News

Thirty of the world’s largest asset owners, with portfolios worth a combined $5tn (£3.8tn), have committed to cutting the carbon emissions linked to companies they invest in by up to 29% within the next four years. Members of the UN-backed Net-Zero Asset Owner Alliance – which includes Aviva, the Church of England and the $400bn US fund CalPERS – will each set decarbonisation targets for 2025 as part of wider efforts to align their portfolios with the Paris climate goals and achieve net-zero emissions by 2050.

Former Bank of England governor Mark Carney has said banks should link executive pay to climate risk management, as part of efforts to align the finance industry with Paris climate goals. Speaking at the UN Environment Programme Finance Initiative roundtable on Tuesday, the former central bank boss said lenders should – at the very least – be transparent over whether or not pay is being tied to climate targets.

UNEP FI saw more than 2500 participants join Day 1 of its 16th Global Roundtable, held virtually for the first…

Financial institutions can and must make the shift to circularity, ensuring the consumption and production patterns of the businesses they…

Thirty of the world’s largest investors with $5 trillion assets under management have collectively agreed on concrete portfolio decarbonization targets…

BT Pension Scheme (BT PS), the UK’s largest company pension scheme, today becomes the thirtieth member of the UN-convened Net-Zero…

The European Commission published today the list of members of the Platform on Sustainable Finance, which includes UNEP FI. The Platform…

This webinar, hosted with Carbon Trust, provides insights on next steps in target setting for climate and nature, how organisations are making ambitious commitments and implications for their businesses.

New Zealand leads the way on climate-related risk disclosure Momentum continues to build on climate-risk disclosure across the globe, with…

Efforts to establish a Task Force on Nature-related Financial Disclosures (TNFD) have today passed an important milestone with the announcement of an Informal Working Group (IWG) comprising some of the world’s biggest banks, investors and companies, as well as governments and regulatory bodies.