Climate change presents a systemic risk to economies, financial markets, and investments. To spur the action required to mitigate its most severe impacts, the owners and managers of trillions of US dollars have committed to net-zero emissions by 2050 or sooner. Yet global emissions continue to rise. While investors alone cannot bend the trajectory of emissions, the most common approach…

This week in ESG news: EU launches ‘Omnibus’ process to scale back sustainability reporting requirements for companies; BBVA doubles sustainable finance goal; Blackstone raises $5.6 billion for energy transition fund; StanChart earns nearly $1 billion from sustainable finance activities; U.S. CFOs plan to increase sustainability investment after election of Trump; EU launches Clean Industrial Deal; IKEA hits speed bumps on…