Biden announces $6bn to ‘drastically’ cut industrial emissions
Industrial sector contributes nearly a third of US carbon emissions
Environment
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‘No evidence’ pension fund TCFD reporting driving change on climate
Some pension funds ‘only viewing it as a compliance obligation’
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Global Returns Project partners with UK wealth firm on climate portfolio
Leading Edge will now be able to offer GRP’s portfolio of climate philanthropy investments
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Indonesia identifies first coal plant to retire early
The country is the world’s biggest thermal coal exporter and heavily reliant on the fuel for electricity
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The top companies to invest in using a refugee lens
Researchers at RII say the refugee crisis poses a clear systemic risk
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Columbia Threadneedle launches sustainable equity fund
Managed by Nick Henderson
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Europe’s five biggest banks face $1trn investor anger for fossil fuel financing
Institutional investors are urging them to stop directly financing new oil and gas fields in 2023
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Sustainability gulf emerging between companies
11% of businesses only consider sustainability at board level once a year, survey finds
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Bumper oil profits ‘slap in face to planet’
Shell and BP are urged to use profits to help poorest and boost renewable projects
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Bumper profits for oil giants ‘slap in face to planet and UK’s poorest’
Shell and BP urged to use huge profits to help poorest and boost renewable projects
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CCLA appoints stewardship lead
Tessa Younger, who joined the firm last month, has taken up the role
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Gap between net-zero pledges and action at many companies
CEOs drag down net-zero action by ignoring operations managers