Banks globally are grappling with the challenge of decarbonising their lending portfolios. Dutch lender ING has devised sector pathways for the nine most emissions-heavy sectors in its loan book – here’s how it did so.
New research reveals many insurers are still shying away from tightening up their oil and gas policies in line with International Energy Agency recommendations. That said, they have made solid progress on coal, having generally closed the gap on the asset and liability side.
There are calls for regulation to support the new global commitment to cutting methane levels, seen as one of the quickest ways to tackle climate change. But how it will be funded is unclear, and the absence of China, India and Russia from the pledge does not bode well.
Mining of nickel – a key component of electric vehicle batteries – is carbon-intensive, but that is changing with the rise of hydrometallurgy extraction. Tanzania’s Kabanga project is a prime example of how this process is gaining traction, but also of the investment risks involved.
The loss of our forests could prevent the world from meeting the Paris Agreement target of limiting the increase in global temperature to 1.5°C. Over half of global GDP is covered by a national net-zero target, yet it is questionable whether any of these targets will be met without significant progress on deforestation.
Capital Monitor has mapped out the net-zero targets of 755 companies globally that have been approved by the Science-Based Targets initiative. Here we analyse the findings.
Three-quarters of European companies have set emission-reduction goals, but details of how they intend to achieve them are lacking, while only one in ten is on track to hit net-zero targets, finds recent research. Pressure is growing on corporates – and regulators – to take more action.
An Australian parliamentary inquiry into the domestic finance sector’s shift away from coal exposure underlines the government's reputation as a climate policy laggard. But it may inadvertently help boost the country’s sustainable investment industry, argue some market participants.
Science-Based Targets are a vital starting point for a company’s transition plan, but the inclusion of high-emitting coal companies on the initiative's approval list presents problems for investors forming policies around them.
The British luxury fashion house was the first of its peers to tap the sustainability bond market. A year on, it has not only met its targets but in some cases gone beyond them. The company’s CFO and head of corporate responsibility explain how.
The A$150bn pension fund is using its financial heft to address modern slavery and has developed a risk-assessment tool to support its reporting requirements. But while some asset managers have shown overwhelming support, others are still burying their heads in the sand.
The year to date has seen record-breaking support for shareholder resolutions, with asset managers such as BlackRock and Vanguard stepping up their stewardship. However, a lack of data on the real-world impact means the jury is still out on their efficacy.