Sustainable Finance

Banks remain too open to coal and fossil fuel financing: TPI report

Banks’ climate targets are estimated to cover less than 22% of their total revenues.

Melodie Michel

09 October 2024

Sustainable Finance

Most NZBA member banks have now set climate targets

Most of the banks that have not met their target-setting requirements are in emerging markets.

Melodie Michel

03 October 2024

Transition Planning

Climate transition plan quality criteria and red flags defined

Red flags include not following the rules of international GHG accounting standards and not reporting carbon credit use.

Melodie Michel

30 September 2024

Sustainability Governance

Why scientists want CSOs to adopt a ‘planetary health’ approach to sustainability

"The only chance of staying within 1.5ºC on climate is if we take a whole-Earth approach – with a window of just five years to change course."

Melodie Michel

24 September 2024

Energy Transition

FIs strengthen climate policies for oil and gas

ING stops funding new oil fields and Zurich expects credible climate transition plans.

Melodie Michel

20 September 2024

CSO Futures Weekly

CSO Futures Weekly: Investors are asking for credible transition plans

Shareholders push for transition plan votes in 2025, packaging firms get first CSOs and Morgan Stanley drops its plastic commitment.

Melodie Michel

12 September 2024

Transition Planning

Investors push FTSE 100 firms to vote on climate transition plans at 2025 AGMs

“Specific transition plan votes enable shareholders to signal support for these decarbonisation strategies and any associated capital expenditure requirements."

Melodie Michel

12 September 2024

Transition Planning

Transition Pathway Initiative: Credible climate transition plans still ‘very rare’

Most firms plan to “postpone deep emissions cuts until the 2040s”.

Melodie Michel

10 September 2024

Policy & Standards

Countdown to CSDDD: 3 years to compliance

Firms are facing an uphill battle to ensure compliance, particularly on human rights due diligence.

Melodie Michel

25 July 2024

Transition Planning

ISSB to ‘harmonize disclosures’ on corporate climate transition plans

The International Sustainability Standards Board said it would release guidance to standardize how companies worldwide publish details on their climate transition plans to meet net-zero goals.

Olivia Peluso

24 June 2024