norwegian funds climate plan

Norges Bank Investment Management publishes a new 2025 climate action plan and sets targets for net zero emissions by 2050 for all companies in its portfolio. The Norwegian sovereign fund, the largest sovereign fund on the planet – 1.200 billion euros – is raising its environmental objectives and announced earlierContinue…

Valuing Natural Capital

On the 21st of September, the Centre Scientifique de Monaco will participate to the Valuing Natural Capital Conference, a unique collaboration of the United Nations, key researchers from Harvard University’s Department of Economics, the FootPrint Coalition, and the Think Tank Geneva Macro Labs, who will jointly rethink the relation between nature and finance.Continue…

Legal frame for Impact

July this year marked one year since the publication of ground-breaking legal analysis that is supporting investors as they advance their practice towards investing for sustainability impact. A Legal Framework for Impact (LFI), a report authored by Freshfields Bruckhaus Deringer and commissioned by the Principles for Responsible Investment (PRI), the Generation Foundation and the United Nations EnvironmentContinue…

European ESG investors

PwC Luxembourg launchs a new interactive ESG dashboard dedicated to supporting European Asset Managers to expand their ESG operations and gain an accurate view of investor demand and market developments. With the release of its European ESG interactive dashboard, PwC underlines various key findings and investors’ considerations : Forecasts European-domiciledContinue…

financial institutions

Lessons learned from the existing analyses and practices of financial institutions, credit rating agencies and supervisors. NGFS report finds focus is shifting to forward-looking tools The period between 2020 and 2030 is a critical decade in determining the trajectory towards net zero. The Intergovernmental Panel on Climate Change’s sixth assessmentContinue…

IFAC calls on “integrated mindset” leaders

New International Federation of Accountants (IFAC) initiative highlights the critical role of CFOs and finance functions in enabling an integrated mindset. Functional and information silos within organizations are barriers to delivering high-quality sustainability-related information, which is necessary for decision making and trustworthy corporate reporting. Boards and CEOs are turning to CFOsContinue…

Basel climate-related financial risks

Basel Committee issues principles for the effective management and supervision of climate-related financial risks that seek to improve banks’ risk management and supervisors’ practices. The publication of the principles is part of the Committee’s holistic approach to addressing climate-related financial risks to the global banking system. The Basel Committee onContinue…