E-bikes as a means for change March 24, 2023 | Sponsored With budgets being squeezed tight, the tube becoming ever more crowded and unreliable, and gym membership prices continuing to rise, there has never been a better time to join the e-bike revolution. The renewed drive to bring workers back into the city has pushed London’s previously stretched public transport facilities beyond comfortable capacity, with crowding [...]
Visas for people fleeing disasters caused by climate change, suggests think tank March 24, 2023 The UK should provide visas for people fleeing natural disasters caused by climate change, a think tank has said.
Global green transition needs an extra $2.5tn a year to reach net zero by 2050, study says March 22, 2023 Investment in the global green transition needs an rise by an extra $2.5tn a year in order to reach net zero by 2050, a new study has suggested. Capital investment will need to average $3.5tn a year between now and 2050 to reach net zero, according to a new report from international think tank The [...]
Three Ways To Make Financial Services More Human March 22, 2023 | Sponsored Bowler hat. Three-piece pinstripe suit. A classic umbrella with a wooden curved handle. It would be easy to think that the financial lending market still carries an air of old-school attitudes and thinking, based on its formal and traditional roots. Arguably, the financial services sector has had the privilege of operating from a position of [...]
Gender diversity; an opportunity for AIM-listed firms March 20, 2023 | Sponsored To celebrate International Women’s Day on Wednesday March 8th 2023, Addidat Limited and Indigo: Independent Governance have collaborated to provide some insights into women on boards and Gender Pay Gap reporting across AIM-listed companies. Women on Boards According to Addidat’s proprietary dataset, the mean average for women on boards across all AIM companies is 14%, [...]
Where are you on in your GHG emission reduction strategy? And perhaps more importantly, where are your peers and competitors in comparison? March 20, 2023 | Sponsored Our data shows that the maturity of carbon reporting and reduction activity and plans vary significantly across AIM listed companies. From some firms not even mentioning the word “carbon” in their annual report to others who have a science based accredited Net Zero target and are reporting reductions annually against their base year. Although SECR [...]
Firms which fail to improve ESG performance will face action, FCA warns March 20, 2023 Companies creating benchmarks to measure environmental, social and governance (ESG) performance will be hit with enforcement action if they fail to improve their “poor” performance, the Financial Conduct Authority (FCA) warned today. The City watchdog has been tightening rules around ESG claims and is set to roll out a host of new measures this year [...]
Banks and insurers may not be ‘sufficiently capitalised’ for future climate-related losses, Bank of England reports March 13, 2023 The Bank of England said there was “uncertainty” over whether banks and insurers are “sufficiently capitalised” to deal with climate-related risks, but suggested there was not enough justification to increase their capital requirements at the moment. In a report published today, the Bank said climate risks create a challenge for regulators as the uncertainty surrounding [...]
Government ‘asleep at the wheel’ over decarbonisation goals, warns climate body March 9, 2023 The government is "asleep at the wheel" when it comes to decarbonisation, warned the Climate Change Committee.
Engagement with fossil fuel companies better than divestment, say green finance chiefs March 8, 2023 Green finance chiefs agreed engagement with polluting companies was better than divesting as they faced MPs’ questions today on how the City of London was supporting the transition to net zero. Speaking to the Environmental Audit Committee, head of climate change at HSBC Tim Lord said “our strategy is absolutely around engagement”. “The objective here [...]