October 18th, 2024
Canada will set mandatory climate-related disclosures for large federally incorporated private companies, as part of two sustainable finance initiatives aimed at achieving net zero by 2050.
Deputy prime …
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Heavy industries not on track for Paris Agreement goals
May 2nd, 2024
Aluminium, cement and steel industries are not aligned with a 1.5-degree trajectory, as set out in the Paris Agreement.
The World Benchmarking Alliance’s (WBA’s) first 2024 Climate and …
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EU Parliament approves CSDDD
April 24th, 2024
The European Parliament has voted to approve the Corporate Sustainability Due Diligence Directive (CSDDD) in another step towards the requirements being formally adopted by the European Union.
The CSDDD will require companies to …
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Report finds major banks are financing deforestation and biodiversity loss
December 7th, 2023
Banks have poured $307bn into high-risk forestry and agriculture companies linked to tropical deforestation since the Paris Agreement was signed, a report by the Forests & Finance …
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CA100 finds Australian companies not doing enough on short-term targets
October 12th, 2023
Climate Action 100+ said many heavy emitting Australian companies are not doing enough to meet short-term net zero targets despite steady progress in the making of commitments …
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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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UN calls for accelerated action in implementing the Paris Agreement
September 15th, 2023
Ambition and implementation of the Paris Agreement must accelerate rapidly, according to the UN’s five-yearly global stocktake designed to assess the global response to the climate …
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May 23, 2023
Mining company Glencore faces increased pressure from investors seeking greater transparency on how its thermal coal production aligns with the Paris Agreement.
Ahead of the annual general meeting on May …
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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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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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