climate change Archives

FfB publishes guide on biodiversity

The Finance for Biodiversity (FfB) Foundation has released recommendations for financial institutions on managing biodiversity and the climate nexus, the interaction between biodiversity and climate change.

US Treasury release net-zero principles for financial institutions

The US Treasury has published a set of voluntary principles for net-zero financing and investment, highlighting the best practices for financial institutions.

Investors urge companies to account for climate-related risks

NGFS call on central banks to step up on climate litigation

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 posed to the financial sector by climate litigation.

UKSIF urges government to stick to net-zero ambitions

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.

ICE calls for avoided emissions to be adopted into investment analysis

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 the often-overlooked area.

Largest asset managers ‘off-track’ on net zero commitments

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 to improve their climate performance over the past two years.

France proposes national corporate sustainability requirement

The French national assembly has adopted a “Say on Climate” amendment to its Green Industry Bill, requiring all companies to establish climate and sustainability strategies.

Floating green icons representing sustainability data and science

Science Based Targets Network releases inaugural nature targets

The Science Based Targets Network (SBTN) has issued the first science-based targets for how companies measure and quantify their environmental impacts.

Shell climate resolution gains support

Lead investors engaging Shell under Climate Action 100+ have indicated their intention to support a climate resolution requiring the company to align its scope 3 emissions targets with the Paris Agreement.

Consumer groups slam attempt to delay SRD II

Investors show dissatisfaction with BP’s climate strategy

BP is under pressure to align its Scope 3 emission reduction plans with the Paris Climate Agreement after investors backed a shareholder resolution at its AGM.