Johnson Controls issues $500m sustainability-linked bond

It will pay a higher interest rate to bond investors if it fails to meet its interim targets for reducing Scope 1, 2 and 3 emissions by September 2025

UK entrepreneurs launch new firm to turn the emissions tide

Counteract is a new carbon removal company aiming to combat the climate crisis through research, development and investment

Six finance giants join the ranks of global alliance to end coal power

Aberdeen Standard Investments, the Church of England Pensions Board, Desjardins Group, Legal & General, Robeco and Swiss Re have signed up to the Powering Past Coal Alliance

ExxonMobil found not guilty in New York climate change fraud court case

State Judge Barry R. Ostrager said the attorney general failed to prove the company misled investors about the true cost of climate change

Ofgem hits back at accusation it is failing to prioritise climate emergency

The CBI sai it is concerned the regulator is relying on an ‘outdated policy mandate’ to regulate the industry and set price controls

‘World’s first’ climate risk government bond index launched in London

It incorporates a forward-looking assessment of the climate risks countries face

New guidance for global investors to assess climate change impacts

It enables them to evaluate how their investment portfolios would respond to different levels of global warming

Copenhagen Infrastructure Partners secures $700m for renewable energy fund

It will target fast-growing major new economies primarily in Asia and Latin America

New initiative to help investors align portfolios with Paris climate goal

It is being delivered to help asset owners and managers better assess and manage both climate risk and opportunity and report on their actions more effectively

Darlington’s UK Renewable Investments shut down by courts

The company failed to pay back millions of pounds to investors