Results highlight need for institutions to use common assumptions, refine analysis of individual companies and enhance methodologies.
Insurers, banks and superannuation funds face liability risk for failing to disclose, address and manage the effects of climate change.
Consultation on portfolio alignment with Paris goals may be distraction from short-term actions to accelerate transition.
Financial institutions face legal battles if they fail to enforce crime-free value chains, warns Simon Zadek, Chair of Finance for Biodiversity.
60% of banks don’t have a climate risk stress testing framework; only 20% consider climate risk when granting loans.
This week’s major stories impacting ESG investors, in five easy pieces.
All local and foreign financial institutions expected to adopt the basic recommendations within 24 months.
New Race to Zero criteria and strong words from the Secretary-General raise questions for the sector’s commitment to transition.
New Climate Adaptation Strategy encourages financial institutions to innovate and expand solutions.
Race to Zero’s new criteria was just one reminder of the need for scrutiny and ambition.
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