net zero

IIGCC publishes net zero voting guidance

January 18th, 2024


The Institutional Investors Group on Climate Change (IIGCC) has published guidance to support investors in developing their own net zero policies and practices.

The Net Zero Voting Guidelines are aligned with …

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circular economy

EU says circular economy is “vital” to meeting climate goals

January 12th, 2024


The European Commission has renewed its commitment to a circular economy and reducing reliance on fresh resources, describing it as a “no brainer”.

Florika Fink-Hooijer, director general …

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SFDR

SFDR criticised over fund labelling and mandatory disclosures

January 12th, 2024


Assets managers have called for a new approach to fund labelling and mandatory disclosures in the European Commission’s Sustainable Financial Disclosure Regulation (SFDR).

In response to a consultation on …

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WWF call for urgent government action on biodiversity

January 12th, 2024


The Worldwide Wildlife Fund for Nature (WWF) have warned that without major changes by the UK government the food system in England will continue to fail people.

In a …

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climate change

Asset managers failing to utilise shareholder engagement with fossil fuels

January 5th, 2023


Asset managers that finance fossil fuel expansion are failing to effectively employ shareholder engagement tactics.

Asset managers failed to translate their words into actions at fossil fuel …

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Global warming and climate change

FRC identifies TCFD disclosures as area of focus

December 14th, 2023


The Financial Reporting Council (FRC) will include climate-related risks, including Task Force on Climate-Related Financial Disclosures (TCFD), as one of its key areas of supervisory focus for 2024/25 financial …

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TCFD Climate Disclosures

IFRS takes over monitoring climate-related disclosures from TCFD

December 8th, 2023


The International Financial Reporting Standards Foundation (IFRS) will oversee companies’ climate-related disclosures following the disbanding of the Task Force for Climate-related Financial Disclosures (TCFD).

The Financial Stability Board (FSB) …

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Deforestation

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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climate change, sustainability agreement

GRI and EFRAG partner for interoperability index 

December 6th, 2023


The Global Reporting Initiative (GRI) and the European Financial Reporting Advisory Group (EFRAG) have partnered to launch the GRI-ESRS Interoperability Index, which gives guidance on how to align both …

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failing

Asset managers are failing asset owners on stewardship 

December 1st, 2023


The UK Asset Owner Stewardship Review has found considerable misalignment and misunderstanding on stewardship issues between asset owners and asset managers.

The review is based on findings from the …

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