Corporate Knights

OCTOBER 11, 2022

But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic. To boot, Enel managed to deflate its carbon bubble almost exclusively by retiring high-carbon assets. For instance, 87% of oil giant BP’s 36.5-million-tonne

Divestment 357

Divestment CDP Stranded Assets Paris Agreement 357

3BL Media

SEPTEMBER 29, 2023

CDP found that these financed emissions are on average approximately 700 times higher than the organisation's operational emissions. Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

We Mean Business Coalition

NOVEMBER 12, 2021

With the addition of the new tools created in partnership with Normative, CDP, BSR and the University of Cambridge Institute for Sustainability Leadership, the SME Climate Hub will be able to better enable SMEs to make strategic and impactful emissions reductions, track their progress, and demonstrate climate leadership.

COP26 88

COP26 Net Zero Paris Agreement Development 88