Net Zero Finance

TCFD-supporting organisations now have combined market cap of $25tr

Investment firm sets target to slash carbon intensity of its portfolio by 60 per cent by 2030

Firm also sets out plans to push for climate action on pension schemes where it acts as a co-trustee

BT, Tesco, Aviva, Santander, and Mitie among those calling on government to make net zero disclosure a mandatory requirement for large firms

Research from Make My Money Matter shows that large UK pension schemes managing £2tr still have no net zero goals in place

Nick Robins is professor in practice for sustainable finance at LSE’s Grantham Research Institute, and Dr Ma Jun is special advisor to the governor of the People’s Bank of China.

Interim target to halve emissions across equities and bonds by 2030 also announced by the pension scheme

Over 90 green groups demand stricter membership rules for a raft of corporate financial net zero groups ahead of COP26

Local Government Pension Scheme (LGPS) pool has also set out interim 2030 climate targets as well as plans to ditch coal and oil tar sands investments

The Taskforce on Nature-related Financial Disclosures (TNFD) names 30 new finance firm members who are set to lead development of the framework