Mark Carney

HSBC AM head of responsible investing: 'Who cares if Miami is six metres under water in 100 years?'

Investment

HSBC AM head of responsible investing: 'Who cares if Miami is six metres under water in 100 years?'

Top executive bemoans that there is always 'some nutjob telling me about the end of the world', but the bank insists his views 'do not reflect the views of HSBC Asset Management nor HSBC Group in any way'

clock 20 May 2022 • 3 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
Could the Integrity Council finalise carbon offset market standards this year?

Offsets

Could the Integrity Council finalise carbon offset market standards this year?

Recently formed Integrity Council for the Voluntary Carbon Market announces timetable for delivering Core Carbon Principles for fast-expanding offset markets

clock 17 March 2022 • 4 min read
$130tr net zero pledge a 'hot air' commitment, experts fear

Investment

$130tr net zero pledge a 'hot air' commitment, experts fear

Campaigners raise concerns over climate pledges from GFANZ’ network of top investors

clock 09 November 2021 • 2 min read
'We now have the essential plumbing in place': Carney-led finance coalition brings together $130tr of assets in pursuit of net zero

Investment

'We now have the essential plumbing in place': Carney-led finance coalition brings together $130tr of assets in pursuit of net zero

The Glasgow Financial Alliance for Net Zero (GFANZ) unveils progress report claiming 450 financial firms across 45 countries now committed to net zero

clock 03 November 2021 • 4 min read
Glasgow Financial Alliance for Net Zero faces pressure to tighten fossil fuel rules

Investment

Glasgow Financial Alliance for Net Zero faces pressure to tighten fossil fuel rules

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

clock 07 October 2021 • 3 min read
'Critical': Mark Carney launches Net Zero Financial Services Providers Alliance

Investment

'Critical': Mark Carney launches Net Zero Financial Services Providers Alliance

Eighteen organisations spanning breadth of financial service industry form financial sector’s newest climate-focused coalition

clock 21 September 2021 • 4 min read
Mark Carney-led offset market taskforce hands over reins to new governance body

Carbon Trading

Mark Carney-led offset market taskforce hands over reins to new governance body

The Taskforce on Scaling Voluntary Carbon Markets announces new independent governance body to oversee development of carbon offset credit principles

clock 21 September 2021 • 5 min read

Offsets

Hartree Partners inks $2bn deal with Wildlife Works to expand voluntary carbon market

Tie-up will see commodities trader work with conservation group to deliver 20 projects forestry protection projects aiming to cut CO2 by 20 million tonnes per year

clock 27 July 2021 • 3 min read

Offsets

Global banks plot voluntary carbon market platform to boost offset transparency

NatWest, CIBC, ITAÚ and National Australia Bank join forces to launch Project Carbon marketplace next month

clock 08 July 2021 • 3 min read