Sector Focus
April 4, 2023
Nike hit by human rights shareholder resolution
Investment activist Tulipshare is urging multinational sportswear group Nike to include specific contract clauses imposing human rights due diligence within its supply chain. US-based sportswear...
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April 4, 2023
Campaigners urge CEOs of 30 major insurers to tighten fossil fuel policies
The chief executives of Zurich, Munich Re and other insurance groups should close “numerous loopholes in policies and standards" that allow the continuous underwriting of...
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April 4, 2023
Energy majors fall short on renewables investment
Less than a quarter of 2022 capex by each major was committed to renewable energy, according to a Reclaim Finance study. The world’s largest producers...
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March 30, 2023
Kenya carbon offsetting project has ‘serious failings’, report finds
As part of its “Blood Carbon” campaign, human rights group Survival International has alleged in a report that a soil carbon project in Kenya does “not...
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March 28, 2023
Poor data is stalling UK agriculture’s net zero drive, report warns
A government-commissioned study has called for better access to information and warns about a lack of guidance for farmers. A group commissioned by the Department...
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March 28, 2023
Swiss banks finding loopholes to fund fossil fuel activity, says report
Study deems Swiss financial companies ‘complicit’ in funding fossil fuel growth, with UBS likely to become a European giant in the area following its acquisition...
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March 27, 2023
UK pension schemes could improve climate disclosures, regulator finds
A review of selected UK pension schemes’ annual climate reports finds that more could be done, as funds come to terms with new regulations on climate-related risk. The Pensions Regulator...
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March 27, 2023
Explainer: The future of clean hydrogen in the US
The adoption of clean hydrogen in the US has been given a much-needed boost by the Inflation Reduction Act. While a considerable number of projects have been announced, there is...
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March 24, 2023
Chemical companies urged to present ‘credible’ decarbonisation plans
A coalition including Amundi and other asset managers is calling on some of Europe’s largest chemical companies to electrify production and set Scope 3 targets aligned with the Paris Agreement...
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March 21, 2023
UK financial regulator demands improvements on ESG benchmarks
The FCA has told benchmark administrators that they are failing to correctly implement ESG benchmarks’ methodologies. The Financial Conduct Authority has written to ESG benchmark administrators about the lack of...
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March 20, 2023
Policymakers tackle permitting bottlenecks in wind
Governments and policymakers in the UK and Europe have heeded the wind industry’s calls to reduce permitting bottlenecks, yet concerns persist over grid connections and supply chain problems amid ambitious...
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