Mention of fossil fuel in draft agreement applauded
For the first time, a draft agreement from COP references the phasing out of coal financing – but will it make the final version?
Fossil Fuels
-
-
UK Budget disappoints on green transition
In the UK government’s Budget 2021, Sunak fell short of providing detail on green initiatives
-
PRI conference: Active owners get tough on fossil fuel’s climate lobbying
Engagement is focusing on trade association membership to ensure companies are aligned with shareholders’ long-term interests
-
Key requirements for reaching net zero by 2050
PRI-commissioned reports show ending deforestation, decommissioning coal and phasing out fossil cars are essential
-
UK must launch a just transition commission
UKSIF CEO says government must take on recommendations from the Financing a Just Transition Alliance
-
Institutional investors new to ESG say it outperforms
Nearly three in 10 of those surveyed increased the incorporation of ESG as a result of the Covid-19 pandemic
-
Shareholders up pressure on Standard Chartered over fossil fuel funding
Climate resolution claims the bank has financed more than $31bn to fossil fuels since Paris Agreement
-
Key climate finance pledges from UN General Assembly
US to double climate aid and Ireland proposes new climate agenda for Security Council as pressure mounts on leaders in New York
-
Don’t let perfect be the enemy of good at COP26
Rathbone Greenbank’s Elliot rounds up the progress made in the lead up to COP26 and what still needs to happen
-
Vanguard’s own goal: Carbon-heavy holdings and $3trn climate risk
Think tank Universal Owner claims asset manager is doing harm to the market on which it depends
-
Crisis Talks with XR: ‘Ecocide law must trump enforced fossil fuel investment’
In the fourth video in this ESG Clarity series, climate activists including co-founder of XR and an ex-BP employee, look at how rules must be shaped to ensure a successful green transition
-
Zero Emissions Day: The year in decarbonisation
ESG Clarity looks at some of the top stories in decarbonisation and how emissions levels are faring globally