How ‘ordinary’ is the business of climate change?
For climate-related shareholder resolutions to work, they must first pass the ordinary business test
Legal
Biodiversity credit markets: what are next the next steps?
Environment Bank’s Emma Toovey talks about how voluntary markets can avoid the mistakes of the carbon market and why asset owners would buy credits
Should climate investors worry about the European elections?
A rightward drift in the upcoming European elections is unlikely to have a major impact on EU climate policy
Setting a nature price: how does this work in practice?
If the targets set out in the Kunming-Montreal Global Biodiversity Framework are to be realised, investors could soon face some far reaching policy changes
Why we urgently need to reform investor compensation rules to ‘transition away’ from fossil fuels
Anatole Boute, professor at the Chinese University Hong Kong specialising in Energy Law argues that current investor compensation rules do not yet accurately value the cost of the energy transition
Most institutional investors still lack deforestation policy
The amount of capital flowing into deforestation dwarves positive investments, despite the key role forests play in tackling climate change
California’s new climate bill sets precedent for US carbon reporting
The Californian State Legislature has pushed ahead of the Securities and Exchange Commission by passing a bill that forces big companies to disclose their Scope 1, 2 and 3 emissions
Feeling the legal heat: climate litigation doubles in five years
More and more investors and their investee companies face climate-related lawsuits, with American entities leading the pack. What is going on?
Merciless exodus: what do NZIA’s departures mean for decarbonising insurance liabilities?
Insurers have been leaving the Net Zero Asset Owners Alliance (NZIA) in droves. This raises concerns over the carbon footprint of their liabilities
Why net zero policymakers need global solutions
The final part of NZI’s Putting a Price on Pollution series looks at how globalisation and inequality complicate ambitious policies
UK regulator faces legal action over energy firm’s climate risk disclosures
Environmental law firm ClientEarth is suing the UK’s Financial Conduct Authority over alleged lapses in climate disclosures in the prospectus of energy company Ithaca.
Shell facing legal action over oil and gas operations
ClientEarth launches case against Shell directors for ‘failing to move away from fossil fuels fast enough’.
BlackRock retains 7% stake in German firm suing Netherlands over coal phase out
Threat of legal action under Energy Charter Treaty has ‘knock-on effect on the ability of investors to meet their net-zero goals’.
UK government’s Net Zero Strategy ruled unlawful
The high court has ruled that the government’s Net Zero Strategy is unlawful and will have to be revised to show how targets to reduce emissions will be met.
UK government’s ‘inadequate’ net-zero strategy faces scrutiny in court hearing
Non-profit Client Earth’s lawsuit alleges policies fail to reduce emissions enough to meet legally binding carbon budgets, amounting to greenwashing.