Science-Based Targets initiative sees uptake double

The Science-Based Targets initiative (SBTi) has seen uptake from corporates double over the past year-and-a-half.

ESG,Policy,Stranded Assets

ICR Conference: Allianz exec refutes suggestion exiting coal is a 'PR stunt'

Allianz's head of regulatory strategy argues divestment is good risk management

Insurance,Stranded Assets

Denmark’s central bank to conduct climate stress test in 2020

Denmark’s central bank will assess the risks posed by climate change to the country’s banks by the middle…

Policy,Stranded Assets

Trucost launches climate change physical risk analytics tool

Trucost has launched an analytical tool to help companies assess their exposure to physical climate risk,…

Stranded Assets

The ESG data files, part six continued: TCFD and the challenge of looking forward

Data providers are stepping in to fill the disclosure gap. Joe Walsh and Peter Cripps report

Equity,Investors,Stranded Assets

At least 10% of stocks face high climate transition risks, warns DWS

Between 10% and 20% of stocks face high or excessive climate transition risk, DWS has warned.

Stranded Assets

AXA reveals more details of third impact fund

IMPACT,Stranded Assets

Nestlé, Coca-Cola and Unilever 'have plastics-risk exposure'

Nestlé, Coca-Cola and Unilever are the developed market companies most exposed to plastics-related risk,…

ESG,Stranded Assets

Investors up pressure on IEA to tighten climate scenarios

A group that includes Nordea, Zurich Insurance, Folksam, Alecta and Storebrand has pressured the International…

Investors,Policy,Stranded Assets

The ESG data files, part six: TCFD and the challenge of looking forward

Requests for strategic information about the risks and opportunities posed by climate change have proved a step too far for many. Joe Walsh and Peter Cripps report

Equity,Investors,Stranded Assets

EIB fossil fuel lending phase-out hailed as ‘crucial milestone'

The European Investment Bank (EIB) has committed to phase out lending to most fossil fuel projects by…

Debt,Policy,Stranded Assets

Riksbank divestments ‘open floodgates’ to questions on climate divestment

The Swedish Riksbank’s climate-related divestment from carbon-intensive issuers is set to ramp up the…

Debt,Green Bonds,Investors,Policy,Stranded Assets

Repsol commits to ‘positive’ climate lobbying following investor pressure

Spanish oil and gas company Repsol has committed to align its lobbying practices with the aims of the…

Investors,Stranded Assets

IOPS says ESG integration 'is in line with fiduciary duty'

A group of 87 pension fund regulators and supervisors has been advised to clarify that the explicit integration…

Investors,Policy,Stranded Assets

Four in five EU coal plants 'now running at a loss'

Financial think tank Carbon Tracker estimates that four in five EU coal power plants are unprofitable,…

Stranded Assets

Santander criticised for investments in Polish coal expansion

Spanish banking giant Santander has faced criticism for its investment in Polish state-run energy group…

Debt,Stranded Assets

Axis Capital limits coal underwriting and investment

Lloyd’s re/insurer Axis Capital has announced a new thermal coal and oil sands underwriting and investments…

Insurance,Stranded Assets

EU carbon market update, 15 October

This week’s Brexit negotiations could trigger large moves in EU Allowance (EUA) prices in either direction,…

Carbon,Policy,Stranded Assets

Aberdeen Standard Investments to construct its own climate scenarios

Aberdeen Standard Investments (ASI) is to build its own climate scenarios to help it better understand…

Investors,Stranded Assets

CofE slams proxy voting firms over BHP resolution

The Church of England Pensions Board has hit out at proxy voting firms ISS and Glass Lewis for their…

Investors,Policy,Stranded Assets