Just Transition

Move comes as GFANZ is set to engage NGOs, governments, businesses, and financial institutions in stock take of nature in transition plans.

CEC launches consultation on benchmark modelled on Climate Action 100+ but with additional provisions on Just Transition.

The region is home to carbon-intensive economies and vulnerable to climate-related risks.

First generation of plans will be 'really difficult' for financial institutions, experts warn.

Finance sector climate initiatives should include Just Transition as part of frameworks and conditions for membership, upcoming Grantham Research Institute report will say.

Scottish Widows, Schroders, Railpen, Nest, Ninety One and the Environment Agency Pension Fund amongst founding participants.

Respect capital markets, be realistic about transition risks and opt for impact investing, says ESG critic Marlo Oaks.

CEC looks to CA100+ model but stresses the need to respect Indigenous rights and achieve a Just Transition.

Pensions and insurance giant calls on UK policymakers to create a minister for Just Transition or a Just Transition advisory committee. 

Exxon Mobil, Saudi Aramco, BP, Gazprom, Repsol, Royal Dutch Shell, Santos and TotalEnergies amongst recipients of Tuesday's letter.