Archive

LGIM leads push for Nippon Steel to disclose its climate lobbying

Banks using PRB framework to aid CSRD reporting in absence of finance sector guidance

Some banks are using a framework designed for the Principles for Responsible Banking (PRB) initiative to help meet reporting requirements under the EU Corporate Sustainability Reporting Directive (CSRD), a UN Environment Programme Finance Initiative (UNEP FI) webinar heard.

Gresham House urges UK government to "provide reassurance" on biodiversity net gain

Gresham House has called on the UK government to provide further reassurance on the implementation of the Biodiversity Net Gain legislation, to help scale up private-sector involvement.

Extent of Fed's future focus on climate 'hinges on' US election

The likelihood of a follow-up climate scenario analysis or even a first stress test exercise by the Federal Reserve could hinge largely on the outcome of the US federal election in November, a consultant has predicted.

Australian government wins investor group praise for climate funding

Investor groups have welcomed a AUD22.7 billion ($15.1 billion) funding package the Australian government has pledged to support the transition to net zero, development of sustainability fund labels and tackling 'greenwashing'.

Trump victory would be 'disastrous' for sustainability

Investors would need to step up in advocating for sustainability in the advent of a Trump victory in the US presidential elections, an Environmental Finance conference heard.

Set national transition plans - but not transition finance definition, industry groups say

A detailed definition of 'transition finance' would be unhelpful and policymakers should instead focus on providing more policy support and public finance for emissions intensive industries to decarbonise, investor groups told a UK government-mandated taskforce.

The private sector must play a much greater role in the sustainability transition

Investment in sustainable landscapes could rise ten-fold, to one trillion dollars or more, writes David Brand

People Moves, 10 May: Aviva, DBS, New Forests, Länsförsakringär, ING ... and more

US banks lament data gaps in first Fed climate scenario analysis

The Federal Reserve's first climate scenario analysis of the country's six largest banks exposed widespread data gaps that threaten to undermine the accurate assessment of climate-related risks.