It is already entirely possible to interpret fiduciary duty in a way that tackles climate risks and allows for divestment, but plans to update investment rules are still hugely welcome
The first thing to say about the government's hugely welcome move to update investment rules to make it easier for pension funds to respond to climate risks is that it really should not be necessary...
All the green business news from around the world this week
'Long overdue': Financial Reporting Council to launch sweeping review of corporate climate disclosures and auditing practices
Financial accounting watchdog stresses companies already have a responsibility to report on environmental impacts and climate risks, as major new review hints at stronger enforcement action down the line
Mike Hower takes a biomimicry hike and reflects on what sustainability executives can learn from the desert
Food giants cultivate new pilots and financing programs