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Government-backed body said that the criteria for climate divestments may also need to be revised.
The group will explore how sustainable finance alignment may integrate transition considerations
As Net Zero pledges begin to be scrutinised, many investors seem comfortable with trajectories that don't consider everything needed to align with 1.5C. Sara Rochat and Andreas Hoepner highlight what investors must do to 'carve out the right curve' to net zero
The bank also said it would help develop and review client Net Zero transition plans
The latest developments in sustainable finance: BlackRock's Texas letter; French investor ends investments in new oil and gas; California fossil fuel divestment bill
UK’s largest pension fund to halve portfolio emissions by 2030 and allocate to climate-focused and energy transition funds
Climate pledges fall short on restricting oil and gas production, and underwriting, NGO warns
Tackling deforestation is an obvious place for financial institutions to begin their wider efforts to work towards net zero, writes Nigel Topping
The latest developments in sustainable finance
Samama leaves Amundi-owned CPR Asset Management to join S&P Global Sustainable1
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