Investors are increasingly interested in incorporating environmental, social and governance (ESG) considerations into their portfolios — including in policy benchmarks. Yet the ongoing lack of ESG market infrastructure means that not all ESG indices are created equally. In this paper, we examine the Bloomberg SASB ESG Index family as a case study of key considerations facing investors interested in ESG indices.
The Climate Innovation Virtual Forum, in collaboration with London Climate Action Week, convened more than 3,000 participants to shape the debate for a green recovery.
Investment giant Legal & General announces plans to make all of its new housing “operational net zero carbon enabled” by 2030.
Temperatures of up to 40C could become ‘normal’ in the UK by 2100 if carbon emissions continue to stay high, says the Met Office.
As the opportunity to keep global warming below 2°C, thereby avoiding the worst consequences of climate change, is fast diminishing, national and local governments around the world have declared a climate emergency.
Bp has announced it has sold its global petrochemicals business to INEOS as part of its strategy to reinvent the company.
Enso Energy and Macquarie’s Green Investment Group (GIG) have announced they have joined forces to develop an extensive network of solar and battery projects across the UK.
James Close, Head of the Circular London Programme at the London Waste and Recycling Board, on the importance of London Climate Action Week: Digital and the Climate Innovation Virtual Forum.
The popularity of ESG investment strategies has only increased during the COVID-19 pandemic and we expect this trend to continue. In particular, we will see an increasing focus on climate and green bond investing as investors seek to mitigate climate risks and have a positive real-world impact.
The Committee on Climate Change (CCC) says that ministers must seize the opportunity to tackle climate change by implementing adequate schemes in the governments COVID-19 economic recovery scheme.
Government grants will contribute to the recovery of the automotive sector and the UK economy, cutting carbon emissions, and safeguarding more than 14,000 jobs.
Amazon has announced a $2 billion Climate Pledge Fund in order to support green energy developments to fight climate change.
More than ever, investors recognize the risks and opportunities associated with the low carbon transition and are incorporating a wider set of considerations, including carbon, green revenues and ESG assessments into their decision making.
An overwhelming majority of Climate Assembly UK members say Government, employers and others should support changes to the economy and lifestyles which help achieve the UK’s net zero emissions target.
The UK’s offshore oil and gas industry has committed to halving operational emissions in the next decade.
July marks the return of London Climate Action Week and the 2nd edition of the Climate Innovation Forum - the largest multi-stakeholder platform designed to advance the UK’s low carbon economy.
The John Lewis Partnership announced yesterday plans for a biomethane gas filling station, as the retail giant steps up its commitment to reducing carbon emissions.
When it comes to data about a company’s ESG practices there are significant barriers to quality. Currently, governments around the world don’t require firms to report on most ESG data. Companies are left to determine for themselves which ESG factors are material to their business performance and what information to disclose. To address these issues, State Street Global Advisors has built its own scoring system, R-Factor.
The International Energy Agency (IEA) has presented a Sustainable Recovery Plan focusing on a series of actions that can be taken over the next three years to revitalise economies and boost employment.
UK Government set a new target to make transatlantic flights sustainable in 'greener restart' for aviation sector.