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Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. Airlines have faced "flygskam" — or flight shame — which has seen some travelers shun air travel, heightening pressure for the sector to demonstrate that it can develop a flight path to net-zero emissions. Michael Holder.

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Divestment Doesn’t Close Door on Engagement

Chris Hall

An investor’s decision to divest “doesn’t mean an end to all ESG-focused engagement with that company”, according to Eric Nietsch, Head of Sustainable Investing for Asia at Manulife Investment Management. . There’s ultimately a place for both engagement and divestment,” said Nietsch. “If

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Is the insurance industry walking away from fossil fuels?

Corporate Knights

and I know insurers are going to be wary about that,” says Jason Thistlethwaite, a professor at the University of Waterloo’s School of Environment, Enterprise and Development. Divest now for tomorrow For insurance companies that are big institutional investors, that has also meant divesting their holdings in oil, gas and coal projects.

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Decarbonisation Culture

Chris Hall

Head of Sustainability at CDPQ Bertrand Millot highlights the pension fund’s focus on decarbonising the real economy, as well as comprehensively divesting from the oil industry. In addition, CDPQ has reduced the carbon intensity of its corporate portfolio by 59% compared to 2017, when it released its inaugural SI strategy.

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Piani to Use CA100+ Role to Turn “Ambitions to Action”

Chris Hall

In May , Phoenix Group became the CA100+’s new Shell co-lead, following the Church of England stepping back from engagement after five years and divesting from the oil and gas giant the following month. CA100+ focuses on 171 firms that are key to driving the global net zero transition, with a total market capitalisation of US$10.3

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CA100+ Investors Must Raise the Bar on Engagement

Chris Hall

Originally launched in 2017, CA100+ now has 700 investor signatories representing US$68 trillion in assets. . As of March 2022, 69% of focus companies have committed to achieving net zero greenhouse gas (GHG) emissions by 2050 or sooner and 89% have aligned with recommendations of the Taskforce on Climate-related Financial Disclosures. .

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Edison International 2021 Sustainability Report: Climate Change Mitigation

3BL Media

These goals include net-zero GHG emissions economywide by 2045 and net-negative emissions thereafter, along with a 40% reduction in statewide GHG emissions from 1990 levels by 2030 and 80% by 2050. SCE’s Long History of Clean Energy Action. Department of Energy and the Los Angeles Department of Water and Power.