Financials

Munich RE headquarters
Financials, Sector Focus

Campaigners urge CEOs of 30 major insurers to tighten fossil fuel policies

April 4, 2023
The chief executives of Zurich, Munich Re and other insurance groups should...
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Capital Flows, Financials, Sector Focus

Swiss banks finding loopholes to fund fossil fuel activity, says report

March 28, 2023
Study deems Swiss financial companies ‘complicit’ in funding fossil fuel growth, with...
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wind turbine, ESG
Financials, UK

UK pension schemes could improve climate disclosures, regulator finds

March 27, 2023
A review of selected UK pension schemes’ annual climate reports finds that...
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Financial Conduct Authority head office and logo.
Financials, UK

UK financial regulator demands improvements on ESG benchmarks

March 21, 2023
The FCA has told benchmark administrators that they are failing to correctly...
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Bank of England building
Financials, Policy & Regulation, UK

BoE to assess changes for capital frameworks on climate risk

March 20, 2023
The Bank of England will carry out more work on climate change...
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Financials, Sector Focus

Banks account for greenwashing risk as scrutiny ramps up

March 16, 2023
With increasing fines and regulation against the overstatement of sustainability credentials, the...
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Larry Fink_BlackRock CEO
Capital Flows, Financials, Sector Focus

‘Not the role of BlackRock’ to engineer climate transition, Fink says

15/03/2023
BlackRock chief executive Larry Fink says it is for governments, technology and consumers to set the pace of decarbonisation. The world’s largest asset manager will focus on understanding what decarbonisation... Read more
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Credit Suisse logo, London
Capital Flows, Financials

Credit Suisse climate strategy ‘not fit for purpose’, ShareAction says

15/03/2023
The campaigning group has called on Credit Suisse investors to vote against the bank’s climate strategy at its upcoming annual meeting. Credit Suisse is asking shareholders to support its updated... Read more
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Vanguard logo on smartphone
Financials

Investors accuse Vanguard of violating fiduciary duty over climate risk

08/03/2023
More than 1,400 Vanguard clients have written to urge the asset manager to improve its engagement and prioritise decarbonisation in its proxy voting. Vanguard has been warned that it could... Read more
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Break during board meeting
EU, Financials, Policy & Regulation, UK

Female participation in UK finance more than 30% down since 1997

08/03/2023
New report highlights women's persistent challenges in reaching senior positions and mirrors the findings of similar research across Europe. Analysis from the London Stock Exchange and the Centre for Economics... Read more
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US CAPITOL HILL building
Financials, US

Explainer: The impact of Republicans' anti-woke campaign

06/03/2023
US Republicans are blocking legislation that would allow pension funds to consider ESG factors in their investments and are blacklisting lenders and asset managers that have anti-fossil fuel policies, but... Read more
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