Archive

Church of England to support Toyota lobbying resolution

The Church of England Pensions Board (COEPB) is to take action at Toyota's upcoming AGM over concerns its lobbying "may be undermining the goals of the Paris Agreement".

Zimbabwe's attack on carbon offsets

The cancelation of carbon offset contracts by the Zimbabwe government could have wider implications for the fragile voluntary carbon market, argue Brad Handler and Morgan Bazilian

IIGCC to step up pressure on banks to demonstrate action on net zero

A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.

UBS: EU's Corporate Sustainability Due Diligence Directive is complex and challenging

The EU's proposed Corporate Sustainability Due Diligence Directive will be "very complicated" for companies to comply with, UBS has warned.

APAC TNFD pilot flags 'stumbling blocks'

Swedbank invests in biodiversity credit pilot and says market could exist in a year

A global market for biodiversity credits may exist within a year, according to Swedbank Group, as it revealed that it has invested in a pilot project that will generate credits.

GFANZ APAC launches consultation on managed coal phase out

The Asia Pacific chapter of the Glasgow Financial Alliance for Net Zero (GFANZ) has published guidance for financing the early retirement of coal-fired power plants.

Greenhushing is just another form of greenwashing, says Australian regulator

The chair of Australia's regulator has criticised 'greenhushing' - whereby companies do not publicly communicate their sustainability strategy - as "just another form of greenwashing".

Eastspring takes "non-confrontational" approach to climate engagement

Eastspring Investments is taking a "non-confrontational" approach to climate engagement in Asia, where governance remains the pressing sustainability-related concern, it told Environmental Finance.

A 'mistake' for regulators to homogenise ESG ratings

Regulators risk stifling market innovation by standardising ESG ratings, and instead should focus on improving transparency, ESG Book's Leon Saunders Calvert tells Genevieve Redgrave