Archive

SEC adopts watered down climate rule in landmark moment

The US Securities and Exchange Commission (SEC) has approved a landmark rule on climate-related disclosures, although it watered down elements of it, including no longer requiring disclosures on Scope 3 greenhouse gas (GHG) emissions.

Natural Capital Investment Americas 2023: NA100 a 'really powerful vehicle', conference hears

The newly launched Nature Action 100 (NA100), which formally launched yesterday by sending a letter to over 100 companies which have a high impact on nature, was described as "a really powerful vehicle to help advance meaningful progress".

Costco emissions reduction shareholder proposal passed

A shareholder proposal calling on US retailer Costco to adopt greenhouse gas (GHG) emissions reduction targets secured support from more than two-thirds of investors despite the board urging it to be rejected.

News round-up: HSBC, ICAPs, Cervest and Bloomin' Brands

Bloomin' Brands shareholders demand no deforestation

People moves: World Bank, BlackRock, IIGCC, Partners Group, Greencoat, PRI, SASB, US SIF, Osmosis and Grantham Institute

The World Bank has launched a search for a new president after Jim Yong Kim announced he would leave his role three years earlier than expected, to become a partner at Global Infrastructure Partners.

Investors call on companies to commit to halting deforestation

A coalition of investors with $617.5 billion of assets under management, led by Green Century Funds, has called on companies to sign up to 'zero deforestation' commitments specific to Latin America.

Asset manager makes fund family fossil fuel-free

A responsible investment firm has announced that its fund family will be entirely fossil fuel-free, after deciding that natural gas is no longer a responsible investment.