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GFANZ

GFANZ cuts partnership with UN's Race to Zero campaign

Investment

GFANZ cuts partnership with UN's Race to Zero campaign

Mark Carney-led, multi-trillion-dollar net zero finance initiative drops requirement for its members to join UN climate campaign

clock 28 October 2022 • 2 min read
Climate Action 100+: Top corporate polluters accused of failing to act on climate goals

Management

Climate Action 100+: Top corporate polluters accused of failing to act on climate goals

Underwhelming results of Climate Action 100+ benchmarking exercise prompts calls for reform of investo group's approach when it reboots for a new five-year cycle next year

clock 13 October 2022 • 5 min read
GFANZ: Two pension funds quit global climate alliances citing resourcing challenges

Investment

GFANZ: Two pension funds quit global climate alliances citing resourcing challenges

Australia's Cbus Super and Austria's Bundespensionskasse quit the Net Zero Asset Owner Alliance and the Paris Aligned Asset Owners initiative respectively, both citing resource and data reporting challenges

clock 26 September 2022 • 2 min read
How corporates came to see climate action as a multi-trillion dollar opportunity

Management

How corporates came to see climate action as a multi-trillion dollar opportunity

Survey by CDP reveals top US firms see climate action as major economic opportunity

clock 21 September 2022 • 5 min read
NGOs step up calls for banks to restrict financing of fossil fuels

Net Zero Now

NGOs step up calls for banks to restrict financing of fossil fuels

NGOs write open letter to UN Environment Programme Finance Initiative (UNEP-FI) calling for bolder measures to ensure banks' net zero pledges are met

clock 16 September 2022 • 4 min read
GFANZ launches consultation on beefed up net zero portfolio guidelines

Investment

GFANZ launches consultation on beefed up net zero portfolio guidelines

Glasgow Financial Alliance for Net Zero is seeking public comment on new Portfolio Alignment Measurement Report, which aims to set out how financial firms can deliver on net zero goals

clock 10 August 2022 • 3 min read
Institutional investors have a collective responsibility to bring companies lagging on ESG up to speed

Investment

Institutional investors have a collective responsibility to bring companies lagging on ESG up to speed

Stewardship must be put at the heart of the Glasgow Financial Alliance for Net Zero's framework, writes Scottish Widows’ Maria Nazarova-Doyle

clock 10 July 2022 • 5 min read
'Keep stepping up': Race to Zero raises the bar for 'net zero' investors, companies, and cities

Investment

'Keep stepping up': Race to Zero raises the bar for 'net zero' investors, companies, and cities

Campaigners claim new rules ‘throw down the gauntlet’ to the various net zero alliances in the finance sector

clock 15 June 2022 • 9 min read
MPs launch probe into financial sector's role in the UK's net zero transition

Policy

MPs launch probe into financial sector's role in the UK's net zero transition

Environmental Audit Committee calls for 'explicit commitments' from financial firms on phasing out fossil fuel investments

clock 30 May 2022 • 2 min read
Glasgow Financial Alliance for Net Zero: Campaigners voice fears group is becoming a 'smokescreen'

Investment

Glasgow Financial Alliance for Net Zero: Campaigners voice fears group is becoming a 'smokescreen'

Leading campaign groups write to co-chairs Mark Carney and Michael Boomberg urging them to strengthen membership requirements for financial firms still investing in coal

clock 21 April 2022 • 4 min read
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