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Risk

Could Europe's coal phase out happen much faster than anticipated?

Policy

Could Europe's coal phase out happen much faster than anticipated?

Boost for Glasgow Climate Pact as German coalition talks point to earlier coal phase out date and Portugal confirms closure of last coal power plant

clock 24 November 2021 • 5 min read
'Serious prudential risk': How EU banks' climate risk provisions are threatening European financial stability

Investment

'Serious prudential risk': How EU banks' climate risk provisions are threatening European financial stability

European Central Bank has urged banks to step up their climate risk assessments, after major benchmarking exercise reveals sector is poorly prepared for escalating impacts

clock 24 November 2021 • 6 min read
IKEA Foundation donates £4.5m to help drive 'transformative' change to sustainable finance

Risk

IKEA Foundation donates £4.5m to help drive 'transformative' change to sustainable finance

IKEA charity arm's funding to support four projects led by the University of Oxford's Sustainable Finance Group

clock 23 November 2021 • 3 min read
S&P Dow Jones Indices extends climate transition and Paris-aligned indices

Investment

S&P Dow Jones Indices extends climate transition and Paris-aligned indices

Firm expands 2050 Climate Select Index Series and S&P Net Zero 2050 Paris-aligned Select Index Series in bid to aid investors looking to back the net zero transition

clock 23 November 2021 • 2 min read
'Adapt or die': Environment Agency chief urges bankers to stop investing in fossil fuels

Investment

'Adapt or die': Environment Agency chief urges bankers to stop investing in fossil fuels

Sir James Bevan argues net zero transition is set to dramatically accelerate in the wake of the COP26 Climate Summit

clock 23 November 2021 • 2 min read
'Blind spot': How today's decisions could be setting smaller businesses on a path towards worsening climate risks

Climate change

'Blind spot': How today's decisions could be setting smaller businesses on a path towards worsening climate risks

A new report finds that failure to implement climate resilience measures now can place businesses on irreversible trajectories towards disastrous physical climate impacts

clock 23 November 2021 • 6 min read
Zurich pledges not to underwrite new oil exploration projects

Risk

Zurich pledges not to underwrite new oil exploration projects

Major win for campaigners, as insurance giant further tightens fossil fuel underwriting policies

clock 19 November 2021 • 2 min read
'Transparency drives accountability': Inside the drive to standardise corporate climate target setting

Carbon Accounting

'Transparency drives accountability': Inside the drive to standardise corporate climate target setting

BusinessGreen webinar sees experts from EQUANS and WRI weigh up the benefits of climate target setting accreditation schemes

clock 19 November 2021 • 7 min read
'Shooting themselves in the foot': ZSL warns palm oil firms to step up climate risk management

Supply chain

'Shooting themselves in the foot': ZSL warns palm oil firms to step up climate risk management

ZSL urges the palm oil industry to implement climate risk strategies as report reveals just seven of top 100 producers have such plans in place

clock 18 November 2021 • 4 min read
Royal Pharmaceutical Society pledges to divest from fossil fuels

Investment

Royal Pharmaceutical Society pledges to divest from fossil fuels

The president of the RPS said the group had taken the decision to alter its investment strategy in the latest win for the global divestment campaign

clock 18 November 2021 • 2 min read
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