Thomas Cox

Swiss foundation demands investors oppose poor climate plans

Swiss investor foundation Ethos has demanded its members vote against companies who target emissions reductions for fewer than 80% of their Scope 3 emissions.

Singapore mandates TCFD disclosures from 2023

The Singapore Exchange (SGX) will make disclosures based on recommendations of the TCFD

NBIM refuses to name companies screened for sustainability risks

The manager of the giant Norwegian sovereign wealth fund has refused to name the nine companies it has refrained from investing in based on their "sustainability risk"...

10 US asset managers emit 3bn oil barrels a year

The annual financed emissions of 10 of the largest US asset managers are equivalent of three billion oil barrels, a report has said,...

SEC commissioner: Net-zero strategies a rabbit hole

The ways that companies will achieve their "rabbit hole" net-zero pledges and the metrics used to disclose progress towards the goals are unclear, a Securities and Exchange Commission (SEC) commissioner has said

Bond round-up: EIB, ICADE, TD Bank, Uniqa, GEK Terna ... and more

EIOPA: ESG tops risk list for insurers and pensions

Environmental, social and governance (ESG) risks are expected to have the greatest increase in materiality for both the insurance and pensions sector, the European Insurance and Occupational Pensions Authority (EIOPA) has said.

Investors must scrutinise Asian companies' CCS assumptions

Investors have been urged to carefully scrutinise the carbon capture and storage solutions (CCS) projections associated with the net-zero transition plans of Asian companies.

Aviva launches social and natural capital 'transition' funds

Aviva Investors has launched two funds targeting positive social and environmental impact in the shift to a low-carbon economy...

NN IP: Green bonds phase out, not 'phase down' fossil fuels

The green bond market will increasingly push companies to 'phase out' fossil fuel energy in coming years, and push issuers to go beyond countries' pledges to 'phase down' coal...