UK insurer Legal & General is to cease publishing quarterly reports, as it looks to take advantage of rule changes affecting listed companies. Instead, the company said its board had opted for a policy of “timely and frequent updates”. L&G’s own investment management firm – Legal & General Investment Management – has itself written to […]
The Swedish Investment Fund Association (Fondbolagens Förening) has lent its support to proposals that would pressure companies to better identify their commitment to sustainability. The response comes to an ongoing consultation aimed at updating the company reporting code in Sweden. Currently many companies follow GRI (Global Reporting Standards), but the Association said that more granular […]
A new study from UK institutes has called for regulators, governments and investors globally to re-evaluate energy business models against carbon budgets, to prevent a $6trn “carbon bubble” in the next decade.
Carbon reduction activities could have a very positive return on investments, delivering an average return of 33%, according to a report published by Carbon Disclosure Project, an international not-for-profit organisation.
According to results from the 2012 Thomson Reuters Point Carbon survey, carbon market participants are forming an increasingly pessimistic view regarding the European Union Emissions Trading System (EU ETS).
A strong forecast for the €90bn carbon markets from Mercer in February and a significant boost from the UK Government today might still not convince traders to focus solely on them.