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Science Based Targets initiative launches financial sector framework
01 October 2020Science Based Targets initiative (SBTi) has launched its "breakthrough" pilot framework for financial institutions to set science-based climate targets, but campaigners were "disappointed" and "disturbed" by what they perceive to be shortcomings.
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PRI ejects first five signatories for failing minimum standards
29 September 2020The UN Principles for Responsible Investment (PRI) has for the first time booted out five signatories for failing to meet the minimum requirements, with a further 15 signatories at risk of being delisted in 2021.
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Industry standard for tailings dam management launched
06 August 2020A global industry standard on how to manage tailings dams from construction through to closure has been launched, described as an "important milestone" towards ensuring zero harm to people and the environment following a series of disasters.
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UN's Principles for Responsible Banking tightens signatory scrutiny
17 July 2020Signatories of the UN Principles for Responsible Banking (PRB) have voted to establish a governance body to ensure effective implementation of the commitments, which could ultimately lead to laggards being thrown out.
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AgriFunds urged to improve natural capital risk disclosure
07 July 2020Food and agriculture funds have been urged to improve reporting on nature-related risks, after a report showed major investors in the sector were materially exposed to the financial risks associated with natural capital threats.
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Legal Framework for Impact to fundamentally reshape finance, says Generation IM
26 May 2020The forthcoming Legal Framework for Impact "will fundamentally reshape the way finance and business is conducted in coming decades", according to Generation Investment Management.
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Denmark's PFA joins Net-Zero Asset Owner Alliance
13 May 2020PFA, a Danish insurer and pension fund, has become the 23rd member of the UN-convened Net-Zero Asset Owner Alliance.
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Transition Pathway Initiative eyes analysis of corporate debt market
29 April 2020The Transition Pathway Initiative (TPI) plans to extend its analysis of management quality and carbon performance to corporate issuers of fixed income products.
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Use our Taxonomy as a framework for economic recovery, urges EU's TEG
27 April 2020Policy makers and the private sector have been urged to use the tools developed as part of the EU's sustainable finance action plan to guide the rebuilding of economy following the coronavirus (Covid-19) crisis.
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Database of tailings dams launched as investors up pressure on mining firms
24 January 2020A database of tailings dams has been launched that it is hoped will inform investor engagement and push mining companies to actively manage the risks of dams failing and causing catastrophic damage to nearby communities and the surrounding environment.