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Net Zero Asset Alliance paper maps out Paris Alignment for high‐emitting sectors

The Net Zero Asset Alliance in conjunction with the Institute for Sustainable Futures (ISF) has published the 'Sectoral Pathways to Net Zero' paper, which maps out possible 1.5 °C pathways for five key high‐emitting sectors: energy, utilities, materials in specific steel and cement, and transport.

EIOPA proposes 'impact underwriting' to address climate risk

Insurers can contribute to climate adaptation and mitigation efforts by developing new insurance products that incentivise policyholders to mitigate insured risks - thereby implementing 'impact underwriting', the European regulator has said.

BlackRock promises 2021 climate vote record improvement

BlackRock has announced it intends to vote more regularly for shareholder proposals on climate action, rather than relying on engagement as it had done in the past.

Green and sustainability-linked loan round-up: Sanofi, Aviva, Keppel REIT ... and more

Adasina launches 'social justice' ETF

Adasina Social Capital has launched an exchange-traded fund (ETF) it says advances 'social justice', including in the areas of gender, racial and climate 'justice'.

News Round Up: World Bank, Bridgewater, CIMB, and more

Missing metrics: climate vs nature

Data on nature-related risks is more complicated than for climate, explains Nicky Chambers

NY State Pension Fund to divest from 'risky' oil and gas companies

The $226 billion New York State Common Retirement Fund is moving to divest from the 'riskiest' oil and gas companies by 2025 and has committed to full decarbonisation by 2040.

PBoC considers mandatory climate disclosure to support 'green' recovery

The governor of the People's Bank of China (PBoC) has announced the central bank will consider making climate disclosure mandatory and seek to make it easier for international investors to access the green finance market in the country.

Just 18% of transport firms have Paris-aligned climate targets, says TPI

Less than a fifth of transport firms have set carbon emissions reduction plans that are aligned with the Paris Agreement targets, according to a report by the investor-backed Transition Pathway Initiative (TPI), with the airline industry the worst performer.