19 December 2023Banking, Climate Change, Impact Centre, Insurance, Investment, Nature, News, Policy, Pollution & Circular Economy, Social
News
Calling civil society groups to join Principles for Responsible Banking advisory body
Principles for Responsible Banking is first finance sector initiative to put into practice signatories’ commitments to robust accountability and broad…
Global Roundtable Day 2: From sustainable finance market practice to regulatory horizons
UNEP FI kicked off Day 2 of its Global Roundtable with another day full of high-level keynotes, plenaries, regional focused…
Reuters: The finance sector must go beyond business as usual to solve the biodiversity loss crisis
Eric Usher of the UN Environment Programme Finance Initiative and Corli Pretorius of the UN Environment Programme World Conservation Monitoring Centre say banks should urgently set targets for financing the protection of nature in the critical next decade in the same way that many have set climate targets
UNEP FI in the Guardian: Top asset owners commit to big carbon emissions cuts
Thirty of the world’s largest asset owners, with portfolios worth a combined $5tn (£3.8tn), have committed to cutting the carbon emissions linked to companies they invest in by up to 29% within the next four years. Members of the UN-backed Net-Zero Asset Owner Alliance – which includes Aviva, the Church of England and the $400bn US fund CalPERS – will each set decarbonisation targets for 2025 as part of wider efforts to align their portfolios with the Paris climate goals and achieve net-zero emissions by 2050.
UNEP FI in the Guardian: Mark Carney says banks should link executive pay to Paris climate goals
Former Bank of England governor Mark Carney has said banks should link executive pay to climate risk management, as part of efforts to align the finance industry with Paris climate goals. Speaking at the UN Environment Programme Finance Initiative roundtable on Tuesday, the former central bank boss said lenders should – at the very least – be transparent over whether or not pay is being tied to climate targets.
Stellar Speakers and New Launches at Day 1 of UNEP FI’s Global Roundtable
UNEP FI saw more than 2500 participants join Day 1 of its 16th Global Roundtable, held virtually for the first…
Driving the shift to circular economies: new report on role of finance industry
Financial institutions can and must make the shift to circularity, ensuring the consumption and production patterns of the businesses they…
Net-Zero Asset Owner Alliance sets unprecedented 5-year portfolio decarbonization targets
Thirty of the world’s largest investors with $5 trillion assets under management have collectively agreed on concrete portfolio decarbonization targets…
UK’s largest company pension BT Pension Scheme is 30th Net-Zero Asset Owner Alliance member
BT Pension Scheme (BT PS), the UK’s largest company pension scheme, today becomes the thirtieth member of the UN-convened Net-Zero…
European Commission appoints Platform on Sustainable Finance, includes UNEP FI
The European Commission published today the list of members of the Platform on Sustainable Finance, which includes UNEP FI. The Platform…
