
In-Brief


Sweden in shock as pension giant Alecta loses $1bn following SVB collapse
Sweden-based pension giant Alecta has admitted it may lose more than $1 billion after the collapse of the Silicon Valley Bank (SVB) and the Signature financial institution.

Cement industry calls on startups to join net zero race
Startups in the UK and across the world are urged to join the global cement and concrete industry to develop new materials and ingredients for low carbon concrete.



Pension funds should ignite nature-positive investment, says Scottish Widows
Pension funds can lead the way on critical investment to protect nature and wildlife, the company argues in a new study

Mafalda Duarte appointed as new chief of $42bn Green Climate Fund
Following a global recruitment process, the board made the selection during its thirty-fifth meeting

Aviva Investors lures insider from Aldersgate for new climate policy role
Aviva Investors has announced it has appointed Nick Molho as the firm's head of climate policy in a newly-created role

US government greenlights £6.6bn Willow oil and gas project in Alaska
US President Joe Biden has signed off on a controversial oil and gas drilling project in the state of Alaska, known as the Willow Project.

Renewables boost: Longi to invest $6.7bn to build world’s largest solar factory
Top clean energy equipment manufacturer Longi Green Energy Technology has confirmed plans to spend just over $6.7 billion in order to build the world's largest solar factory.


Turbocharge competitiveness or net zero investors will flee, car industry warns
The auto industry urges the UK government to get behind £67 billion automotive sector and pitch positively to the world to win green growth, jobs and prosperity

Hundreds of asset owners to pressure 15,000 corporates to disclose hard numbers
NZI was told 750 investors plan to pressure about 15,000 companies to release more climate-impact data

Shareholder revolt looms for Cenovus and Enbridge over fossil fuels
Shareholders at energy firms' Cenovus and Enbridge plan to vote on proposals regarding the two companies' lobbying practices, it has emerged.

CCC backs energy sector’s call for bolder action on decarbonisation
The Climate Change Committee has published a report calling for swifter action on decarbonisation.