Archive

News round-up: ESG fund assets approach $2trn, PIMCO launches ESG fund, Epworth ditches oil and gas firms, Race to Zero updates criteria

UN's 'Race to Zero' campaign launches finance sector expert group

The Race to Zero campaign launched by the United Nations Framework Convention on Climate Change (UNFCCC) has formed a finance sector expert group (FSEG) to develop "consistent, fair, and rigorous" guidelines for assessing which financial firms should be eligible to join the initiative..

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.