ESG News For Bank of England (The Governor and company of the Bank of England)

• Cultivo is on a mission to build portfolios of high quality natural capital.
• Cultivo’s model is purpose-built to tackle the triple planetary crisis, unlock the supply of high quality nature-based credits, and fill the ‘financing gap’ to regenerate nature at scale.

Bank of England Governor Mark Carney said he’s concerned investors aren’t doing enough to assess threats that global warming will have on assets they purchase.

Corporations, especially those in the financial and energy sectors, should provide investors with clear and systematic disclosure of the risks that climate change poses to their future economic health, a task force reporting to Bank of England Governor Mark Carney recommended Wednesday.\r\r

Bank of England Governor and Chair of the Financial Stability Board Mark Carney has said the newly released report from the Task Force on Climate Related Financial Disclosures (TCFD) represents a breakthrough in managing the risks and opportunities related with climate change.\r\r

Mark Carney, whose departure from his role as Governor of the Bank of England was announced yesterday, will leave a vacuum at the top of global policy making around ‘green finance’ and climate disclosure.

When former New York City mayor Michael Bloomberg announced in March that he would not be running for U.S. president, at least one person may have been quietly cheering: Bank of England governor Mark Carney. In his role as chair of the Financial Stability Board, Carney had tapped the billionaire businessman in December to head up the FSB’s newly created Task Force on Climate-Related Financial Disclosures — a position Bloomberg would likely have had to relinquish given the rigors of a presidential

Lord Foster and Michael R. Bloomberg hosted the topping out ceremony of Bloomberg’s new European headquarters in the City of London today, located between the Bank of England and St Paul’s Cathedral.