High-emitters' climate disclosures 'fail to quantify financial impact'

The climate-related financial disclosures by most US and European companies in 'environmentally sensitive'…

ESG data files: Part five - the impact of the EU's taxonomy

Will the EU's sustainability taxonomy reduce the reporting burden on companies, or could it be another weight on their shoulders? Michael Hurley reports

CA100+ targets lobbying, implementing TCFD and net zero emissions

Climate Action (CA) 100+ has set out its engagement priorities, over the coming months, in its first…

Investors,Policy

Insurance and Climate Risk Americas 2019

Delegates at Environmental Finance’s Insurance and Climate Risk Americas conference in New York heard how climate-related legislation is racing up the agenda in the US, Michael Hurley reports

Insurance

Setting the benchmark for sustainable banking

The Principles for Responsible Banking are due to be launched this month. Could they be a game-changer for the sector, Michael Hurley asks

Debt,ESG,Equity,Policy

Wellington and CalPERS help companies disclose physical climate risks

US investment firm Wellington Management and the California Public Employees' Retirement System (CalPERS)…

Investors

Citigroup, Shell and 3M removed from DJSI World

S&P Dow Jones Indices (DJI) and RobecoSAM have reviewed the companies in the Dow Jones Sustainability…

Debt,ESG

What's next for the European Commission's Sustainable Finance Action Plan?

June was a key month for the Action Plan. Emmanuel Buttin, Maarten Vleeschhouwer and Tomas Vaclavicek give their assessment of the state of play and what will be the next steps.

Policy

Major US insurer stops investing in or insuring coal

Chubb's decision reflects the increasing risks in the coal sector as a result of efforts to tackle climate change, argues Dave Jones

Stranded Assets,Insurance

Australia's regulator talks TCFD

Geoff Summerhayes of the Australian Prudential Regulation Authority (APRA) tells Elena K. Johansson how it will deal with climate risk and integrate the Task Force on Climate-related Financial Disclosures (TCFD) guidelines.

ESG,Policy,Insurance

Insurers face rise in management liability claims from climate risks

A rise in climate-related 'directors' and officers' (D&O)' insurance claims could soon materialise, according…

Stranded Assets,Insurance

Central banks are 'not leading by example' on climate change

Central banks have started playing "a crucial role" in mobilising the institutions they supervise to…

Policy,Stranded Assets

TCFD update exposes low level of climate strategy disclosure

“Much work remains” for organisations to implement the recommendations of the Task Force on Climate-related…

Policy

Japanese firms inaugurate TCFD consortium

A consortium of companies has been formed in Japan to help implement the recommendations of the Task…

ESG,Investors

ESG data must be forward-looking, say panellists

Investors must have forward-looking environmental, social and governance (ESG) data to be able to assess…

Corporate,ESG,Investors

It's time for a Marshall Plan for the planet, says Aviva

"A Marshall Plan for the planet" will be needed to help to pay for the trillions needed to build the…

Policy,Stranded Assets

CDSB and SASB team up to deliver TCFD 'how-to' guide

The Climate Disclosure Standards Board (CDSB) and the Sustainability Accounting Standards Board (SASB)…

ESG,Investors

Dutch investors pressure oil and gas sector to strengthen climate targets

A group of heavyweight investors including NN Investment Partners (NN IP), Actiam, Aegon and Kempen have…

Investors,Stranded Assets

'Don't divest from palm oil', WWF urges financial institutions

Environmental NGO WWF has urged financial institutions not to divest from palm oil stocks, but to engage…

Investors

Investors must step up climate risk engagement, says Australian NGO

Investors are being urged "to drastically increase the ambition and impact of their corporate engagement…

ESG,Investors