On September 7, 2023, Allianz SE unveiled its first net-zero transition plan for its core business segments, featuring 2030 intermediate targets to achieve net-zero emissions by 2050. The Munich-based insurance firm’s...more
On September 19, 2023, the U.S. Treasury Department introduced nine guiding principles for private sector financial institutions that have made net-zero commitments. The principles are intended to highlight and encourage the...more
On September 16, 2023, California Attorney General Rob Bonta filed a lawsuit against five of the world’s largest oil and gas companies for allegedly denying or downplaying the harm caused by fossil fuels on climate change....more
10/27/2023
/ Air Quality Standards ,
California ,
Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Critical Habitat ,
Energy Policy ,
Environmental Justice ,
Environmental Policies ,
Fossil Fuel ,
Greenhouse Gas Emissions ,
Infrastructure ,
Oil & Gas
California lawmakers seek to raise the bar on climate regulation through the California Climate Corporate Data Accountability Act (Senate Bill 253), which would require large public and private companies to disclose their...more
9/21/2023
/ California ,
Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Disclosure Requirements ,
Environmental Policies ,
Greenhouse Gas Emissions ,
Infrastructure ,
Pollution Control ,
Regulatory Agenda ,
Regulatory Reform
In April 2023, the Centre for Climate Finance & Investment and the International Energy Agency issued a report identifying and addressing the investment gap in renewable and clean energy in the Association of Southeast Asian...more
On April 18, 2023, the Institutional Investors Group on Climate Change (IIGCC) published a “Net Zero Standard for Oil & Gas.” Development of the Standard follows a two-year collaborative process led by IIGCC with support from...more
California Senate Bill 253, the Climate Corporate Data Accountability Act, if passed, will require all companies that do business in California and report over $1 billion in annual revenue to report on the full range of their...more
3/7/2023
/ Air Pollution ,
California ,
Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Health and Safety ,
Proposed Regulation ,
Public Health
On January 10, Isabel Schnabel, a member of the Executive Board of the European Central Bank (ECB), gave a speech at an international symposium on central bank independence on monetary policy tightening and the green...more
2/17/2023
/ Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Environmental Social & Governance (ESG) ,
European Central Bank ,
Financial Regulatory Reform ,
Financial Services Industry ,
Investment ,
Lending ,
Paris Agreement
On January 10, the Biden-Harris Administration released the U.S. National Blueprint for Transportation Decarbonization: A Joint Strategy to Transform Transportation, which is designed to cut all greenhouse emissions from the...more
1/24/2023
/ Biden Administration ,
Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Greenhouse Gas Emissions ,
Infrastructure ,
Pollution Control ,
Public Health ,
Regional Transportation Planning ,
Regulatory Agenda ,
Regulatory Reform ,
Tribal Lands ,
Urban Planning & Development
On December 16, the Amsterdam headquartered bank ABN AMRO announced the publication of a climate strategy and its decision to join the Net Zero Banking Alliance (NZBA). ABN AMRO stated that it is “committed to making a...more
1/4/2023
/ Banks ,
Business Strategies ,
Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Environmental Social & Governance (ESG) ,
Financial Services Industry ,
Financing ,
Net Zero ,
Netherlands ,
Popular