'We are extremely concerned by the Glasgow Financial Alliance for Net-Zero’s decision to drop the UN-backed Race to Zero’s science-based guidelines' Jeanne Martin, our Head of Banking.

Read the full press release⬇

shareaction.org/news/shareacti…

BREAKING: International Energy Agency's #WEO2022 says to stay below 1.5C:

❌No new oil and gas fields or coal mines

✅Triple clean energy investment by 2030

📉Immediate and rapid decline in fossil fuels

iea.org/reports/world-…

We’re just weeks away from the COP15 biodiversity summit.

But new research shows business groups are aggressively lobbying to delay real action to protect nature.👇

theguardian.com/environment/20…

'reliance on fossil fuels ⬆️ the risk of food insecurity, infectious disease and heat-related illness' finds The Lancet

Investors must include health in their integrated approach to ESG investing.

More on this ShareAction here:shareaction.org/investor-initi…

bbc.co.uk/news/science-e…

We have sent a joint letter to EU Commissioner Mairead McGuinness asking her to uphold the commitment of adopting ambitious EU standards for corporate sustainability reporting in the face of increasing political pressure.

Read the full letter👇

shareaction.org/policies/lette…

Civil society & trade unions urge Commissioner Mairead McGuinness to:
➡️stay committed to adopting ambitious EU standards for corporate sustainability reporting
➡️uphold the legal mandate agreed in the CSRD & not give in to political pressure/narrow business interests

Insurers are waking up to the risk fossil fuel projects pose to their bottom line.

62% of reinsurance companies have plans to stop covering coal projects with 38% excluding coal and natural gas projects already👇

apnews.com/article/busine…

'What gave the GFANZ sub-alliances credibility was their link to #RacetoZero ”- our Peter Uhlenbruch in ESG Investor

NZBA needs to show how its requirements, governance and accountability support rather than slow efforts to limit heating to 1.5°C ⬇

esginvestor.net/concerns-raise…

'Covid-19 highlighted the intrinsic links between the economy and health. In 2020, UK GDP fell by over 9% – - partly down to a historic lack of investment in health'
said Jennifer Dixon

With ShareAction Guy's & St Thomas' Foundation The Health Foundation

esginvestor.net/push-health-up… ESG Investor

What will it take to limit #globalwarming to 1.5°C? 🌡️

ALL major 1.5°C energy scenarios agree:
🚫 No new #oilandgas infrastructure
📉 At least 65% drop in oil & gas production by 2050

International Energy Agency IPCC IRENA

Learn more in a 🆕 study from IISD Energy ➡️ bit.ly/energy-scenari…

Our proposed new rules aim to clamp down on #greenwashing to protect consumers and improve trust in #sustainable investment products fca.org.uk/news/press-rel…

Important report by @divestuss asks pertinent questions about USS progress on climate targets.

#ClimateEmergency #pensions

Great to see the Interdependence coalition, call on EU policymakers, to clarify and strengthen the draft rules on directors’ duties to allow directors to favour sustainability matters over shareholder interests.

#CSDDD #DueDiligence B Corporation Europe

shareaction.org/policies/summa…