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% …

Read More
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 …

Read More
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 …

Read More
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 …

Read More
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 …

Read More
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 …

Read More
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 …

Read More
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 …

Read More
ESG, Sustainability

ESG reporting can overcome businesses’ sustainability shortcomings


June 4, 2021

There is no doubt that the proliferation of ESG investing has coincided with the raised profile of social and environmental sustainability, exacerbated or highlighted by the COVID-19 pandemic.

The sustainability …

Read More
Diet Japan

Japan confirms 2050 decarbonisation objective


June 4, 2021

Japan’s upper chamber has passed a bill amending its ‘Act on Promotion of Global Warming Countermeasures‘, cementing efforts to achieve decarbonisation by 2050 in line with the Paris Agreement and …

Read More