Carbon emissions, net-zero

UK Pensions Regulator launches consultation on climate regulation


July 9, 2021

The UK’s pensions watchdog has launched an eight-week consultation to assist trustees in meeting stricter sustainability and governance measures.

Under the proposed rulings, the Pensions Regulator (TPR) will penalise …

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Greenwashing, sustainability

Proposals target investor protection issues


July 1, 2021

The International Organization of Securities Commissions (IOSCO) says more efforts are needed to curb greenwashing in the asset management industry and has called for feedback on planned recommendations surrounding sustainability-related regulatory and …

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MUFG

23% of shareholders backed a resolution to align MUFG with the Paris Climate Agreement


July 2, 2021

Mitsubishi UFJ Financial Group (MUFG) shareholders have defeated a proposal to better align the business with global climate change targets, but the 23% …

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API, oil, petroleum

New API guidelines come amid stiffening disclosure rules


July 2, 2021

The American Petroleum Institute (API) has launched a new template for natural gas and oil companies to better track and report greenhouse gas (GHG) indicators.

The trade association, which …

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Big Tech

Tech giants resist adding ESG to financial reports


June 25, 2021

Leading global tech groups are resisting plans to include ESG disclosures in financial statements to US regulators.

Tech giants including Microsoft, Alphabet, Amazon, and Facebook have written to the …

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FSA, Japan

Japan’s regulator urged to toughen ESG rules


June 25, 2021

Japan’s financial watchdog, the Financial Services Agency (FSA), should introduce a new code of conduct for ESG data providers and build a platform to monitor ESG-related bonds, according to an …

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Record

CDP attracts record support for environmental reporting work


June 25, 2021

The Carbon Disclosure Project (CDP) has attracted record support for its 2021 campaign for corporate environmental reporting.

The non-profit group said this week that 168 investors and financial institutions …

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1.5, degrees, Celsius, Paris, Climate

G7 indexes falling short as countries support TCFD


June 18, 2021

A new report written by the United Nations Global Compact (UNGC) and CDP ahead of the Group of 7 (G7) and the UNGC leaders summit has found that the …

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Turning Point, Winds of change

Oil giants under pressure – A turning point for ESG investing?


June 11, 2021

In the wake of major events affecting oil companies in recent weeks, we look at the market reaction and the longer-term implications.

It has been a …

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TCFD

The UK’s Department for Work and Pensions (DWP) has set out plans for reporting requirements and climate risk assessment for pension schemes. This comes as the TCFD launches its own consultation to determine the future of its reporting standards.

In …

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