US Treasury release net-zero principles for financial institutions
September 22nd, 2023
The US Treasury has published a set of voluntary principles for net-zero financing and investment, highlighting the best practices for financial institutions.
Its nine principles highlight the importance of …
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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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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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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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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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France proposes national corporate sustainability requirement
July 29th, 2023
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.
The amendment requires the board …
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June 2, 2023
The Science Based Targets Network (SBTN) has issued the first science-based targets for how companies measure and quantify their environmental impacts.
The goal of the targets is to empower …
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May 11, 2023
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.
Dutch …
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May 5, 2023
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.
At the meeting late …
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April 15, 2023
Follow This has urged shareholders to support its proposal to align BP’s climate policy with the Paris Agreement after the oil giant lowered targets earlier this year.
Ahead of BP’s annual …
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