Environmental

landscape with green tree and dead tree
Financial institutions are keen to fund climate resilience projects but measuring impact is proving challenging.
Pink piggy bank at the entrance of a green maze. Illustration of the concept of direction and strategy of financial investment
ISO eyes 'globally applicable core principles' and wants to avoid overly narrow focus on financed emissions metrics.
Insurance giant, which participated as CA100+ 'supporter', cites 'streamlining' as reason for departure.
Trees in a forest
It comes as SBTi faces new demands to report itself to the UK's charity regulator.
Investors ramp up engagement with companies on reduction and reuse, call for 'complete rethink of plastic value chains'.
The group has also removed demands for investor access to development banks' joint credit risks database.
Pressure mounts on Shell and Equinor; investors promise to continue engagement with Woodside.
Vote
NBIM, New York City Comptroller and Storebrand supported pesticide filing at Kellanova.
Decorative Image
Net-Zero Insurance Alliance replaced with Forum for Insurance Transition, but SCOR and Munich Re will not rejoin.
Researchers say emissions target would penalise future companies and stamp out innovation.
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