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.
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.
The FT launches Climate Capital: The go-to hub for climate change coverage
The Financial Times has launched Climate Capital, a new hub that draws on the FT’s international editorial network, as well as video, audio and data teams, to cover this all-important theme.
Third of UK’s biggest companies have now signed up to UN’s Race to Zero
Almost 1 in 3 of the UK’s largest businesses are leading the way in the world’s transition to a low carbon economy, committing to align with UK government ambitions and eliminate their contribution to climate change by 2050.
Net Zero Asset Managers initiative triples in assets under management with addition of 43 new firms
The Net Zero Asset Managers initiative now has a total 73 signatories representing $32 trillion in assets under management (AUM), 36 per cent of the global total.
Survey: More than 50% of UK CEOs plan to increase their investment in sustainability
One year into the COVID-19 pandemic, PwC has released its 24th Annual Global CEO Survey.
One fifth of the world’s largest companies have set net zero targets
According to a new report by the Energy and Climate Intelligence Unit (ECIU) and Oxford Net Zero, 21% of the world’s 2,000 largest public companies now have net zero commitments.
Greenwashing versus sincere CSR strategy – recognizing the differences
At a time when activist fund campaigns are gaining in popularity, it is worthwhile asking a few questions about the goals of this new kind of shareholder.
UK on track to miss legal targets for toxic pollution
The UK Government is set to miss the legal targets for four out of the five pollutants covered by a crucial piece of clean air law, according to new government data.
Anticipating climate change risks on sovereign bonds
How could sovereign bonds be affected by climate change risks? Focusing on assessing the macroeconomic impacts related to climate change, FTSE Russell Research delve into two “worst case” scenarios.
UK Government invests £20 million to develop innovations for green shipping
The £20 million investment launched by the UK Government will be used to develop innovative zero emission vessels and clean port infrastructure.
UK Government announces ambitious blueprint to create green jobs and reduce emissions
An ambitious blueprint announced by the Business and Energy Secretary aims to deliver the world’s first low-carbon industrial sector, with over £1 billion allocated to cut emissions from industry, schools and hospitals
HSBC and IFC green bond fund raises $538M
HSBC Asset Management and IFC have announced the final closing of the HSBC Real Economy Green Investment Opportunity GEM Bond Fund (REGIO), boosting access to climate finance and helping further develop the market for green bonds.