Climate change

The latest developments in sustainable finance: Shell urges shareholders to vote against Follow This climate resolution; Rathbones considers voting against Exxon directors.

UN-convened net-zero asset owner group publishes fourth target setting protocol, covering private markets for the first time and including a pilot on sovereigns.

Central bank body also found emerging market banks more upbeat about the cost of transition plans than developed market peers.

The climate targets initiative has been accused of sidelining staff and advisory bodies.

Parts of proposed global framework for prudential climate disclosures slammed as ‘out of sync’ with market practices.

Director of corporate finance division says no SEC climate rule provisions require quantitative disclosures but some qualitative descriptions may be needed.

In the first of a series of monthly columns, the Theia Finance Labs co-founder looks at the evolution of sustainable investing and asks where we go from here.   

Responsible Investor talks to asset managers about the pros and cons of the popular climate metric.

Office of the Comptroller of the Currency recruiting for climate risk specialist with ‘emphasis in transition risk’ to guide supervision of US banks.

Aside from changing lending practices, research found little evidence of other climate-aligned outcomes.