NZAM suspends activities in the wake of BlackRock’s exit
The initiative will conduct a review to ensure it remains ‘fit for purpose in the new global context’
NZBA
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GFANZ restructures and shifts focus as more firms leave sub-alliances
The organisation drops the requirement to align with the Paris Agreement in order to participate
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Time for asset managers to hold banks accountable for inconsistency in net-zero targets
Comes as HSBC publishes targets covering only 33% of facilitated emissions
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Banks face penalties and legal action over fossil fuel funding
Dutch banking group ING has become the latest to come under threat of legal action over fossil fuel investment
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ING’s Vels: ‘You have to show the progress you promise to make’
New global head of sustainable finance talks updated targets and being transparent
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Engaging fund managers on fossil fuel financing
In this week’s special Earth Day coverage, Mollie Thornton shares the questions put to fund managers on their investments in the planet