Michael Hurley

ISO announces work on net zero standard

TransitionArc launched to 'supercharge' transition plan analysis

CDP, Transition Pathway Initiative (TPI) and the Science Based Targets initiative (SBTi) have collaborated with Climate Arc to launch a "one-stop tool to assess corporate transitions" that a senior executive said would "supercharge" such analysis.

ECB to set decarbonisation targets for corporate bond portfolios

The European Central Bank (ECB) will target near-term greenhouse gas emissions reductions in its corporate bond portfolio for the first time and will consider 'remedial actions' if these diverge from a strict decarbonisation trajectory.

LGIM to partially divest from Glencore over coal plans

Legal & General Investment Management (LGIM) has said it will divest from Glencore over the mining company's plans to expand its production of thermal coal.

Japan consults on asset owner principles that encourage sustainable investing

Net Zero Investment Framework reduces focus on financed emissions, warning of 'perverse outcomes'

The second version of the widely used Net Zero Investment Framework investor transition planning guide has been published, with a reduced focus on encouraging the reduction of emissions linked to financing.

Lack of policy guardrails 'enabling transition-washing'

ISSB tie-up with TPT sees it join crowded field of transition planning guidance

The International Sustainability Standards Board (ISSB) will provide guidance on climate transition planning following an agreement to "assume responsibility for" the UK Transition Plan Taskforce (TPT)'s disclosure-specific materials.

Listing rules change will raise cost of capital for UK business, asset owners warn

WBA consults on transition plan credibility assessment