Review Ambition

Brunswick convened high-level discussions during New York Climate Week on the financial industries’ role in the climate transition. This blog captures reflections from those in attendance, and industry views on the most material developments announced throughout the week as focus intensifies on the role of finance in the climate transition.

The FCA is expected to publish its policy statement on Sustainability Disclosure Requirements (SDR) for wealth, fund and asset managers in Q4 2023. Michael Johnson and Daniel Barry of KPMG UK offer five proactive steps for firms to consider.

Mark Bryant, Consultant for The Berkeley Partnership and the primary author of the Chapter Zero Board Toolkit, reflects on what he’s learned from his experiences of helping clients on their journey to net zero.

In this Science Based Targets case study, find out how leading global biopharmaceutical business AstraZeneca is working closely with its supply chain partners and peers to tackle its scope 3 emissions.

In this case study from Science Based Targets, discover how Jacobs is addressing the core challenge of reducing its scope 3 emissions.

The Route to Net Zero Standard goal is to help organisations like Siemens to measure and manage their emissions, inform carbon reduction strategies, and create climate targets fit for the future. Through this third-party verification and gap analysis, Siemens plc became one of the first companies accredited with this Standard. Read the case study.

TCFD guidance on scenario analysis.

Scenario models have formed a substantive part of managing financial risk for years. WTW look at how climate impacts – and transition - bring new subtleties to the way organizations and governments understand and use them.

In this three-part series on climate scenario analysis, KPMG examines banks and other financial institutions’ end-to-end climate risk scenario analysis models.

In a bid to clamp down on greenwashing, the FCA is proposing a package of new measures including investment product sustainability labels and restrictions on how terms like ‘ESG’, ‘green’ or ‘sustainable’ can be used.

The SBTi's 2022 report, examining progress in science-based targets globally, finds continued growth in the number of companies and financial institutions setting science-based targets, despite an increasingly challenging global backdrop.

While climate risk management at all financial institutions has significantly progressed in recent years, differences remain between leading firms and those that are less advanced. In this new report, GARP Risk Institute examines key trends from the previous four annual Global Climate Risk Surveys to offer a holistic view of the evolution of climate risk practices

Through a transparent multi-stakeholder process, the Science Based Targets initiative (SBTi) has developed the first global science-based standard for companies to set net-zero targets. The Net Zero Standard gives business leaders confidence that their targets are aligned with what is needed for a habitable planet, and it provides clarity on business climate action to a wide range of stakeholders.

The Net Zero Tracker is aiming to be the definitive global resource for collating, assessing and presenting the scale and quality of net zero pledges across nationals, sub-nationals, companies and other entities

This guidance from The Law Society can be used to pre-empt the climate change risk your organisation faces and do business competently and compliantly.

Watch Deloitte’s Chair's Guide to Valuing Nature Panel from Deloitte's WEF Davos 2023 livestream series. Throughout the series, they feature leaders from around the globe as they explore Cooperation in a Fragmented World.

Emma Watson, the Science Based Targets initiative's Senior Manager for Net-Zero, explains the world's first Standard for corporate net-zero science-based targets.

In collaboration with the Carbon Trust, this event explored themes such as understanding what net zero means for corporates, the importance of credible claims to avoid greenwash, and questions you should be asking in the boardroom to explore how your board is responding to the challenge of climate change.