Archive

SEC ends defence of climate rule in 'backward step for investors'

The Securities and Exchange Commission (SEC) has ended defence of its own climate disclosure rule, signalling a major blow to hopes it could be saved from legal challenges.

'About half' of companies in scope of imperilled SEC rule may have to disclose anyway - Ceres

The combination of climate disclosure rules in California and the EU, and other national rules with extraterritorial reach, are set to capture about half of the companies that would have been in scope of the imperilled Securities and Exchange Commission (SEC) rule, Ceres has estimated.

About 2,700 companies subject to California climate risk rule, Ceres estimates

Almost 2,700 companies are set to be subject to California rules that require them to say how climate change poses risks to their global operations, in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), Ceres has estimated.

Policy advocacy a gap in investor transition plans, Investor Agenda says

Investors' climate transition plans are widely "lacking" in information on how they intend to push policymakers and regulators to act on climate, according to a review of 230 institutional investors' plans.

Republicans could back US CBAM but SEC climate rule unlikely to survive, Ceres says

A Trump-led Republican Party could support the development of a carbon tax on imports, even as it pushes to deregulate and cut other climate-related measures, according to Ceres.

CA100+ benchmark shows progress in high-emitting sectors

The latest assessments from the Climate Action 100+ (CA100+) Net Zero Company Benchmark has shown companies in high-emitting sectors, such as airlines, steel and autos, are making progress in their efforts to decarbonise.

Scenario analysis, policy advocacy among biggest gaps in investor transition plans, Ceres finds

Only a handful of North America's largest investors use climate scenarios as part of strategic investment decision-making, and only about half provide information on their climate advocacy, according to a Ceres analysis of their transition plans.

Net Zero Asset Managers initiative observes rise of 'bespoke targets', as membership swells

The Net Zero Asset Managers (NZAM) initiative has noted a rise in signatories setting decarbonisation targets using their own 'bespoke' methodologies, as the group swelled to 325 signatories representing about $57.5 trillion in assets under management.

Ceres publishes transition plan ambition measurement framework

Net Zero Investment Framework reduces focus on financed emissions, warning of 'perverse outcomes'

The second version of the widely used Net Zero Investment Framework investor transition planning guide has been published, with a reduced focus on encouraging the reduction of emissions linked to financing.