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Canada is falling behind in global race to attract sustainable investments: Guilbeault

Corporate Knights

Canada is lagging in its efforts to drive private capital into sustainable investments to finance solutions on climate change and other environmental challenges. Freeland was attending the Sustainable Finance Forum, which was organized by Liberal MP Ryan Turnbull and featured a half dozen of her cabinet colleagues.

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£1.5 Trillion Investor Group Warns that Uncertainty on Climate Policy Threatens Investment in UK Net Zero Transition

ESG Today

Investors’ willingness to deploy capital to fund the UK’s net zero transition is at risk, as recent policy signals have reduced confidence in the government’s commitments to its climate policies, according to a new letter sent to Prime Minister Sunak by a group of financial institutions managing £1.5

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UK Launches “Green Nudge” Initiative to Encourage Sustainable Investment Choices

ESG Today

The UK government’s Department for Works and Pensions (DWP) announced today the launch of “Green Nudge”, a new three-week trial aimed at encouraging pension savers to make green investment choices and increase engagement on the sustainability of pension investments.

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The incredible shrinking climate ambitions of the world's largest asset managers

Corporate Knights

While most have set net-zero targets, nearly all of the equity fund portfolios that were assessed – some 95% – are “misaligned” with the goal of net-zero emissions by 2050 that much of the world is chasing, as a tipping point in climate appears ever nearer. FinanceMap’s 2023 report analyzed $16.5 s Federated Hermes.

Net Zero 246
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Feds roll out climate requirements for companies that receive big government contracts

Corporate Knights

If companies want to do big business with the Canadian government going forward, they’ll need to prove how green they are. The federal government is pursuing new policies on procurement and low-carbon investment standards aimed at boosting the business prospects for companies committed to net-zero climate plans.

Net Zero 314
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How the US Is Running Away with Green Investment

Chris Hall

In the race to net zero, Victoria Judd, Counsel at Pillsbury Winthrop Shaw Pittman, explains how the US is lapping the UK and EU in stimulating its green economy. trillion of annual global investments may be required to achieve the emissions reduction aims for 2030, with possibly 70% coming from the private sector.

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Solvency II: Roadblocks to Sustainable Investments Remain Despite Reforms

Chris Hall

UK ministers enthuse about the post-Brexit potential to unleash a new wave of green investment, but not everybody is convinced. But Salkeld at ShareAction called for a much more active approach from the authorities to encourage this newly-released money into sustainable investments. “We Balance sheet volatility.