COP29 One day before COP29 closure, climate finance deal still ‘glaringly incomplete’ The latest NCQG draft proposes “two vastly different options" for its design – and still lacks a specific figure. Melodie Michel 21 November 2024
Policy & Standards ISSB publishes new guide on identifying and disclosing sustainability-related risks Recent data suggests that companies still largely underestimate their sustainability-related risks. Melodie Michel 19 November 2024
Transition Planning Corporate climate opportunities now worth US$16tn Individual businesses identify around US$3 billion of potential gains on average. Melodie Michel 13 November 2024
People & Culture LGT Wealth Management appoints first Chief Sustainability Officer LGT Wealth is a member of the Global Investor Commission on Mining 2030 launched last year to support a responsible mining industry. Melodie Michel 24 October 2024
Nature capital Aviva invests £40mn in nature restoration firm Nattergal Nattergal aims to 'rewild' 20 to 30 ecologically degraded sites globally within five years. Melodie Michel 21 October 2024
Climate litigation BlackRock greenwashing case tests enforceability of sustainable fund label rules "We want other investment managers to heed the warning of this complaint." Melodie Michel 18 October 2024
Policy & Standards TFMR report: Policy and credibility guidelines needed to accelerate transition finance The UK should establish “a suitable approach to credibility and integrity in transition finance markets”. Melodie Michel 17 October 2024
Sustainable Finance Banks remain too open to coal and fossil fuel financing: TPI report Banks’ climate targets are estimated to cover less than 22% of their total revenues. Melodie Michel 09 October 2024
People & Culture Genus Capital Management announces new Chief Sustainability Officer Stephanie Tsui will succeed Mike Thiessen in the role. Melodie Michel 08 October 2024
Sustainable Finance Most NZBA member banks have now set climate targets Most of the banks that have not met their target-setting requirements are in emerging markets. Melodie Michel 03 October 2024