In a Bloomberg story today, the Zurich Insurance Group today announced major new fossil fuel restrictions...
PCAF aiming to launch expanded version of insurance standard in H1 2025
The Partnership for Carbon Accounting Financials is planning to release the second version of its insurance-associated emissions standard in the first half of 2025....
The Partnership for Carbon Accounting Financials is planning to release the second version of its insurance-associated emissions standard in the first half of 2025....
Article / 2 months ago
NY state pension fund pulls $238M from shale oil and gas companies
The nation's third-largest retirement program is purging its portfolio of energy investments found incompatible with the fund's goal to be carbon-neutral by 2040...
The nation's third-largest retirement program is purging its portfolio of energy investments found incompatible with the fund's goal to be carbon-neutral by 2040...
Article / 2 years ago
Asian finance executives renew call for ESG investment standards
Panelists at the ESG and sustainability discussion at the Asian Financial Forum 2022 reiterated the need for standardized sustainability information to ensure that individual investors and companies can make informed decisions...
Panelists at the ESG and sustainability discussion at the Asian Financial Forum 2022 reiterated the need for standardized sustainability information to ensure that individual investors and companies can make informed decisions...
Article / 2 years ago
Path to net-zero: Banks' pledges come with reluctance to ditch polluters
While observers have welcomed banks' 2050 net-zero pledges as an important first step, the true test of their commitment will emerge in the details...
While observers have welcomed banks' 2050 net-zero pledges as an important first step, the true test of their commitment will emerge in the details...
Article / 2 years ago
COP26: Implications for the Financial Sector
The COP26 successfully concluded with a last-minute Glasgow Climate Pact which brought important progress to keep global warming below 2ºC...
The COP26 successfully concluded with a last-minute Glasgow Climate Pact which brought important progress to keep global warming below 2ºC...
Article / 2 years ago
Ahead of COP26, banks' net-zero pledges ignore most fossil fuel financing
Almost two-thirds of fossil fuel financing is done through the underwriting of bond and equity issuances, and financial institutions...
Almost two-thirds of fossil fuel financing is done through the underwriting of bond and equity issuances, and financial institutions...
Article / 2 years ago