Climate Change

Green Finance Inquiry

As readers may already know the government has said it is committed to supporting the hugely diverse (and essential) area of  ‘Green Finance’. Part of the process of developing this area involves calling for input in the form of a government inquiry. Written responses were requested for submission by  3 January – they can now be found here. […]

EU HLEG Sustainable Finance consultation response

I eventually finished off and submitted my EU HLEG Sustainable Finance consultation response yesterday, just in time for the ‘High Level Expert Group’s’ first deadline… This is of course a significant and very welcome consultation – however responding to it was by no means an easy task – given its length and complexity (meaning that my response may still benefit from […]

ILP Moneyfacts SRI articles: Climate Risk and Ethical Fund Survey

  This month saw the publication of two SRI/ethical investment articles in ‘Investment Life and Pensions Moneyfacts’ magazine.  One was written by Moneyfacts editor Richard Eagling, the other by myself. See here for the ILP Moneyfacts annual ethical and SRI fund survey – Ethical Funds Survey July 2017 See here for my climate risk article (and in particular […]

NRG – a topsy turvy case study

I have Raj Thamothram of Preventable Surprises to ‘thank’ for bringing this shocker of a story to my attention. In brief – this is a tale of the investment markets rewarding a company for turning its back on green issues and attempting to turn back the clock. There is much to say and many questions to ask – including how […]

HLEG – EU sustainable finance interim report published

The EU has recently published its High Level Expert Group (HLEG) Sustainable Finance interim report. This ambitious and significant report covers issues ranging from financing greener infrastructure to the labelling SRI funds. Although mainly aimed at institutions the implication is that the final recommendations will also impact individual (retail) investors. The EU plans to start implementing changes at the start of 2018 […]

TCFD report final report – managing climate risk

The Task Force on Climate-related Financial Disclosure has today issued its much heralded final report the purpose of which is to establish a framework for company reporting that will enable investors to better assess and manage climate risk. The Financial Stability Board, chaired by Governor of the Bank of England Mark Carney set up the TCFD (Task Force […]

Actuaries issued climate change Risk Alert

Actuaries sent risk warning by professional body (IFoA) regarding material risk of climate change for pension schemes and other clients.