Net Zero and ESG
Net zero represents a dynamic balance of carbon dioxide emissions and absorption and is the climate goal for many jurisdictions by 2050. To slow global warming, the financial industry needs to play a role in net zero financing.
The Glasgow Net Zero Financial Alliance is the world’s largest net zero organization. It includes multiple net zero alliances in the banking, insurance and asset management industries. It aims to encourage the financial industry to provide the necessary financing for companies’ net zero transition.
United Nations Environment Program Launches Forum for Insurance Transition to Net Zero
UNEP launches the Forum for Insurance Transition to Net Zero to support net zero transition in insurance industry
MSCI Releases Global Net Zero Tracker Report
The MSCI Sustainability Institute releases the Global Net Zero Tracker Report to analyze the net zero progress of listed companies
Asian Investor Group on Climate Change Releases Net Zero Investment Report
The Asia Investor Group on Climate Change releases a net zero investment report to analyze the development of net zero in Asia
Morningstar Launches Low Carbon Transition Leaders Indexes
Morningstar launches the Low Carbon Transition Leaders Indexes to help investors allocate funds to companies leading transition
Net Zero Banking Alliance Releases New Guidelines for Climate Target Setting
The Net Zero Banking Alliance releases new guidelines for climate target setting, aiming to strengthen the banking industry’s climate commitment
International Capital Market Association Releases Report on Transition Finance in Bond Market
The International Capital Market Association releases a report on transition finance in bond market
ECB Releases Banking Transition Risk Report
The European Central Bank releases a banking transition risk report
CDP Releases Position Paper on Carbon Credits
The international research institution CDP releases a position paper on carbon credits