While the energy transition is facing political backlash, transitioning the UK economy to net zero is likely to be significantly cheaper than a single fossil fuel price shock argues Nigel Topping, chair of the UK’s Climate Change Committee.
The UNEP’s confirmation makes a disorderly transition more likely, experts warn
The superannuation investor says 2026 disclosures suggest Macquarie is abandoning its pledge to reduce fossil fuel financing
The EU could allow firms actively expanding oil and gas exploration to be included in new transition funds amid lobbying from the fossil fuel industry
The COP31 action agenda suggests renewables-backed electrification is emerging as a priority
Global banks have ramped up funding for new fossil fuel sites last year, with US banks in particular doubling down while European banks scaled back on fossil fuel finance, new research shows
More than 50 governments, including key fossil fuel producers such as Canada, Brazil, Norway, Colombia and Nigeria, have gathered in Santa Marta, Colombia, over the past five days with the aim of setting out a clearer roadmap for fossil fuel phaseouts
Scotiabank and RBC have withdrawn interim emissions reduction targets, with the former also retiring its 2050 net zero goal
New tools, data and analysis link sovereign bond performance to climate resilience
Exclusion criteria for sustainable funds will put asset manager claims under pressure, new research shows
Anglo American has made a first attempt at setting out its transition strategy, ahead of a planned merger, but analysts criticise the mining giant's lower ambitions
The Net Zero Asset Managers initiative has formally confirmed its relaunch, with British, European and Australasian managers now dominating the network
Brunel, one of the UK's LGPS pools faces being wound down. Faith Ward, chief responsible investment officer reflects on the pool’s key achievements and urges other LGPS investors to continue the legacy on responsible investing
A coalition of 42 asset owners have backed NZAM’s commitment statement, calling on asset managers to follow suit