CISL calls for standardised climate disclosure framework for investors
While most investors are measuring and disclosing their climate performance, it is hard to compare progress between companies because there is not a universal framework. This makes it more challenging for investors to be held to account or to accelerate progress.
Investors are facing mounting pressure to raise climate ambitions, including from changing legislation on net-zero
That is according to a new report, out today (14 April) from the Cambridge Institute for Sustainability Leadership’s (CISL) Investment Leaders Group (ILG).
The report assesses 15 funds that are ranked highly on climate performance by CDP, in terms of disclosing direct and financed emissions and reducing them in line with climate science. Of these funds, eight explicitly measure and disclose the climate performance of their activities; six disclose climate intensity, one discloses emissions on a portfolio basis and one discloses the emis
BlackRock joins net-zero initiative alongside firms managing $22 8tn citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.
Systematic climate approach : Swiss Re plots global coal phase-out by 2040
Insurance and reinsurance giant Swiss Re has announced new climate targets for financed emissions and pledged to stop serving the global coal sector by 2040.
Swiss Re s UK headquarters are located within the Gherkin (pictured)
Tuesday (16 March) saw the Group announcing a new ambition to reduce the carbon intensity off financed emissions by 35% by 2025 – a target it claims is aligned with the Paris Agreement’s 1.5C portfolio. The target covers corporate bonds and Swiss Re’s listed equity portfolio, as well as its direct real estate portfolio. For all other activities, climate strategies will be developed in the coming months.
Net Zero Festival: Last chance to register for inaugural Net Zero Finance event
There are a handful of passes still available for tomorrow s Net Zero Finance summit, featuring top speakers such as Hiro Mizuno, Sonny Kapoor, and Catherine Howarth
There is a last chance to register to attend tomorrow s inaugural Net Zero Finance summit, as BusinessGreen prepares to kick off this year s Net Zero Festival Programme.
Interested parties can reserve their place for the online event, which will see a host of top financiers, campaigners, and academics offer their exclusive insights on how investors and corporates can navigate the net zero transition and seize the opportunities arising from the green industrial revolution.
Brunel Pensions Partnership targets net-zero as Nest accelerates renewable energy investment edie.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from edie.net Daily Mail and Mail on Sunday newspapers.