New Global Standard Setter for Corporate Sustainability Drafts 1st Guidelines April 5, 2022 By Huw Jones A new global standard setter for company sustainability reporting set out its first draft guidelines on Thursday [March 31], entering...
U.N. to Hold Companies to Their Net-Zero Pledges With Group of 16 Experts April 1, 2022 By Valerie Volcovici The United Nations on Thursday announced the members of an expert group that will scrutinize corporate pledges to achieve net-zero...
Environmental Groups Sue TotalEnergies Over Climate Marketing Claims March 7, 2022 By Simon Jessop, Gloria Dickie and Benjamin Mallet A group of environmental organizations has filed a lawsuit in France against the country’s largest energy company TotalEnergies, accusing it...
Corporations That Fake Social Responsibility at Greater Risk of Cyber Attacks January 6, 2022 Corporations that do not take their vows to address environmental, cultural, social and political issues seriously could be putting a...
Insurers to Hike Private Market Investments; Environmental Focus Grows: BlackRock November 15, 2021 By Simon Jessop and Ross Kerber GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the...
Banks, Asset Managers, Representing 40% of World’s Assets, Vow to Meet Climate Goals November 3, 2021 By Tom Metcalf and Alex Morales Banks and asset managers representing 40% of the world’s financial assets have now pledged to meet the goals set out...
Corporate Climate Risk Disclosures Still Falling Short, Regulators Say October 15, 2021 By Huw Jones and Simon Jessop Around half of companies assessed have begun to apply globally agreed climate-related disclosure standards for helping investors to pick firms...
Global Financial Regulators Seek Coordinated Response to Climate Change Risk July 7, 2021 By Nicholas Comfort The world’s top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still...
EU Weighs Measures to Bring Financial Sector into Line with Its Climate Plans: Sources June 30, 2021 By Huw Jones The European Union is considering a wide range of measures to bring the bloc’s financial sector into line with its...
Many Climate Scientists Moving from Fieldwork to Jobs in Financial Services April 16, 2021 By Iain Withers, Carolyn Cohn and Simon Jessop LONDON – Environmental scientist Laura Garcia Velez cut her teeth on projects to help Ethiopian farmers insure crops for drought...