What you need to know about the UK’s Budget announcement

Last month UK Chancellor Rishi Sunak announced the Autumn 2021 Budget

Government launches COP26 campaign to make more businesses ‘go green’

UKEF has projected that green trade will be worth £1.8tn by 2030 and is calling for more exporters to take advantage of this

COP26: Rishi Sunak to unveil how to make UK the first net zero financial centre

Under the new Treasure rules, financial institutions and listed businesses in the UK must set net zero transition plans that will be published from 2023

Tesco launches £400m sustainability bond

It is aligned with the supermarket’s aim to slash Scope 1 and 2 emissions by 60% by 2025

Just 0.5% of $27tn global fund assets are aligned with Paris Agreement

This number drops to 0.2% when Scope 3 emissions or supply chains are considered

Blackstone appoints new Global Head of ESG

The investment management firm is looking to embed ESG at the heart of its investments and policies going forward

Global financial industry calls for more climate action from G20 ahead of COP26

GFANZ, which represents $90tn in global assets, has published a report of the further action that needs to be done by G20 governments to achieve net zero aims

Bank of Finland commits to carbon-neutral investments by 2050

The central bank of Finland has pledged to channel cash flows to low carbon investments

‘First ever’ £430m government-backed green transition loan announced

Wood plc will receive the loan to increase clean growth exports, green jobs and take advantage of the energy transition

‘Environmentally-friendly stocks offer better returns than polluting investments’

New research suggests there is a 30% lower chance of risk when investing in companies that fare better for the environment