Thousands of British companies that are required by law to produce a statement on this issue have not done so. But some, such as fashion retailer Asos and hotel group IHG, are setting better examples.
Highly polluting companies need trillions of dollars of funding to reduce their carbon emissions. Transition bonds are mooted as one solution, but investors are far from convinced.
The number of firms incorporating ESG metrics into leadership remuneration is rising amid shareholder pressure and as CEOs recognise the commercial and reputational benefits.
European proposals on ESG fund distribution are sparking worries about mis-selling, market fragmentation and, as a result, potentially reduced flows into such products.
UN Sustainable Development Goal 15 figures low on investors’ agenda, while their exposure to at-risk forest companies remains high.
Regulations forcing British companies to disclose details of their gender pay gaps are having a positive impact, but some lobby groups feel they should go further.
The Finnish bank has set itself new sustainability targets. But it faces tricky decisions if it is to realise them, given its exposure to the key Nordic industries of shipping and fossil fuels.
One of the world’s most influential financiers of oil and gas remains reluctant to threaten clients with funding cuts as a means to hit net zero. The US bank argues its investment-led approach to reducing carbon intensity within sector hotspots goes far enough.
A lack of technical guidance on Europe’s SFDR legislation has left asset managers to fill in the gaps, leading to confusion and serious risks of both greenwashing and market fragmentation.