Investors warn Big Four of AGM rebellions over climate accounting November 2, 2021 An investor group managing around $4.5tn worth of assets have issued a warning to the top four auditing giants to start including climate risk into their audits, or risk rebellions at AGMs, according to reports. In a letter seen by Reuters, which first reported the news, the investors told the Big Four auditors that unless [...]
‘Go green or go home’, City Lord Mayor urges finance industry amid climate talks November 2, 2021 The finance industry “cannot afford to hold back” in pumping capital behind the world’s climate efforts, the City’s Lord Mayor has warned. “The stakes could not be higher,” Lord Mayor William Russell told senior financiers at the Green Horizon Summit. The summit, organised by the City of London Corporation and the Green Finance Institute, has [...]
Small businesses look to COP26 for fiscal support in the great sustainability push November 2, 2021 Small businesses are hoping COP26 will unlock more financial support and policy to help them become more sustainable, according to a new report from the Federation of Small Business (FSB). The majority of small and medium sized enterprises (SMEs) are concerned about climate change, but just one in three have a plan in place to [...]
Johnson: Other climate promises will just be ‘blah blah blah’ unless leaders act at COP26 November 1, 2021 Prime minister Boris Johnson has called climate change the real world’s ‘doomsday device’, as he welcomed world leaders ahead of two weeks of climate negotiations at COP26 today. “We are in roughly the same position, my fellow global leaders, as James Bond today, except that the tragedy is that this is not a movie, and [...]
Which City is it again? CNN reporter appears to confuse Edinburgh with Glasgow in COP26 tweet November 1, 2021 CNN reporter, Wolf Isaac Blitzer, has been criticised on social media for posting a tweet about COP26 in Edinburgh when the conference is being hosted in Glasgow, Scotland.
COP26: Meaningful action or a load of hot air? November 1, 2021 City of London Corporation policy chair Catherine McGuinness urged on Friday that we must “ensure that COP26 is about action, not just ‘blah blah blah’,” if we are to finance the transition to net zero and meet the challenge Greta Thunberg has thrown down to us. Her call for meaningful action follows the UN’s weather [...]
COP26: Trains to Glasgow cancelled over a fallen tree, leaving travellers stranded October 31, 2021 Trains to Glasgow the day the UN’s flagship climate conference COP26 kicks off have been cancelled due to a fallen tree – leaving travellers and journalists stranded. Financial Times chief political correspondent Jim Pickard said it “feels like a metaphor for the climate talks”, following last night’s stormy weather. Travellers have been advised to wait [...]
Rolls-Royce and Qatar set to launch multibillion fund for UK green engineering startups October 31, 2021 Rolls Royce and Qatar have joined forces to launch a fund to inject billions of pounds into UK green engineering startups in a move that could create up to 10,000 UK jobs in the next few years. In what would represent one of the biggest-ever inward investment projects in the UK, the gas-rich state is [...]
UK donating tens of millions of Covid jabs to developing nations October 30, 2021 The Prime Minister has said the UK is set to donate tens of millions of coronavirus vaccines to developing nations. An additional 10 million doses of the Oxford-AstraZeneca jab will be donated over the coming weeks through the COVAX programme. This means the total sent for the year will hit 30.6m. There will be a [...]
Why chartered accountants are crucial to the fight against climate change October 29, 2021 | City Talk Anne Adrain, Head of Sustainability and Reporting at ICAS, explains how chartered accountants (CAs) are crucial to the fight against climate change and why ICAS is committing to net zero. This article first appeared in ICAS’ CA magazine. The arrival of November means the 2021 United Nations Climate Change Conference, better known as COP26, is finally [...]