Thomas Cox

BlackRock: Anticipating decarbonisation is key to investment success

The global decarbonisation movement will create opportunities for investors in power, transportation, industry and agriculture, BlackRock has said.

Robeco to engage with firms on water waste

Asset manager Robeco will target the water wastage of some investee companies over the next three years.

Barsky joins Growth for Good SPAC

Credit Suisse's global head of sustainable finance, Dana Barsky, has become president of special purpose acquisition company (SPAC) The Growth for Good Acquisition Corporation.

Aviva plans woodland carbon capture scheme

Aviva Investors plans to launch a carbon capture scheme through creating woods and peatland in Scotland to offset some of its real assets' greenhouse gas emissions

BdF: Climate scenarios entail major structural transformations

Climate scenarios set out by the Central Banks and Supervisors Network for Greening the Financial System (NGFS) will transform France's economy with implications for financial risk

NYC pension funds divest $3bn of fossil fuel assets

Ocean disclosures 'missing' from Danish pension funds

Danish pension funds are failing to engage with the impact of their investments upon the oceans, the Green Digital Finance Alliance (GDFA) has said.

Canada confirms mandatory climate disclosures

Canada has confirmed climate-related disclosures and net-zero plans will be mandatory for financial institutions and pension funds.

GPFG will not set a net-zero goal

Norway's sovereign wealth fund will not commit to a specific net-zero emissions target for its whole portfolio, only aiming to decarbonise in the "long-term", as its manager prioritises achieving returns.

US banking regulator drafts climate risk principles

The US Office of the Comptroller of the Currency (OCC) has opened a consultation on climate-related financial risk principles for banks while acknowledging "emerging risks" from climate change.