Archive

'More rigorous' standards see biennial review register big drop in sustainable assets

A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".

SBTi asks financial institutions to pilot net zero and fossil fuels criteria

ESAP regulation proceeds for adoption after Council sign-off

NBIM plans $70bn sustainable private equity investment expansion

Norges Bank Investment Management (NBIM) is proposing updating the investment strategy for the NOK15.6 trillion ($1.46 trillion) Norwegian sovereign wealth fund to include net zero-aligned unlisted equity investments.

VCMI launches 'flexible Scope 3 claim' for carbon credit usage

The Voluntary Carbon Markets Initiative (VCMI) has launched a framework for allowing companies to credibly use carbon credits even though they are struggling to meet short-term reduction targets.

UK sustainability disclosure rules unveiled in 'important moment' for tackling greenwashing

The publication of UK sustainability disclosure requirements (SDRs), sustainable investment labels and an "anti-greenwashing rule" has been hailed "an important moment" in building trust in sustainability claims by investment funds.

It's time for the insurance industry to lead on climate action

As the Geneva Association celebrates its 50th anniversary, the world's insurance companies must heed their own warnings and move into the vanguard of corporate climate action, writes Peter Bosshard

Agricultural climate and nature data platform launched

An agricultural data platform has been launched to assist with reporting and help financial institutions better manage climate and nature risks.

Hydrogen-electric aircraft company raises $116m

BoE climate remit risks breaking government independence obligations, report says