Climate Action Paris Aligned Investment Initiative
Asset owners, including Europe’s largest public sector pension fund ABP, have committed to net zero emission portfolios by 2050 or sooner.
Investors with USD 6 trillion call for a global price on carbon
Ahead of COP26 in November, investors managing more than USD 6 trillion in assets have called for a coordinated global price on carbon to reach the Paris Agreement goal of limiting global average temperature rise to 1.5 degrees Celsius above pre-industrial levels.
Retailers join forces to tackle climate change in the race to zero
Retailers H&M Group, Ingka Group (IKEA), Kingfisher plc and Walmart have launched a new climate retail campaign.
How is corporate ESG data impacting capital flows?
As capital floods into sustainable finance products and strategies, companies are finding themselves assessed by investors against a whole range of novel performance indicators.
Business leaders call on EU for effective and coherent leadership on climate and net zero transition
In an open letter to Commission President Ursula von der Leyen and further key EU policymakers, CLG Europe members and business network partners, are calling on the EU to seize this opportunity and demonstrate leadership in the run up to the COP26 summit.
Shell and Rolls-Royce sign agreement to accelerate progress towards net zero
The companies will join forces to progress the use of sustainable aviation fuel (SAF) in aircraft engines and shape policies that support a net zero pathway for the industry.
New report focuses on need to mobilise buyers to accelerate demand for net zero steel
A new report released by the Energy Transitions Commission focuses on the need to mobilise buyers to accelerate the demand for net zero steel.
World Bank: Protecting nature could avert global economic losses of $2.7 Trillion per year
A new World Bank report has estimated that the collapse of select ecosystem services provided by nature could result in a decline in global GDP of $2.7 trillion annually by 2030.
John Kerry warns we are not moving fast enough to meet global climate goals
US Special Presidential Envoy for Climate John Kerry has warned we are not moving fast enough to meet global climate goals.
Nissan unveils £1bn electric vehicle hub to accelerate the journey to carbon neutrality
Nissan has unveiled a £1 billion flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem.
Top 500 Asset Managers report 2021
Covering over €80 trillion of managed assets and 500 global firms, IPE’s annual asset management study offers vital market data and intelligence for those in and around the institutional investment industry.
UK Government confirms coal power phase out will be brought forward to 2024
From 1 October 2024, Great Britain will no longer use coal to generate electricity, a year earlier than planned.
The Carbon Countdown: Road to 2030
Our Carbon Countdown: Road to 2030 white paper looks at the changes needed in our homes, our businesses and our city infrastructures in order to reach a net zero future.
Planet Tracker launches interactive tool to help investors reduce overfishing
Financial think tank Planet Tracker has launched an interactive dashboard to help investors identify how they could finance a recovery of fish stocks, generate higher returns for fishing companies and secure a significant return for themselves.
Mark Carney warns of ‘unfinished business’ in the finance sector at the Climate Innovation Forum
Mark Carney has warned that although the G7 has taken some of the necessary steps in the financial sector, there is still 'unfinished business' to reach net zero.
Drax kickstarts planning process to expand pumped storage hydro station in Scotland
Drax Group has kickstarted the planning process to build a new underground pumped hydro storage power station – more than doubling the electricity generating capacity at its iconic Cruachan facility in Scotland.