OVO Energy and Ørsted sign major power purchase agreement
OVO Energy, the UK’s leading independent energy supplier, has announced it has entered into a Power Purchase Agreement with Ørsted, to buy green power from the Barrow Offshore Wind Farm.
UK’s Net Zero target is at risk without substantial change in corporate and public behaviour
The Energy Research Partnership has released a new report which has found that the UK’s Net Zero target is at risk without substantial change in corporate and public behaviour.
Covid-19, One Year On: Could We Have Predicted Lockdown Lengths?
To hinder the advance of Covid-19 as it spread around the world in early 2020, governments enacted lockdowns that shuttered businesses, limited social activity and stalled the global economy. The long-term impact of the virus was yet to be fully realized, but companies forced to shut down temporarily faced an immediate and pressing question: how long will the lockdowns last?
Climate Stress Tests to Be Mainstream for Banks, Insurers
Banks and insurers around the world are likely to face climate-related stress tests in the next two to three years as supervisors become increasingly aware of the urgency in gauging the risks from climate change, Fitch Ratings says in a new report.
Letter from the CEO of BuildingMinds
The world is undergoing profound changes on several levels: social, environmental, economic and technological. And the real estate sector must find appropriate leadership responses to these disruptive shifts.
CAC 40 ESG®: Leveraging the French SRI label
On 22 March of this year, Euronext launched the CAC 40 ESG® index, the first national ESG index derived from iconic CAC 40® index family.
Sustainable Investing: A new dawn
Discussing sustainable outcomes with leading ESG professionals.
Polestar unveils plans for ‘truly climate neutral’ car by 2030
In Polestar’s first annual review, the Swedish electric performance car brand announces its moonshot goal to create the first truly climate neutral car by 2030.
Climate Risk Macroeconomic Forecasting
Moody’s Analytics is expanding its capabilities to enable institutions to assess risks posed by climate change.
UK launches world’s largest ocean monitoring system to protect wildlife and biodiversity
The UK will pioneer the world’s largest ocean wildlife monitoring system to help protect life below water as part of the UK Government Blue Belt programme.
Apple powers ahead in new renewable energy solutions with over 110 suppliers
A new energy storage project highlights Apple’s efforts to become carbon neutral for its supply chain and products by 2030.
Climate Impact Investing Is Coming On Fast
There is no denying the impact of climate change — and associated regulatory realities — on the business of investment management. For portfolio managers, it is essential to understand how to successfully adapt and prepare for what some call the “mother of all correlated risks”
Aviva launches climate transition equity fund for workplace pension schemes
Aviva has launched the Aviva Investors Climate Transition Global Equity Fund, an actively managed equity fund for workplace pension schemes that invests in the shares of companies globally who are responding to climate change.
British Airways invests in ZeroAvia for development of zero emissions aircraft
British Airways has invested in ZeroAvia, a leading innovator in decarbonising commercial aviation, in an effort to accelerate the development of 50+ seater aircraft capable of running on zero emissions hydrogen-electric power.
Riskthinking.AI: Climate Risk Classification Standard
The lack of scientifically-based standards for codifying climate risk causation has hindered the development of methods for measuring and managing climate related financial risk. For this reason, Riskthinking.AI have developed a Climate Risk Classification Standard (CRCS™).
Impact investing 2.0: revenue sharing with charities to directly improve the environment
TT International issues a rallying cry to the wider industry calling for Impact Investing 2.0, where sustainable funds give one-third of their management fees to carefully selected environmental charities, as the TT Environmental Solutions strategy does.