News

Canadian version of CA100+ to push companies for near-term climate targets

A collaborative engagement initiative focused on high-emitting Canadian companies not captured in the Climate Action 100+ (CA100+) initiative is set to ask for more detailed near-term emissions targets, according to an investor member.

Bregal's impact arm launches nature strategy, appoints Silvani

Bregal Sphere, the impact investing arm of private equity firm Bregal Investments, has launched a nature strategy.

PAI broadens its sustainability lens to include water

Private equity firm PAI Partners has added water to its sustainability assessments, in recognition of its importance to its portfolio, Environmental Finance has learned.

'Streamlining' of nature reporting needed, says UNEP FI

Further alignment and streamlining of nature reporting is still needed, the UN Environment Programme Finance Initiative (UNEP FI) has said, as it predicted that mandatory disclosures are likely on the horizon.

EU expert group to examine how to hardwire taxonomy into transition plans

An EU-mandated expert group is to advise the EU how criteria from its sustainability taxonomy can be "systematically integrated" to improve comparability and credibility of organisations' climate transition plans.

EU Platform begins transition plan work as it denies EU neglects issue

A commonly held perception that the EU's sustainable finance framework does not support 'transition' activities is "wrong", the chair of an independent EU advisory group has said, as it begins work on what good transition plans look like.

Water tech a key investment opportunity, says Redwheel

Water technology companies are set to be a key investment opportunity, asset manager Redwheel said, predicting the biggest polluters will also face growing pressure to act.

Texas brands Barclays 'fossil fuel boycotter' alongside muni bond ban

The Attorney General of Texas has banned Barclays from underwriting municipal bonds in the oil rich US state after it classified the UK-listed bank as being a "fossil fuel boycotter".

Law officials continue probe into DWS, as documents seized in Frankfurt

Scope 3 should be kept separate from other emissions, says LSEG

Scope 3 should be kept as a distinct metric from Scope 1 and 2, including in calculations of emissions reduction pathways, the London Stock Exchange Group has said.