Banking Climate Change Divestment Global Economy 
ESG Today
OCTOBER 19, 2023
The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced today the issuance of a set of consultation papers with proposed guidelines on net zero transition planning for financial institutions, including banks, insurers and asset managers.
3BL Media
SEPTEMBER 29, 2023
For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. For example, they can engage with their portfolio companies to support emission reduction targets in line with climate science.
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Chris Hall
OCTOBER 18, 2023
The Alliance counts French insurer AXA Group, Nordic bank Nordea and UK-based financial services company Legal & General among its membership. Among these, 69 members have set intermediate climate targets in line with the Alliance’s Target-Setting Protocol , amounting to US$8.4 trillion in AUM.
Chris Hall
APRIL 19, 2024
As global momentum builds behind transition planning, Mark Manning, Senior Visiting Fellow at the London School of Economics, makes the case for a systemic response to the challenges of climate change. Arguably, we need to be thinking about transition planning as a system response to the challenges of climate change.”
3BL Media
SEPTEMBER 29, 2023
They can also serve as safeguards to verify that the reduction of emissions in their portfolios corresponds to actual emissions reductions in the real world, rather than being achieved solely through divestment from high-emitting assets. The final report will be published by COP28.
Chris Hall
NOVEMBER 9, 2022
At COP26, the Glasgow Financial Alliance for Net Zero ( GFANZ ) declared a sector-wide commitment of US$130 trillion – a number that has increased over the year to US$150 trillion – of private capital to transition the global economy to net-zero greenhouse gas emissions. Engagement ring. There are choices,” said Cabanis.
Chris Hall
FEBRUARY 15, 2023
Pension funds are confronted with immense pressures such as meeting their liabilities, managing deficits, navigating turbulent global economies, and coping with growing regulatory burdens. billion of inflows the previous quarter, according to investment bank Jeffries, which says the US anti-ESG backlash is a key driver of this.
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