3BL Media

SEPTEMBER 29, 2023

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 South Pole can help you navigate the existing framework as well as the new net zero guidance (FINZ) which will replace it in Q4 2023.

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

Corporate Knights

DECEMBER 9, 2022

The clean energy transition is happening faster than predicted, with renewable deployment rates growing in line with the International Energy Agency’s scenario for reaching net-zero by 2050. While Canadian energy majors have paid lip service to the idea of becoming “net-zero,” their current climate strategies amount to delay tactics.

Stranded Assets 278

Stranded Assets Net Zero Supply Chains Supply Chain 278

Chris Hall

JANUARY 30, 2024

“Investors often underestimate indirect legal risks despite the financial toll of lawsuits against investee companies,” Clarke said. The claim, for £36 billion (US$44 billion), could have a major impact on the firm’s share price, a knock-on effect on investors, and potentially set a precedent for future litigation.

Greenwashing 80

Greenwashing Stranded Assets Net Zero Banking 80

Chris Hall

JANUARY 30, 2024

“Investors often underestimate indirect legal risks despite the financial toll of lawsuits against investee companies,” Clarke said. The claim, for £36 billion (US$44 billion), could have a major impact on the firm’s share price, a knock-on effect on investors, and potentially set a precedent for future litigation.

Greenwashing 59

Greenwashing Stranded Assets Net Zero Banking 59

Chris Hall

JULY 14, 2023

According to research by MSCI, nearly half (44%) of listed companies have now set decarbonisation targets, representing an eight-percentage-point increase than was reported in the October 2022 MSCI Net-Zero Tracker , but only 17% of those targets would align with the 1.5°C

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Corporate Knights

JULY 25, 2023

They also noted the due diligence aspects of a framework that must now be implemented by all federal departments and agencies in line with the targets in the 2015 Paris climate agreement. A government source pointed to a provision for regular reviews of the subsidy policy as an important opportunity to ratchet up restrictions over time.

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Corporate Knights

MARCH 20, 2023

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” But some meeting participants warned that those delays are baked into the process by some of the key assumptions in the IPCC’s modelling. Overshooting 1.5°C

Climate Change 269

Climate Change Decarbonize Stranded Assets Paris Agreement 269