Thomas Cox

NZAMI attracts criticism for interim targets

The Net Zero Asset Managers Initiative (NZAMI) has come in for criticism after it emerged that one of its early signatories has only set 2030 targets for a fraction of its assets.

EU banks set for regular climate stress tests, with prudential requirements review by 2023

The European Commission has proposed requiring all Eurozone banks to disclose their ESG risks annually and conduct regular stress testing...

Loan round-up: Wood, Primary Health Properties, Tong Eng, Equites ... and more

$52trn investor group demands governments improve climate goals

Bond round-up: Italy, Cades, UK, NTT, MuniFin, Seche, Auckland ... and more

Activist: ABP divestment from fossil fuels will have global 'ripple effect'

Pension fund ABP's decision to divest of all fossil fuels will influence the policies of investors all over the world, activist group Fossielvrij has said.

IGCC: Australian 2030 climate target is 'deep concern to investors'

Australia's failure to commit to an ambitious target for decarbonising by 2030 risks blocking billions of dollars of investment, the Investor Group on Climate Change (IGCC) has said.

ABP to sell €15bn of fossil fuel holdings on climate grounds

Dutch pension fund ABP will divest from all producers of oil, gas and coal, a segment of its portfolio valued at €15 billion ($17 billion)...

UK financial regulation overhaul needed for 'just transition', says alliance

The UK government should adjust financial regulation to improve the chances of achieving a 'just transition' to a low-carbon economy

Moody's: $14trn of G20 bank loans have high transition risk

Almost one fifth of G20 banks' loans (19%) totalling $14 trillion are subject to high risk from the impact of measures taken to adapt to a low-carbon economy...