Archive

CA100+ creates benchmark for net-zero emissions

Engagement initiative Climate Action 100+ (CA100+) has developed a tool for companies to use when developing strategies for transitioning to net-zero carbon emissions.

Does private education have a place in an impact investment strategy?

There is a strong argument that private education has no place in impact investing. The reality is a lot more complicated, says UBP's Eli Koen

BP outlines oil production cuts and bolsters net-zero carbon ambition

BP has announced it will cut oil and gas production by two-fifths and increase its low-carbon investments ten-fold by 2030 in order to achieve its net-zero carbon ambition, whilst also halving its dividend.

Consultation opens on climate change lobbying framework

The consultation on a framework to help investors assess the extent to which a company's lobbying is aligned to the Paris Agreement has been opened, after three investors launched the project earlier this month.

Transition finance guidelines to be published 'by end of year'

A working group convened by the International Capital Market Association (ICMA) exploring the theme of 'climate transition finance' expects to publish guidelines by the end of the year, but stopped short of saying when a formal set of principles might be launched.

Total becomes next oil major to feel shareholder climate pressure

French supermajor Total has become the latest oil firm to face rising pressure from shareholders at its annual general meeting (AGM) over it environmental ambitions.

ACPR: Banks need to incorporate climate into risk management framework

The French Prudential Supervision and Resolution Authority (ACPR) has published a guide to good practices in governance and climate risk management for the banking industry.

Banks' fossil fuel commitments accelerate as pressure intensifies

Green investor group hails Equinor climate resolution progress

Support for a shareholder resolution demanding Norwegian oil company Equinor to set carbon intensity targets more than doubled, but majority owner, the state of Norway, kiboshed the proposal.

Pension funds must do more to push for low-carbon transition, says Lord Deben

The chair of the influential UK Committee on Climate Change (CCC) said the financial sector is beginning to take environmental concerns more seriously, but more has to be done.