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Major Global Investors Push Companies on Climate Policy
December 14, 2017
A group of 225 major investors, who together control over $26 trillion in assets, have joined the Climate Action 100+ initiative, whose goal is to systematically engage 100 of the world’s top greenhouse gas emitting companies and push them to reduce emissions throughout their supply chains and begin releasing climate-related financial disclosures.
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Environment Ministers Issue Anti-pollution Declaration
December 14, 2017
Member-state environment ministers issued a first-ever declaration at a meeting of the UN Environment Assembly, pledging to combat pollution via a variety of strategies, including by “moving societies towards sustainable lifestyles based on a circular economy [and] promoting fiscal incentives to move markets.”
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Companies Increasingly Adopt Climate-Related Disclosure Guidelines
December 14, 2017
237 companies worldwide have declared their support for the Task Force on Climate-related Financial Disclosures, which has developed a set of voluntary recommendations for companies to disclose information relevant to the future effects of climate change on financial investments.
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OECD Pushes Bank to Cut Carbon Funding
December 13, 2017
According to the website Climate Liability News, the Organisation for Economic Co-operation and Development (OECD) responded favorably to a complaint from four nongovernmental organizations calling on Dutch bank ING to measure and cut its contributions to companies that produce greenhouse gas emissions.
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Paper Seeks Canadian Push on Climate Disclosures
December 08, 2017
A policy brief published by the Centre for International Governance Innovation calls on Canadian authorities to implement the recommendations of the G-20 Task Force on Climate-related Financial Disclosures by requiring companies to include global warming-related risks in their financial disclosures.
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