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The biggest carbon losers

Corporate Knights

About two-thirds of the GHG reductions achieved by these companies were genuine from the planet’s perspective; much of it came courtesy of efficiency measures or retiring polluting assets. To boot, Enel managed to deflate its carbon bubble almost exclusively by retiring high-carbon assets. Divestments (8%). Divestments (25%).

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

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 They can also divest from high-emitting industries such as thermal coal production. trillion USD in fossil fuels.

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Investors Face Direct Risk from Climate Litigation

Chris Hall

This could stem from campaigns which lobby for divestment from polluting companies or projects. “In our view, the risk to investors from ESG or climate litigation remains primarily indirect,” Mark Banks, Dispute Resolution Senior Associate at Baker McKenzie told ESG Investor.

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ICYMI, an Ill Wind is Blowing From the East

Chris Hall

Almost overnight, Vladimir Putin pulled off something investors have been struggling to achieve since 2015: decarbonising the business models of oil and gas majors. By divesting its 20% stake in Rosneft, BP also disposed of around a third of its oil supplies.

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Investors Face Rising Direct Risk from Climate Litigation

Chris Hall

This could stem from campaigns which lobby for divestment from polluting companies or projects. “In our view, the risk to investors from ESG or climate litigation remains primarily indirect,” Mark Banks, Dispute Resolution Senior Associate at Baker McKenzie told ESG Investor.

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Now or Never

Chris Hall

In June, the Church of England Pensions Board (CoEPB) and Church Commissioners announced that they will divest from oil and gas firms for failing to align with climate goals. However, individual, specific, and isolated divestments do not make a significant difference due to the abundance of liquidity in the market. billion (US$13.2

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Fueling Disinformation: How Big Oil Obstructs Climate Education

Richard Matthews

University activists are increasingly citing the oil and gas industry’s targeting of kids in the classroom as another reason to divest from fossil fuels. The divestment solution. Divestment is an increasingly popular approach to combating the fossil fuel industry’s influence. The case for divestment is persuasive.