07 March 2023Climate Change, Publications, Risk, TCFD
News
Fulfilling individual fiduciary responsibilities requires a collaborative response to climate risk
Net-Zero Asset Owner Alliance Chair, Günther Thallinger, argues that responding to climate change is essential for asset owners to fulfil their fiduciary duty and that in order to do so effectively, collaborative efforts are needed.
Singapore’s OCBC to stop funding oil, gas projects
Singapore's OCBC bank has announced its latest decarbonisation goals, under which it will stop financing upstream oil and gas projects that received approval for development after 2021.
Costa Rica to strengthen its sustainable finance framework
A new project to align the Costa Rican financial sector’s financial flows with the climate change objectives of the Paris…
The Net-Zero Asset Owner Alliance urges G7 Finance Ministers to join its call for MDB and DFI reform
The Net=Zero Asset Owner Alliance Chair – Guenther Thallinger – has written to the G7 Finance Ministers, urging them to call for a reform of multilateral development banks and development finance institutions.
Net-Zero Asset Owner Alliance outlines four key principles for evaluating asset managers’ climate policy engagement
For investors to address systemic risks posed by climate change, they must focus on systematic solutions and use multiple levers…
Panama to strengthen its sustainable finance framework
A new project to align Panama’s financial flows with the climate change objectives of the Paris Agreement has just launched…
Net-Zero Asset Owner Alliance sets expectations for oil and gas investments and calls on companies and policymakers to align with 1.5C pathways
The Net-Zero Asset Owner Alliance publishes its Position on the Oil and Gas Sector, setting new requirements for members and formulating key expectations for oil and gas companies (produces and consumers) and policymakers.
Emerging Markets Transition Investment project outlines principles for localised engagement approaches
The Emerging Markets Transition Investment (EMTI) project, supported by the Net-Zero Asset Owner Alliance, released a second paper in its Code Red! Series. The paper outlines guiding principles for responsible and effective engagement in emerging markets and developing economies.
Net-Zero Asset Owner Alliance Chair highlights importance of a just energy transition at Munich Security Conference
Opening remarks to the Net-Zero Asset Owner Alliance-hosted roundtable discussion at the Munich Security Conference by Günther Thallinger, Chair of…
Principles for Responsible Banking to strengthen climate ambition to meet increased expectations
As the global framework and gold standard for Sustainable Banking, the Principles for Responsible Banking need to continuously evolve in line with increasing ambition and new goals humanity defines. Signatories have made the important decision to strengthen the definition of the Principles’ climate ambition to specify that Signatory Banks, in accordance with the Paris Agreement, are expected to align their portfolios with a 1.5 degrees pathway.
