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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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 …
Read MoreGRI 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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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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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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ICE calls for avoided emissions to be adopted into investment analysis
August 25th, 2023
Intercontinental Exchange (ICE) is pressing for avoided emissions to be included in mainstream investment analysis after developing a new framework with Ecofin Advisors to address …
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Businesses not prepared to comply with ESG regulation
August 25th, 2023
A disconnect between executives and their employees on ESG regulation could mean companies are still not ready to abide by emerging requirements, a study by software-as-a-solution provider Workiva …
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TNFD calls for open source nature data
August 18th, 2023
The Taskforce on Nature-related Financial Disclosures (TNFD) has recommended creating a global nature-related public data facility.
TNFD claimed the facility would meet the growing demand for nature-related data it …
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CalSTRS votes against 2,035 boards for inadequate climate risk disclosures
August 18th, 2023
The California State Teachers’ Retirement System (CalSTRS) escalated its efforts to hold global companies to account after they did not provide sufficient climate risk disclosures to …
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Largest asset managers ‘off-track’ on net zero commitments
August 9th, 2023
Some of the world’s largest asset managers are far off track on meeting their 2050 net zero commitments, a study by data tool FinanceMap has found, with many failing …
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