The Bank of England is exploring whether to use capital add-ons or scalars to address weaknesses in climate risk management.
New benchmark report highlights lack of social factors in corporates’ transition strategies and “absence of a holistic approach to decarbonisation planning”.
Initiatives backed by major insurers seek to rebalance ‘blue economy’ away from extractive industries to more sustainable models.
New framework helps firms align near- and long-term climate action with 1.5°C pathway.
New recommendations offer baseline for asset owner assessments of managers’ net-zero commitments.
Includes measures to develop the green finance sector, provide low-cost funds for green projects, and expand the carbon trading market.
Mandatory climate disclosures will be required from early 2024, for annual reporting periods that start on or after 1 January 2023.
New Grantham Institute report calls on asset owners to signal expectations through selection and engagement policies.
Expectations on climate policy and net zero strategies issued to help peers assess credentials of asset managers.
Alliance momentum builds, but admits to room for improvement on sector-based targets.
Subscribe to our free weekly newsletter below and never miss a story.