Fund EcoMarket
the sustainable, responsible and ethical investment information hub
the sustainable, responsible and ethical investment information hub
September 30th, 2018
The Bank of England has taken a leadership position on climate change for a number of years.
Governor Mark Carney’s ‘Tragedy of the horizons’ speech in 2015 set the scene for how the Bank viewed the issue of climate risk.
Their subsequent work on the FSB TCFD framework has put climate change on the agenda for many companies… and looks set to be increasingly important.
In September 2018 the regulatory arm of the Bank, the PRA, published a new paper Transition in thinking: The impact of climate change on the UK banking sector.
Further information about the Bank’s climate-related work can be found in the Quarterly Bulletin article on the Bank’s response to climate change, or on the Bank’s climate change page
London Climate Week event on 28 & 29 June I happily agreed to become involved with a major London Climate Week event run by Reset Connect some time ago. The event is now only two weeks away. I did so mostly because I am always keen to help and encourage intermediaries to learn about climate issues […]
Earlier this week I set out my initial response to HSBC’s head of Responsible Investment – Stuart Kirk’s – extraordinary presentation on climate risk (see blog linked below). In the interest of understanding different points of view – here is a collection of articles and opinions about his speech that we believe are relevant to […]
…and has now been rightly suspended by HSBC. There is so much to say on this story, but let me start by saying I have no desire to ‘bash’ HSBC. Big banks are imperfect and have, in my view, propped up the fossil fuel industry for far too long – but that is not what […]