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Mark Carney says banks should link executive pay to Paris climate goals

TheGuardian

Ex-Bank of England boss tells UN summit that boardroom pay link can help meet climate targets faster Former Bank of England governor Mark Carney has said banks should link executive pay to climate risk management, as part of efforts to align the finance industry with Paris climate goals. Continue reading.

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Major UK pension funds worth nearly £900bn commit to net zero

TheGuardian

Pension providers Scottish Widows, Royal London and Nest and a clutch of public sector pension funds from the UK to Scandinavia and New York were also among the investors that have pledged to align their portfolios to the Paris climate goals of limiting global temperature increases to 1.5C.

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Leading finance firms sign up to Mark Carney forum on low-carbon investment

TheGuardian

Barclays, HSBC and Axa among 160 firms in global alliance to hasten transition to net zero economies Banks and financial institutions with more than $70tn assets have pledged to cut their greenhouse gas emissions and ensure their investment portfolios align with the science on the climate.

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