutional Investors Group on Climate Change (IIGCC) suggested.

  • ING updates net zero assessment approach

    23 September 2024

    ING has added the dairy and aluminium sectors to its Terra approach for steering companies in its lending portfolio to net zero by 2050, and highlighted the steel and residential real estate sectors as requiring further work.

  • ING further restricts upstream oil & gas financing

    20 September 2024

    ING has further tightened its restrictions on financing the oil and gas sector, although one NGO branded the development as being "of little value".

  • Aviva and Amundi score below average in analysis of climate transition plans

    20 September 2024
  • Zurich to drop oil and gas producers lacking credible transition plans by 2030

    20 September 2024

    Zurich has unveiled its 2024 climate transition plan that sets interim targets and the strategy to achieve net-zero by 2050 across its insurance business, investments and operations.

  • Bloomberg launches transition plan credibility assessments

    19 September 2024

    Bloomberg has launched a product it says can help investors judge the credibility of companies' transition plans and targets.

  • ETS deadlines risk facilitating 'brown zombie' European industry, ECB blog says

    18 September 2024

    The impending increase in carbon emissions costs under the EU Emissions Trading System (ETS) will add to energy intensive firms' financial woes, potentially undermining their ability to invest in decarbonisation, a blog published by the European Central Bank (ECB) says.

  • One-in-three big emitters have 1.5°C-aligned targets - but none have detailed transition plan, says TPI

    10 September 2024

    About 30% of the biggest corporate emitters of greenhouse gas emissions globally have long-term climate targets aligned with keeping warming to 1.5°C - but none have detailed plans on how to reach these targets, according to the Transition Pathway Initiative (TPI) Centre.

  • EXCLUSIVE: M&G to rebrand climate solutions fund as biodiversity

    06 September 2024

    M&G Investments is rebranding its climate solutions fund as a nature and biodiversity fund, as it looks to capitalise on growing interest in the theme, Environmental Finance has learned.

  • Canadian transition guidelines could boost market, says BMO

    06 September 2024

    Canadian guidelines on transition finance, which are expected to be released next month, could help make the country a leader in transition bonds, a leading underwriter believes.

  • G20 group calls for national transition plans ahead of COP29

    05 September 2024
  • Commission faces legal challenge over taxonomy criteria for aviation, shipping

    28 August 2024

    The European Commission faces a legal challenge of its inclusion of aviation and shipping criteria in its sustainability taxonomy, after NGOs accused it of greenwashing.

  • Climate lobbying among most powerful levers to address 'frightening' climate risk - Railpen

    28 August 2024

    Pushing oil and gas companies to align their climate lobbying with decarbonisation targets is one of the most powerful levers for addressing a "frightening" acceleration in climate risk in institutional investors' investment portfolios, according to Railpen.