Finance Source:

UK’s biggest private pension fund to shift £5bn away from polluters

Exclusive: climate tilt by USS will immediately reduce emissions associated with its holdings by 30% The UK’s biggest private pension fund will move £5bn of its investment in equities to an index avoiding the worst polluters, in a move that will immediately reduce the carbon emissions associated with the shareholdings by 30%. The... go to Article >

'An atlas of human suffering': Top figures react to IPPC's latest climate warning

87 Days ago Finance Source:

Business leaders, economists, politicians, climate experts, green groups and more react to yet another dire warning from climate scientists Thousands of world's leading climate scientists, after over three years of work,... read more

Passive funds pose a major threat to the net zero transition and economic stability

43 Days ago Finance Source:

In an era of 'asset manager capitalism', passive funds are undermining fossil fuel divestment progress by propping up polluting industries falling out of favour from active investors, writes Common Wealth's Chris Enders... read more

Spring Statement: The green economy reacts

64 Days ago Finance Source:

BusinessGreen rounds up all the reaction from the green economy to the Chancellor's mini-budget This afternoon, Chancellor Rishi Sunak unveiled the government's three-point plan to protect households from soaring energy... read more

Timber, carbon offsets and ESG: Why investors are piling into the UK forestry market

128 Days ago Finance Source:

Land and property values for forestry and afforestation have skyrocketed over the past couple of years - could this unlock much needed investment in nature restoration? The UK forestry market is positively booming.... read more

Shadow Minister Says Labour Is 'The Party Of Business' In Latest Break From Corbyn Era

92 Days ago News Source:

A shadow minister has declared Labour is “the party of business” as it continues to make a clean break from the Jeremy Corbyn era. Bill Esterson told HuffPost UK it was possible to be the party of entrepreneurs as well as the party of workers.... read more

"We will be holding companies accountable": How top investors are toughening their line on net zero pledges

122 Days ago Finance Source:

Aviva Investors and BMO Global Asset Management are the latest big investment firms to ramp up pressure on corporates to strengthen their climate strategies Environmental campaigners may remain sceptical over the... read more