Archive

Basel Committee to consult on bank climate disclosure requirements

The Basel Committee on Banking Supervision (BCBS) is to consult this year on climate-related disclosure requirements that it plans to add to international standards for capital requirements.

IIGCC to step up pressure on banks to demonstrate action on net zero

A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.

Eastspring takes "non-confrontational" approach to climate engagement

Eastspring Investments is taking a "non-confrontational" approach to climate engagement in Asia, where governance remains the pressing sustainability-related concern, it told Environmental Finance.

NGFS publishes report taking stock of transition plans

The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) has published a review of financial institutions' transition plans - and ways to improve the process.

NGFS transition plan 'stocktake' due this week

The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) will publish its "stocktake" on transition plans this week, which one official said will demonstrate how "inconsistent" the global picture is.

Sustainable funds grow globally despite regional outflows

While global sustainable assets continued to rise, large outflows in many regions slowed the global pace of investment in the first quarter of 2023.

Paris-aligned benchmarks boom but are they helping the transition? Part two

Asset owners are placing money in Paris-aligned benchmarks at a quickening rate but questioned whether they facilitate the transition. Michael Hurley reports

Paris-aligned benchmarks boom but are they helping the transition? Part one

Asset owners are placing money in Paris-aligned benchmarks at a quickening rate but questioned whether they facilitate the transition. Michael Hurley reports

NGFS looks to develop 'short-term' climate scenarios

'Just transition' guidance issued to harness trillions in investment

Guidance for fund managers on how to invest in a 'just transition' to net zero has been published, with the aim of harnessing trillions of dollars to support social objectives linked to the transition.