News

Investors failing to act on just transition, Fidelity International says

Investors are failing to act on calls to facilitate a 'just transition' to net zero, despite many believing it will have positive impacts on returns in the long run, according to a survey by Fidelity International.

JO Hambro launches greenhouse gas emissions forecasting tool

JO Hambro Capital Management has launched a proprietary greenhouse gas (GHG) emissions forecasting tool to help it assess the credibility of companies' net zero commitments.

Inaugural Sustainable Loans Insight 2023 published

Environmental Finance has published the first edition of its Sustainable Loans Insight, a new publication focusing on latest developments in the sustainable loans market.

BlackRock rejected Glencore's climate plan

BlackRock voted against Swiss miner Glencore's climate plan, documents have revealed.

'Uninsurable' assets is 'direction of travel' amid extreme weather

ABN Amro has warned that assets are increasingly becoming "uninsurable" due to the impact of extreme weather caused by climate change, as insurers respond to rising loss risk by hiking premiums and reducing exposure.

EU ESG rating regulation should close second-party opinion 'loophole'

The European Commission has been urged to include second-party opinion (SPO) providers in its proposed ESG rating regulation.

'World is watching' California climate disclosure bills, CDP says

Estimated data key to plug expected gaps in UK taxonomy reports, government told

Biodiversity deserves its own sovereign assessment tool

The topic of biodiversity is sufficiently important and complex that it deserves its own version of the Assessing Sovereign Climate-related Opportunities and Risks (ASCOR) project, according to an expert working on the sovereign climate risk assessment tool.

Green steel plant raises €1.5bn in largest private placement in Europe this year

Investors including Just Climate, Singapore's Temasek and Sweden's AP2 have contributed to a €1.5 billion equity round to build the world's first green steel plant.