Christopher Marchant

Moody's carbon transition assessment is 'irresponsibly generous' to oil & gas

Moody's proposed carbon transition assessment (CTA) methodology has been accused of being "irresponsibly generous" to the downstream oil & gas sector.

2°II explains its break with Science-Based Targets initiative

A disagreement that caused 2°II to walk away from the initiative boils down to whether it is appropriate to use the term 'science-based' to describe investor decarbonisation targets, writes Christopher Marchant

COP 26 delay 'could lead to better outcome'

Investors have argued that the postponement of the COP 26 in Glasgow, confirmed by organisers yesterday, could increase the likelihood of a strong agreement being reached at the annual climate summit, when it is finally held.

HSBC identifies upsides of pandemic for autonomous vehicles

Banking giant HSBC believes the prospects of autonomous vehicles (AVs) have been boosted by the social effects of the coronavirus outbreak.

Norges Bank Investment Management appoints new CEO

Norges Bank has appointed Nicolai Tangen as the new CEO of Norges Bank Investment Management (NBIM).

People Moves 27 March: GPIF, Irish Life, PGGM, Gold Standard

Emissions trading schemes hit by coronavirus pandemic

Emissions trading schemes (ETS) have been seriously impacted by the coronavirus epidemic, which has slashed demand for carbon credits, and raised the prospect that policymakers may have to intervene to shore up prices.

Investors assess long-term ESG impact of coronavirus outbreak

If the current rise in remote working caused by the coronavirus pandemic becomes a permanent shift it could benefit telecoms firms and reduce emissions long-term, according to investment managers.

UK government hearing expresses doubt over carbon credits resolution

Carbon market experts were gloomy about the prospects of resolving challenges to building a global market for offsets at the next UN climate talks.

Legal & General portfolio on track for 3.1°C of warming: TCFD report

Financial services giant Legal & General (L&G) has estimated that its current holdings of listed assets are aligned with 3.1°C of global warming.