Climate change

Asset managers divided on mandatory Scope 3 reporting

Asset managers broadly welcome International Sustainability Standards Board’s draft reporting standards proposals on sustainability……However, analysis reveals they are split on…

Citi sets climate pace among US banks, but questions remain

Valerie Smith, Citi's chief sustainability officer, says the bank aims to double down on its ambition to be the lead…

Why 2025 marks a tipping point for the low-carbon energy transition

Even if global warming is limited to 2°C rather than 1.5°C, research by S&P Global Sustainable1 reveals the world would…

Cop26: Navigating the complexities of climate change risk

[caption id="attachment_5936" align="alignnone" width="1168"] Climate change scenarios are essential for risk management. (Photo by metamorworks/iStock)[/caption] As we wave goodbye to…

Are financial firms afraid of climate scenario results?

[caption id="attachment_5909" align="alignnone" width="1024"] Wary of the weather: Climate scenario analysis suggests big challenges lie ahead for investors. (Photo by…

Exclusive: The companies with the most ambitious net-zero targets

Some companies are aiming higher than others. (Photo by olm26250/iStock) Analysis of science-based targets reveals what different sectors are committing…

Standard Bank points to climate progress amid activists’ anger

[caption id="attachment_1979" align="alignnone" width="658"] Climate protestors outside Standard Bank's headquarters on 27 May 2021. (Photo courtesy of Earthlife Africa)[/caption] Campaigners…

Climate litigators turn up the heat on Big Oil

[caption id="attachment_1264" align="alignnone" width="658"] Climate activists protesting outside an ExxonMobil trial in New York in October 2019. (Photo by Angela…

Big US firms back Biden’s mandatory climate disclosure plans

[caption id="attachment_1080" align="alignnone" width="1024"] President Biden speaks at the climate change virtual summit from the White House campus on 22…

Can HSBC green the Middle East?

Well connected: HSBC was the only bank on the top line of Saudi Aramco’s $29.4bn IPO and is connected with…