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

Energy Transition

FIs strengthen climate policies for oil and gas

ING stops funding new oil fields and Zurich expects credible climate transition plans.

Melodie Michel

20 September 2024

Policy & Standards

Investors managing US$29 trillion call for stronger climate policies – including carbon pricing

Yet it’s estimated that only 1% of global emissions are currently priced high enough to meet the goals of the Paris Agreement.

Melodie Michel

17 September 2024

CSO Futures Weekly

CSO Futures Weekly: Investors are asking for credible transition plans

Shareholders push for transition plan votes in 2025, packaging firms get first CSOs and Morgan Stanley drops its plastic commitment.

Melodie Michel

12 September 2024

Transition Planning

Investors push FTSE 100 firms to vote on climate transition plans at 2025 AGMs

“Specific transition plan votes enable shareholders to signal support for these decarbonisation strategies and any associated capital expenditure requirements."

Melodie Michel

12 September 2024

Biodiversity

Investors urged to strengthen biodiversity policies ahead of COP16

“Investors are not doing enough to adapt their investment policies to tackle the destruction of important ecosystems in protected areas."

Melodie Michel

11 September 2024

People & Culture

Malaysian bank MBSB names first Chief Shariah and Sustainability Officer

"This dual responsibility underscores MBSB’s ambition to lead the way in integrating shariah principles with sustainability."

Melodie Michel

21 August 2024

Policy & Standards

FASB: No specific project to integrate SEC climate disclosures in accounting principles

“We do one thing and one thing only, financial accounting and reporting standards.”

Melodie Michel

19 August 2024