UK pension funds and other institutional investors have been urged by prime minister Boris Johnson and chancellor Rishi Sunak to back riskier long-term investments in the country as it recovers from COVID-19.
More than eight in 10 UK asset managers have adopted an environmental, social and governance (ESG) programme amid growing regulatory pressure and investor demand, new research has found.
A new report has today been published by the global insurance industry group ClimateWise to help insurers play a more meaningful role in the decarbonisation of the global economy.
Strong government policies and financial support will see renewable energy account for nearly 40% of the world's power mix by the end of this decade, according to research by GlobalData.
The Financial Conduct Authority (FCA) has today opened a consultation on plans to extend requirements for climate related-disclosures to certain listed companies and regulated firms.
Investors managing more than $41trn (£29trn) in assets have released a joint statement calling on all world governments to raise their climate ambitions, or risk missing out on trillions of dollars.
The cost of offsetting corporate carbon emissions is likely to increase 10-fold by 2030 as more and more companies look to achieve their net-zero targets, according to forecasts by University College London (UCL).
ABP – which is Europe's largest public sector pension scheme by assets under management – has today committed to decarbonising its portfolio using the Net Zero Investment Framework (NZIF).
A new market-led initiative has today been launched to support financial institutions and corporates in assessing and managing emerging nature-related risks and opportunities.
