Corporate Knights

JANUARY 27, 2023

Divesting from fossil fuels isn’t just good for the planet. billion in returns over the last 10 years by not divesting from fossil fuels. And in 2018, Ireland became the first country to divest its national investment fund completely from fossil fuel companies. It can be good for financial returns, too.

Divestment 313

Divestment Net Zero Sustainable Investment Climate Change 313

Chris Hall

JANUARY 3, 2024

C, and investee companies are not yet facing full scrutiny of their net zero transition strategies, posing challenges for institutional investors committed to decarbonising their portfolios in line with the Paris Agreement. Others might set a target for some or all portfolio companies to be net zero aligned by 2030.

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

Chris Hall

FEBRUARY 15, 2023

Renaming trend may lead to a short uptick in greenwashing, but ultimately will accelerate the path to net zero and offer sustainable investors more choice. Say for example a [rebranded fund] is divesting from a certain sector, but that sector has a transitional focus, then the fund cannot divest radically.

Net Zero 52

Net Zero Divestment Greenwashing Sustainable Investment 52

ESG Today

SEPTEMBER 25, 2024

Masdar Chairman, and UAE Minister of Industry and Advanced Technology, HE Dr Sultan Al Jaber, said: “Representing one of Spain’s largest renewable energy transactions, this landmark deal with Brookfield Renewable builds on Masdar’s strong growth story, demonstrating our commitment to the EU’s wider net zero by 2050 target and unlocking new capacity.”

Development 111

Development Net Zero Divestment 111

Chris Hall

APRIL 7, 2022

Since early 2018, the West’s six biggest oil majors have disposed of US$44 billion in predominantly fossil fuel assets. Pressure to divest is commonly applied by ESG-conscious investors who no longer want to be associated with these companies or fund them. The post Investing in Transitional Issuers appeared first on ESG Investor.

Green Bonds 52

Green Bonds Divestment Net Zero Greenwashing 52

Chris Hall

AUGUST 8, 2024

Divest or wind down? Rio Tinto , meanwhile, sold its last coal mines – both thermal and metallurgical – in 2018, and now produces no fossil fuels. By 2035, it has committed to halve its Scope 1, 2, and 3 emissions from a 2019 baseline, with goals to hit net zero by 2050.

Stranded Assets 52

Stranded Assets Divestment Greenwashing Paris Agreement 52

GreenBiz

AUGUST 13, 2020

Consider this: In April, Royal Dutch Shell, one of the largest companies in the world, announced its intent to become a net-zero carbon company by 2050. Exxon’s 2018 revenues were half of what it made a decade earlier; in 2019, it was only $14.3 Is that possible? Last year, no fossil company made the top 10 list.

Divestment 505

Divestment Net Zero Zero Carbon Shipping 505