Australian Ethical flags climate conflict of interest ahead of QBE Insurance AGM
A resolution co-filed by the superannuation manager says incoming chair Yasmin Allen served on QBE and Santos boards when fossil fuel financing policy was updated
Disclosures
Mind the gap: more than half of the world’s largest emitters fail to disclose their green capex
New data highlights transition investment disclosure gap in hard-to-abate sectors
Scotiabank, RBC retire 2030 emissions targets in climate strategy overhaul
Scotiabank and RBC have withdrawn interim emissions reduction targets, with the former also retiring its 2050 net zero goal
European investors push for “clearer guardrails” as standard-setter looks to overhaul reporting rules
A coalition of European investors has welcomed plans to overhaul emissions reporting rules, arguing that the current framework is no longer fit for purpose
ECB imposes €7.6m penalty on Crédit Agricole for insufficient climate risk assessments
The bank says the penalty – linked to a temporary infringement – does not reflect its climate commitments
Climate investing gap among Canadian pension giants is widening, campaigners warn
The gap in climate ambitions among Canadian pension funds is widening, with some funds leading the way while others lag behind, according to new research
From footnote to headline: ISSB pushes for methane disclosures
The ISSB’s proposed amendments to sector-specific standards include a push for additional methane disclosures from oil and gas companies. Moving methane beyond its ‘CO2-equivalent’ tag, could shape investment opportunities for abatement
SFDR 2.0: European Commission sets out proposal to revamp sustainable fund labels
The EU is planning the most significant overhaul of fund labelling since the introduction of SFDR, key changes include a separate category for transition funds, PAI reforms and the exclusion of financial advisers from SFDR
‘Wrong signal’: watering down Omnibus criticised
The European Parliament’s new negotiating position contradicts investor demands to protect CSRD and CSDDD
COP30: UN climate chief predicts first drop in emissions as renewables scale up
In his update to COP30 delegates, Simon Stiell points to cleaner energy generation as a key reason global emissions are beginning to fall
SBTi : net zero standard aimed at ‘sweet spot between climate science and business reality’
The second draft corporate net zero standard is open for public consultation until 8th December
2025 proxy season: sharp fall in significant resolutions as US-Europe gap persists
Investor support for shareholder resolutions has dropped markedly, with the gap between US and European asset managers remaining wide according to Morningstar’s latest Proxy Voting report.
Three quarters of global LPs embed climate risk in private markets mandates
Large institutional investors are increasingly requiring private markets managers to integrate climate risk into their investment processes, amid a growing push for transparency in a once opaque market
Some positive news on emissions reporting: a more edifying counter-example
In this third instalment of a series examining the flaws in emissions reporting, Elizabeth Carey, an independent adviser to the LGPS, highlights an unexpected positive example of corporate emissions disclosure