A new report by ClientEarth and ShareAction has revealed that millions of pension savers may face significant future losses due to lack of action from pension providers and their regulator on climate risk
Today, a landmark ruling of the European Court of Justice could signal the beginning of the end for around 200 investment agreements between EU Member States.
ClientEarth is joining the United Nations experts call to release individuals jailed for protesting against a discharge of toxic industrial chemicals into coastal waters of Vietnam.
ClientEarth has written to Lloyd’s of London to ask it to take action on risky coal business
“Now is the time to turn it around” – lawyers and regulators say actuaries must do their homework on climate risk
Climate risks can pose a threat not only to individual businesses but to economic stability as a whole. Actuaries occupy a unique position in advising the financial world on how to tackle it.
The argument for underwriting coal is on ever shakier ground, but many European companies are still fuelling the fire.
Industry and regulators should be given until 2020 to boost climate risk disclosure, or face government intervention, a senior ClientEarth lawyer told the Commons Environmental Audit Committee (EAC) today.
Three out of the top five official risks to the global economy in 2018 stem from the changing climate. Financiers need a plan.
Better climate reporting, clarity on investor duties and stronger oversight could pave the way for a greener finance sector.
An international panel of judges and academics has come together to clarify the expectations of businesses in addressing climate change.
Persistent failure by pension funds to recognise material ESG risks leads to landmark reforms.
Lawyers say auditors must now understand the implications of climate risk and consider how it affects their own work and advice. There are real and increasing legal risks if they don’t.
As coal runs at a loss, power companies are running out of excuses to invest in it. A new report by Carbon Tracker charts a route to minimising the impact to shareholders as coal loses out to cheaper, cleaner ways of making and using energy.
Until now, the pension industry has been missing a comprehensive ‘how-to’ for the day-to-day management of climate risk. The PLSA has worked with ClientEarth to publish one.
Climate risk is present throughout the investment chain and so too is the responsibility to monitor and manage it. New legal research sheds light on how climate risk affects the advice consultants and actuaries provide to their pensions clients.
ClientEarth has filed an appeal to the Finnish authorities, asking them to deny Gazprom the permits they need to start constructing gas pipeline Nord Stream 2.
The Chancellor Philip Hammond has outlined the details of his autumn Budget to MPs in the Commons.
Top insurers pull billions from coal – lawyers say there are “serious questions” for those still invested in it
This week, insurance giant Zurich announced that it would both divest from and stop insuring coal-dependent businesses. ClientEarth lawyer Alice Garton questions why others are lagging behind.
Given the climate-intensified destruction present in so many continents today, faith leaders must question their investments in fossil fuels.
Membership fees to policy-obstructive lobby groups betray investor confidence, say lawyers.
The Financial Reporting Council’s failure to enforce climate risk corporate reporting laws has serious implications for investors.
A new legal report seeks to correct company directors who think following climate risk reporting guidelines is riskier than silence.
Belgium has delivered on its promise to ask the European Court of Justice to rule on whether controversial investment tribunals set up by the EU-Canada trade deal contradict EU law.
A coalition supported by ClientEarth has called on the European Commission to protect access to justice in Bulgaria in the face of new proposals from the country’s ruling party.