China and Russia join push on climate change action
International momentum is building around the race to net zero
The impact of climate change seems to be resonating with the leaders of Russia and China who have committed to significant …
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Senate working group targets corporate governance reform
Four Democrat US senators have formed a working group with the aim of shifting corporate America away from shareholder capitalism.
Elizabeth Warren (Massachusetts), Tom Carper (Delaware), Tammy Baldwin (Wisconsin) and Mark Warner (Virginia) …
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Speed needed on financial impact of climate change disclosure
Asset owners and their managers need to encourage more companies to disclose the financial impact of climate change on their businesses using an internationally recognised code, according to a new report.…
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Government signals drive to boost ESG options for pension funds
UK government pensions minister Guy Opperman has signalled plans to accelerate ESG action for pension funds ahead of the milestone COP26 conference in 2021.
“The government will be making announcements …
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China announces aim to be carbon neutral by 2060
China has pledged to achieve carbon neutrality by 2060 in an ambitious statement by a country that currently burns half the world’s coal.
In perhaps the most significant positive climate development …
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Pension fund investors in the United States may need to prove allocations made under their environmental, social and governance policies are primarily aiming for a financial return should proposed new rules be enacted.
At the end of June, the Department …
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Carney: Data interpretation key to zero carbon transition
Investors must learn how to interpret, and apply, the increasing volume of ESG data if they are to formulate successful strategies to tackle climate change, according to the former Bank of England …
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Santos, one of the largest oil and gas producers in Australia, has suffered a huge revolt by shareholders over its strategy on climate change.
At last week’s annual investor meeting, over 43% of Santos shareholders defied the board and …
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Accountants commit to improve corporate climate disclosure
A group of prominent accounting bodies, representing over 2.5 million accountants globally, have signed an “urgent” call to action pushing the profession to agree standards on climate change.
The 14 bodies and 13 …
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