Wells Fargo Says It’s Quitting Climate-Banking Group December 23, 2024 By Saijel Kishan and Alastair Marsh Wells Fargo & Co. said it’s leaving the world’s biggest climate alliance for banks, in the latest sign that Wall...
Investors With $9.5 Trillion Seek Mandatory Scope 3 Emissions Disclosures December 5, 2024 By Alastair Marsh An influential coalition of pension funds and insurance companies holding a combined $9.5 trillion of assets called on regulators to...
A $9.5 Trillion Investor Group Unveils Milestone Emissions Cuts September 26, 2024 By Alastair Marsh Institutional investors holding a combined $9.5 trillion of assets say they’ve slashed portfolio emissions at a rate that aligns them...
Net Zero’s Carbon Removal Conundrum August 19, 2024 By Alastair Marsh To achieve net-zero emissions, where emissions and removals of greenhouse gas pollution balance each other out, governments and corporations must...
Wall Street Pushes Back After Activists Escalate Protests July 15, 2024 By Alastair Marsh Against a backdrop of intensifying climate protests targeting Wall Street, the heavyweights of US finance are pushing back against what...
Bird Flu Found in Michigan, Idaho Cows as Virus Spreads in US April 1, 2024 By Alastair Marsh Highly pathogenic avian influenza has been discovered in dairy herds in Michigan and Idaho, indicating the virus is spreading into...
Net-Zero Investor Group Reports Financing Activities Lead to Emissions Decline October 18, 2023 By Alastair Marsh A $9.5 trillion investor group that includes Allianz SE, Legal & General Plc and the California Public Employees’ Retirement System...
UK Closer to Mandatory CO2 Disclosures With New Guidelines October 10, 2023 By Alastair Marsh The UK just moved a step closer to requiring companies to provide detailed statements on future carbon emissions reductions that...
European Insurers Underwrite 30% of US Coal: Study September 28, 2023 By Gautam Naik and Alastair Marsh Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the...
Allianz Unveils €20 Billion Spending Target in Net-Zero Transition Plan September 8, 2023 By Alastair Marsh Allianz SE is planning to invest €20 billion ($21.4 billion) in renewable energy and low-carbon technology by 2030, as it...