The costs of a hotter and more volatile climate are rising, and pose significant risks to economic and fiscal outcomes in the UK, according to the Office for Budget Responsibility (OBR). As a result, sustainable investment professionals have issued fresh warnings to the UK government to rapidly accelerate its transition plans or face serious threats to the UK finances. In…
Guest Post – California Climate Disclosure: What We Know After CARB’s First Public Workshop
By: Alyssa Zucker, Senior Industry Principal, Workiva California continues to lead the way on climate action by advancing its critical disclosure laws: The Climate Corporate Data Accountability Act (SB 253) and the Climate Related FInance Risk Act (SB 261). The California Air Resources Board (CARB) recently held its first public workshop on the state’s landmark climate disclosure laws . The…
EQ Investors ends sale conversations to remain independent
EQ Investors has decided to remain independent after conversations with several interested parties. Our sister publication Portfolio Adviser exclusively revealed on 3 April it was exploring “strategic partnerships” with larger firms as philanthropist John Spiers, who acquired the firm a decade ago, said passing his shares to a charitable foundation may not be the right path for the sustainable investment manager’s future. However,…