Net Zero

Capital requirements not the best tool for addressing climate change, says chief of UK prudential regulator, as UK central bank publishes second-round results of pioneering climate stress test.

The Australian Sustainable Finance Initiative also announces search for consultants to assist taxonomy efforts, as investor groups welcome new Aussie prime minister's climate shift.

The latest developments in sustainable finance: Wells Fargo criticised in New York Times investigation; Say on Pay votes receive lowest level of median investor support at S&P 500.

Dutch investor duo takes over from CofE, USS and Robeco as chief engagers as part of investor engagement body.

Exxon Mobil, Saudi Aramco, BP, Gazprom, Repsol, Royal Dutch Shell, Santos and TotalEnergies amongst recipients of Tuesday's letter.

Californian pension giant opposes oil major’s public policy and sustainability committee for 'failing to adequately respond' to engagement.

'You see legislators tying themselves in knots in writing these laws that don’t make sense,' says one market participant.

The latest developments in sustainable finance: UK launches consultation on green strategy; NGOs warn against Musk Twitter takeover; NYC focuses on board diversity.

Support for Paris-aligned targets at BP falls, as signs emerge that investors are following BlackRock's lead in shying away from more 'prescriptive' climate proposals.

The latest developments in sustainable finance: Most pension funds 'do not believe net-zero commitments are achievable', UK government plans legislation to block Israel boycotts.