Archive

UK transition plan regime raises prospect of restatements, says EY

Institutional investors will have to determine how they would react in the event of corporate restatements of erroneous net zero transition plans, accounting and consulting firm EY has suggested.

GFANZ publishes net-zero transition plan guidance

The Mark Carney-backed Glasgow Financial Alliance for Net Zero (GFANZ) has published voluntary guidance on net-zero transition plans (NZTPs) for achieving net-zero by 2050 focused on Scope 3 emissions.

Developing markets need voluntary carbon market expansion, says Schroders

The development of the global voluntary carbon market will be vital in supporting emerging market decarbonisation-...

Listed companies on 2.9°C warming trajectory, says MSCI

SLBs 'helping fuel the climate crisis'

Bloomberg tightens grip on GSS bond indexing with new launches

Financial services giant Bloomberg has launched a series of green, social and sustainability bond indexes, in a move that could see it tighten its grip on indexing in the rapidly growing market by using its own data and analysts to determine eligibility.

Robeco launches biodiversity fund

UOB to join Net Zero Banking Alliance

United Overseas Bank (UOB) has applied to join the Net Zero Banking Alliance (NZBA) - at a time when several large US banks are reportedly considering walking out on the initiative.

UOB sets 2050 net zero target, rules out new oil and gas financing

United Overseas Bank (UOB) has announced a 2050 net zero target across its lending portfolio, and has also become the first bank in Asia to rule out new financing for upstream oil and gas projects.

GFANZ drops requirement to align with UN Race to Zero campaign

The Glasgow Financial Alliance for Net Zero (GFANZ) has scrapped its requirement for members to align with a campaign requiring a fossil fuel phase-out.