Two asset management firms – Sarasin & Partners and Generation Investment Management – have been recognised for their progress in acting on their climate commitments in the inaugural Sustainable Finance Report Card published by the Centre for Climate Finance and Investment at Imperial College Business School. In partnership with the Carbon Tracker initiative, the report – Sustainable Finance Report Card:…
Banks Face Dual Challenge on Climate Policy
Around 90% of EU banks are exposed to climate transition risks, recent analysis from the ECB shows. Banks globally are increasingly feeling two-pronged pressure from regulators and investors to up their climate ambition and stop financing fossil fuels. In recent months, European banks have fallen under heightened scrutiny from the European Central Bank (ECB) on their climate disclosures and target-setting,…
Take Five: How to Move a Mountain
A selection of this week’s major stories impacting ESG investors, in five easy pieces. This week saw AI governance concerns overshadow discussion of sustainability risks by the great and good of Davos. Biodiversity’s bond boom – Demand for sovereign debt is already soaring this year on expectations of falling interest rates, with France already benefiting from a twelve-fold oversubscription to…
ESG Policy Digest: January 2024
The sustainable finance policy and regulation landscape continued to evolve and mature at the end of 2023 and the hope is that policymakers double down on the impetus to bolster sustainable investment this year. A new year of sustainability reporting will require global regulators to confront challenges relating to sustainability data, making the release of International Capital Markets Association’s (ICMA)…
Beyond 1.5C – January 2024 Update
Scientists at the EU’s climate agency Copernicus released their findings last week on the state of the planet’s climate. It made for stark, if not unexpected reading. The headline was that the planet was 1.48° Celsius hotter in 2023 compared to pre-industrial times. That’s a mere whisker below the 1.5° Celsius target set by countries in the 2015 Paris Climate…
Beyond 1.5C – January 2024 Update
Scientists at the EU’s climate agency Copernicus released their findings last week on the state of the planet’s climate. It made for stark, if not unexpected reading. The headline was that the planet was 1.48° Celsius hotter in 2023 compared to pre-industrial times. That’s a mere whisker below the 1.5° Celsius target set by countries in the 2015 Paris Climate…
Beyond 1.5C – January 2024 Update
Scientists at the EU’s climate agency Copernicus released their findings last week on the state of the planet’s climate. It made for stark, if not unexpected reading. The headline was that the planet was 1.48° Celsius hotter in 2023 compared to pre-industrial times. That’s a mere whisker below the 1.5° Celsius target set by countries in the 2015 Paris Climate…
Fighting ESG Fatigue
ESG investors aren’t the only group of people who sometimes wonder if their efforts to save the planet are truly worthwhile. After all, earth’s climate is rapidly approaching an environmental tipping point, right? “Motivated by equal parts fatalism and exhaustion, many [people] are reporting less enthusiasm in causes they’ve typically cared strongly about—like the environment,” says a 2024 Trends Report…
Fighting ESG Fatigue
ESG investors aren’t the only group of people who sometimes wonder if their efforts to save the planet are truly worthwhile. After all, earth’s climate is rapidly approaching an environmental tipping point, right? “Motivated by equal parts fatalism and exhaustion, many [people] are reporting less enthusiasm in causes they’ve typically cared strongly about—like the environment,” says a 2024 Trends Report…
Fighting ESG Fatigue
ESG investors aren’t the only group of people who sometimes wonder if their efforts to save the planet are truly worthwhile. After all, earth’s climate is rapidly approaching an environmental tipping point, right? “Motivated by equal parts fatalism and exhaustion, many [people] are reporting less enthusiasm in causes they’ve typically cared strongly about—like the environment,” says a 2024 Trends Report…