Net zero, greenhouse gas emissions

SBTi announces upgrade to target validation services 

September 20th, 2023


The Science Based Targets initiative (SBTi) has revealed it will reform its validation services division in a slew of changes to its operation.

The organisation will separate its target …

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Paris climate agreement 3

UN calls for accelerated action in implementing the Paris Agreement 

September 15th, 2023


Ambition and implementation of the Paris Agreement must accelerate rapidly, according to the UN’s five-yearly global stocktake designed to assess the global response to the climate …

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Patisserie Valerie scandal charges

SFO charges four individuals over Patisserie Valerie scandal 

September 14th, 2023


The Serious Fraud Office (SFO) has brought fraud charges against four individuals who oversaw the collapse of high street baker chain Patisserie Valerie.

Christopher Marsh, a former director …

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Investors urge companies to account for climate-related risks

NGFS call on central banks to step up on climate litigation 

September 12th, 2023


The Network for Greening the Financial System (NGFS) has urged central banks and financial supervisers to build up their capabilities for assessing and managing risks …

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australia

Australian government accept climate risk to bond value 

September 7th, 2023


In a landmark settlement, the Australian government will acknowledge that the climate crisis is a systemic risk that might impact the value of sovereign bonds.

The government has …

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emission reduction

TPI Centre: Banks must expand emission reduction target coverage 

September 7th, 2023


The Transition Pathway Initiative Global Climate Transition Centre (TPI Centre) has called on banks to broaden their emission target coverage to include all material financing activities.

The …

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Netherland’s Blue Sky Group appoints Minerva Analytics as Proxy Voting Services partner

GRI and EFRAG confirm interoperability of impact reporting standards 

September 7th, 2023


The Global Reporting Initiative (GRI) and European Financial Reporting Advisory Group (EFRAG) have announced their respective impact reporting standards can be used collaboratively.

The groups published a …

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net zero

UKSIF urges government to stick to net-zero ambitions

September 1st, 2023


The UK Sustainable Investment and Finance Association (UKSIF) has warned the government that climate wavering risks its position as a world leader in sustainable finance.

UKSIF, which represents banks, …

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human rights

ShareAction calls for ISSB to prioritise human rights reporting 

September 1st, 2023


Investor coalition ShareAction has written to the International Sustainability Standards Board (ISSB) to design international reporting standards for human and worker rights.

ShareAction, which represents investors managing …

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Standards compliant check, Quality assurance

IEEFA criticises SBTi’s draft standards for financial sector 

September 1st, 2023


The Institute for Energy Economics and Financial Analysis (IEEFA) has recommended improvements for the Science Based Targets initiative’s (SBTi’s) draft standards for financial institutions.

IEEFA called on SBTi …

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