Financial institutions have used their climate commitments to tell the world where they want to go in the coming decades. But how will they get there?…
As spring comes to a close, so does the season of annual general meetings (AGMs). At these convenings, shareholders call for corporate changes by filing and voting on resolutions. In recent years, shareholder engagement…
In the wake of COP26 and a record-breaking year of climate commitments from the financial sector, there has never been greater attention on what financial institutions do next to translate their words into action.
When RMI launched the Center for Climate-Aligned Finance in 2020, the concept of climate-aligned finance was in its infancy. As we begin 2022, we look ahead to some of the major themes likely to emerge…
In October 2021, the Financial Stability Oversight Council (FSOC)—an oversight body for federal financial regulators—chimed in on the climate conversation by way of a dense, 133-page report. The FSOC Report on Climate-Related…
Finance at COP, the UN climate change conference, used to be about public dollars. It was largely about rich countries pledging the elusive $100 billion in annual climate finance to developing countries—and about government…
A growing number of financial institutions have made net-zero commitments in the lead-up to COP26, the UN Climate Change Conference. On their own and through the various initiatives under the umbrella of the Glasgow Financial Alliance for Net Zero, these financial institutions are stepping up their climate ambition. Yet once they make pledges, financial…
The US Securities and Exchange Commission (SEC) recently made headlines by launching a formal investigation into ESG (environmental, social, and governance) investment products offered by DWS Group, Deutsche Bank AG’s asset management division. The…
Unlocking the flow of finance remains one of the key challenges holding back climate progress in the Global South—and threatening to cast a shadow over COP26.
The investment bank Goldman Sachs recently announced it would pay $1.9 billion for Dutch asset manager NN Investment Partners. In explaining the purchase, Goldman’s CEO David Solomon said that “they have been successful in…