Archive

  • US banks facing NYC pension fund pressure on climate targets

    24 April 2023

    Bank of America, JP Morgan Chase and Goldman Sachs are preparing to face a shareholder vote on a resolution asking them to set absolute greenhouse gas (GHG) emissions reductions targets, as a major investor criticised them for "lagging peers" in this area.

  • Investor-backed alliance calls for marine project proposals

    24 April 2023
  • Macquarie sells wind farm stakes to Equitix

    24 April 2023
  • 'Reasonable to expect' banks will meet ECB climate expectations, says Elderson

    24 April 2023

    It is "reasonable to expect" Eurozone banks will, by 2024, close the gap between their currently inadequate disclosures on climate-related risks and the expectations of the European Central Bank (ECB), according to a senior central banker.

  • ECB and EIOPA call for EU wide natural disaster insurance scheme

    24 April 2023

    The creation of a pan-EU public scheme for "less frequent, large-scale disasters" could complement existing insurance offerings and contribute to closing the climate insurance protection gap, two major European supervisors have said.

  • CBI climate resilience taxonomy expected in 'next few weeks'

    21 April 2023

    The Climate Bonds Initiative (CBI) is expecting to publish the first framework paper for its climate resilience taxonomy in the next few weeks, according to its chief executive.

  • ECB warns banks are still failing on climate disclosures, and threatens action

    21 April 2023

    Eurozone banks have been given a stern warning by the European Central Bank (ECB) that it is ready to act if they do not improve "insufficient" disclosures on climate ahead of rules coming into force this year.

  • US 'working on' investing $50m in TIG forestry strategy

    21 April 2023
  • People moves, 21 April: Standard Chartered, VCMI, Lloyds ... and more

    21 April 2023
  • Australia plans sovereign green bond and taxonomy financing

    21 April 2023

    The Australian government has announced it plans to issue a debut sovereign green bond and will co-fund the development of a sustainable finance taxonomy...