The pensions of 15 million UK workers have been moved to net-zero carbon investment strategies following the universal adoption of green targets by providers last year, new research has found.
A lack of regulatory guidance is preventing companies from investing more in environmental, social and governance (ESG) initiatives, new research has found.
The Transition Pathway Initiative (TPI) has launched a new framework to help investors assess corporate climate targets in 10 key high-emitting sectors within energy, transport and industrials.
The headline climate pledges from 25 of the world’s largest companies are set deliver less than half of the emissions reductions required to achieve their net-zero goals, new analysis has found.
Moody’s Analytics sponsored a roundtable event where experts considered the controversial and complex issue of how to assess climate change’s financial impact – Huw Morris reports
Capital spending on physical assets for energy and land-use systems will have to increase by 60% to around $9trn (£5.7trn) every year to deliver net-zero emissions across the global economy by 2050.
Three insurance companies have been accused of insuring the majority of Brazil’s offshore oil and gas drilling, despite their public commitments to help tackle climate change.
Storms, floods, wildfires and earthquakes destroyed assets worth $280bn (£206bn) last year, which is a third more than the $210bn of losses recorded in 2020, Munich Re has revealed.
