Net Zero

Accusations by Republicans of links to foreign governments and anti-fossil fuel bias coincide with announcement by the SBTi of separation of standard-setting and validation arms.

The latest developments in sustainable finance: CA100+ publishes diversified mining net-zero standard; PGGM criticises CA100+ signatories’ voting patterns; Fidelity expands Article 9 fund range.

The latest developments in sustainable finance: GTAG publishes two taxonomy reports; Martindale to leave Cardano.

The latest ESG movers and shakers: APG AM poaches Allianz GI head of sustainable investment office; Man Group seeks stewardship lead.

The latest developments in sustainable finance: Australia settles lawsuit over climate risks to government bonds; Verra to align standards with ICVCM criteria.

The initiative will complement the region’s green taxonomy, currently in draft stage.

The latest developments in sustainable finance: fossil fuel subsidies reached record $7trn in 2022, finds IMF; Rize ETF launches two Article 9 sustainable thematic funds.

Comptroller Lander describes legal action as ‘weak attempt by anti-ESG, anti-union forces to undermine the decisions by our pension system trustees to assess the very real risks of climate change to their portfolios'.

German insurer's CFO says US political and legal system can be 'very tricky' on earnings call, NZIA withdrawal in line with fiduciary duty.

Troubled by the sluggish pace of progress and recent setbacks in ambition, investors are turning to the sector's clients to reduce demand.