News & Analysis as of

Climate Change Investment Portfolios

Akin Gump Strauss Hauer & Feld LLP

COP28 – December 9-10, 2023 Recap

COP28 President Sultan Al-Jaber convened a small group discussion on Sunday to discuss outstanding issues on adaptation and equitable transitions ahead of updated draft texts. A new round of draft texts is expected on Monday...more

BCLP

Insight Report 2 - From Green Intention to Action

BCLP on

Although investors clearly recognize the Real Estate Investment Imperative and almost all firms are making efforts to reduce the energy intensity of their property portfolio, our global study reveals that only 45% of real...more

Cadwalader, Wickersham & Taft LLP

Republican AGs Probe Insurers’ Participation in Industry Climate Groups

On May 15, 2023, twenty-three Republican state attorneys general (AGs) sent a letter to members of the Net-Zero Insurance Alliance (NZIA) expressing “serious concerns” about whether the NZIA’s requirements comply with federal...more

Cadwalader, Wickersham & Taft LLP

Climate Change Could Prompt Insurers To Drop Business Lines and Alter Investment Portfolios

In April 2023, Goldman Sachs Asset Management (GSAM) published its 12th annual insurance survey, which not surprisingly includes findings that the industry continues to be focused on the potential impact of climate change....more

Cadwalader, Wickersham & Taft LLP

ECB Issues First Reports on Climate Impact of Portfolios

The European Central Bank (ECB) has published its first climate-related financial disclosures. The disclosures provide information on ECB portfolios, including detailing their carbon footprints and exposure to climate risks,...more

Cadwalader, Wickersham & Taft LLP

Investor Group Launches Plan to Boost Corporate Climate Engagement

The Institutional Investors Group on Climate Change (IIGCC), a European membership body for investor collaboration on climate change, announced the launch of its Net Zero Engagement Initiative (NZEI). A primary goal of the...more

Cadwalader, Wickersham & Taft LLP

Climate Action 100+ Announces New Iteration of Benchmarking Program

Climate Action 100+, a climate-focused investor initiative, last month announced an updated framework designed to help investors assess and engage with public companies on climate-related issues. Its March 23 statement...more

Cadwalader, Wickersham & Taft LLP

Green Banks Express Frustration After Net-Zero Banking Alliance Declines to Impose Restrictions on Fossil-Fuel Financing

The Net-Zero Banking Alliance (“NZBA”), the UN-led coalition of global banks “committed to aligning their lending investment portfolios with net-zero emissions by 2050,” is facing backlash from certain sustainability-focused...more

Goulston & Storrs PC

Trust Administration and Estate Planning in the Age of Climate Change

Goulston & Storrs PC on

A recent foreboding report by the UN’s Intergovernmental Panel on Climate Change offers warnings to policy makers and others about dire consequences that have and will continue to arise due to rapid climate change. Rising...more

Orrick, Herrington & Sutcliffe LLP

Fed announces climate scenario exercises

On January 17, the Federal Reserve Board provided additional details regarding its upcoming pilot climate scenario analysis exercise and the information on risk management practices that will be gathered from the program. ...more

Jones Day

Landmark Settlement of Lawsuit Against Australian Superannuation Fund Over Climate Change Risks

Jones Day on

A major superannuation fund has promised to enhance its management of climate change risks, disclose to members how those risks are addressed and align its investment portfolios to net-zero emissions by 2050. In mid-2018,...more

Foley Hoag LLP

ERISA Fiduciaries May Factor Climate Change Issues Into Economic Analysis of Investments

Foley Hoag LLP on

New guidance from the US Department of Labor (“DOL”) clarifies the role of environmental, social and governance issues (referred to as “ESG factors”) in investment decisions by ERISA fiduciaries. ERISA Interpretive Bulletin...more

Foley Hoag LLP - Environmental Law

Does the Impact of Climate Change on Financial Markets Have Anything In Common with Same-Sex Marriage?

A few months ago, I asked whether climate change nuisance and public trust litigation might have something in common with litigation challenging bans on same-sex marriage. The idea was that both types of litigation seemed...more

13 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide