Climate change

Nuns tell Citi to repent on indigenous rights issues as they mount shareholder revolt

Citi is facing heat over its policies towards indigenous peoples

Shareholder battle between Citi and the Sisters of St Joseph of Peace heats up

3 min read

Climate Action 100+ has seen a string of US fund managers exit in the last week

Abrdn, LGIM, Schroders stick by climate coalition after US heavyweights exit

Growing divide between European and US fund groups as anti-ESG backlash ramps up

6 min read

'Understanding what's happening on the private and public side... gives you a little bit of a competitive advantage,' Redwheel CEO Tord Stallvik says

Redwheel pushes into private markets with climate tech venture fund launch

Boutique asset manager partners with Turquoise to target growth-stage UK companies

3 min read

Make sure to follow FN's ESG coverage as we prepare to take on COP28

COP28 countdown: Sign up to get FN’s coverage

Sign up to FN's sustainable finance newsletter now for the lowdown on a critical climate summit

1 min read

Iancu Daramus, head of sustainability at Fulcrum, said the £6.6bn London-based boutique manager has built an LTAF that is 'sustainability heavy'

Fulcrum plans ‘sustainability heavy’ LTAF

Aviva Investors, Schroders and BlackRock are among the firms to launch this new type of open-ended fund, designed to invest in less liquid assets

3 min read

In private, some business leaders may have had some sympathy for Rishi Sunak

Sunak may have made a U-turn, but he was right about net-zero honesty

Cheerful deceit is the right approach for politicians and regulators but it is surely very dangerous for companies

4 min read

Aviva Investors’ chief responsible investment officer Steve Waygood, pictured, is hopeful controversial COP28 president Sultan Al Jaber might be able to navigate a more 'market savvy' outcome

Aviva’s Steve Waygood: 1.5°C world ‘no longer a possible outcome’

One of FN's Most Influential in Sustainable Finance says the bar is 'higher than normal' heading into COP28, with the UAE hosting and a global progress review looming

3 min read

Overlapping reporting frameworks are a problem plaguing investors, says Lisa Beauvilain, global head of sustainability and stewardship at Impax

Impax sustainability boss warns of climate ‘blind spot’ for investors

Companies are keeping quiet on geolocation data, making it harder to assess their climate risk

Planet Tracker report highlights 'systematic failure' to tackle emissions

Unilever, Procter & Gamble in danger of missing net-zero targets

Investors warned to be wary of climate claims

Hortense Bioy, Morningstar's director of sustainability research, thinks there may be 'some room for greenwashing' in the FCA's sustainable improvers category

Transition funds set for lift-off despite greenwashing warnings

In the absence of regulation, transition finance is like '50 shades of green', with asset managers coming up with their own varying interpretations

The first batch of 19 EY employees receive their Master's in Sustainability degree in a ceremony in the metaverse on 27 June

How an ESG degree in the metaverse helped me become EY’s global sustainability exec

Big Four firm says its employees are increasingly demanding opportunities for upskilling in sustainability

More banks support the Principles for Responsible Banking in the UK than in any other global financial centre

Why the City can’t miss the £1tn opportunity in a shift to net zero

The City is a powerhouse of talent, financial resources, innovation and entrepreneurship, plus has a proven ability to deliver

3 min read

In 2021, Prime Minister Rishi Sunak, who was then chancellor, announced companies listed on the London Stock Exchange, as well as regulated asset managers and owners would be required to set out net-zero aligned plans by 2023

Dreams of UK green finance hub dashed as companies fail to set credible net-zero targets

Just one in 40 large UK companies is adopting 'gold standard' net-zero targets

3 min read

'Past failures to manage risk adequately have led to the difficult position it is in today,' the NGO says

Shareholders urged to vote against Credit Suisse’s climate policy

Despite setting new targets for cutting emissions, Credit Suisse still has one of the weakest oil and gas policies among the European banks, according to ShareAction

3 min read

The pivotal role private investment must play in righting financial markets was also echoed by BlackRock’s chief executive Larry Fink

Davos Day 2: Idris Elba, a brush with Larry Fink and a chance dinner invite

Financial News' on-the-ground coverage of the major happenings at the World Economic Forum in Davos

4 min read