Sector Focus
January 26, 2023
Gfanz hits back at activist energy financing report
Gfanz contests the findings of a report by the Bank On Our Future network that claims members of the alliance provide less financing for renewable...
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January 25, 2023
Demand for ESG expertise reveals ‘competence greenwashing’ risk
The recruitment drive for corporate sustainability and ESG experts has highlighted concerns about candidates misrepresenting their competence and experience in the field. The challenges in...
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January 24, 2023
UK should introduce green farming subsidies, says think-tank
Farming reforms that ‘balance food, nature and climate action’ and include fairer financial support are the best solution out of five possible scenarios, says Green...
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January 23, 2023
Indian financial sector falling behind country’s climate ambitions, says study
A new report finds that India’s major financial institutions have limited understanding of environmental issues such as greenhouse gas emissions or transition risks. Indian financial...
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January 23, 2023
Explainer: What you need to know about fusion energy
A recent scientific breakthrough finally made clean energy via nuclear fusion a real possibility – but it is one that will take considerable time and...
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January 19, 2023
Battery industry inches towards better sustainability with launch of passport
The Global Battery Alliance says its initiative can track the environmental and social footprint of batteries – but more work needs to be done, especially on...
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January 18, 2023
Gfanz slammed for continuing to support fossil fuel expansion
A report by Reclaim Finance calls on Glasgow Financial Alliance for Net Zero members to withdraw investment for expanding fossil fuel companies, calling some past commitments "meaningless". Campaigners have criticised...
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January 17, 2023
What will 2023 hold for climate activism?
Climate campaigning reached feverish levels in 2022. Viral videos of motorway and bridge obstructions – orange vests, arms locked – attracted solidarity from some quarters and alienated others. “We quit,” announced...
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January 17, 2023
World’s biggest asset managers accused of blocking ESG shareholder proposals
Non-profit ShareAction says lack of support by BlackRock and other major firms has stymied investors’ environmental and social ambitions. The world’s largest asset managers have been accused of obstructing shareholder...
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January 16, 2023
Natural catastrophes drive up reinsurance premium rates
Reinsurers are being forced to increase premium rates, invest in modelling and re-evaluate where they conduct their business as a consequence of the increasing frequency of severe weather events. A...
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January 10, 2023
UK proposes lower emissions limit for new oil and gas plants from 2034
The UK government has opened a consultation into its ‘capacity market’, with the aim of improving energy security and spurring investment to reach net zero. The UK Department for Business,...
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