FCA rule revision would require fossil fuel companies to explain reserve development while considering climate goals. Investors are being urged to support the inclusion of detailed climate disclosure requirements for fossil fuel firms in planned new UK prospectus rules ahead of a deadline next month. Reporting obligations are being drafted by the Financial Conduct Authority (FCA) following the passage of…

Deep depressions and high expectations were much in evidence as world leaders gathered for the year’s biggest diplomatic get-together. Adapt or … –  Storm Boris wreaked havoc across much of Europe this week, bringing damage and disruption across Austria, Czechia, Poland and Romania, before heading south to menace Italy. It was easy for amateur meteorologists to draw links to the…

Ana Haurie, CEO of Respira, argues for urgency in the development of a high-integrity voluntary carbon market. “No more debating while the world literally burns”, urged UN Special Envoy for Climate Action and Finance Mark Carney earlier this year. They were words to inspire progress – to kickstart the work needed to build a high-integrity voluntary carbon market (VCM) that can be put to…

Waste treatment and recycling is a major long-term opportunity for investors, according to Stefanie Mollin, Global Equities Portfolio Manager at GIB AM. Waste management is a big – and growing – business, as the global scale of solid waste generation reaches vast proportions. Every year more than 2 billion tonnes of municipal solid waste (MSW) is produced across the planet, as…

Fabrizio Ferraro, Professor of the Strategic Management Department at IESE Business School, considers sustainability-focused engagement in the face of the anti-ESG movement.   Imagine attending the PRI in Person conference in 2014 and asking ESG professionals to assess the likelihood of this scenario: within ten years, ESG investing becomes so politically charged that two candidates for the Republican presidential nomination…

Investors and businesses should not underestimate potential future liabilities, says Bethan Rose, Sustainable Investment Analyst at Evenlode Investment. The World Bank accepts that carbon prices need to grow over the long-term to drive investments at the necessary scale and pace. To keep global warming below 2°C, consensus suggests prices must reach between US$50/tCO2 and US$100/tCO2 by 2030. Although globally there…