Corporates are a few steps behind on ESG disclosures, but momentum is building under pressure from regulators and investors.
Most current business models do not reflect scale of change required.
Coal policies of UK institutions, PPCA members criticised by Reclaim Finance.
New principle-based guidance for financial institutions introduces progressive system of transition categories, incorporates broader environmental outcomes.
Increasingly, responses to the climate crisis appear to be informed by science.
Knowledge on social factors and integration approaches lags climate factors, report finds.
Tim Bush, Head of Governance and Financial Analysis at PIRC, explains why asset owners should scrutinise audit relationships more closely.
An initiative is working to standardise the asset class with a labelling framework, blended finance options and public-private partnerships.
GHG emissions from finance sector’s investing, lending and underwriting activities are on average 700 times higher than direct emissions, says CDP.
The Australian Council of Superannuation Investors is seeking the integration of climate change risk in super fund investment strategies.