3BL Media

APRIL 19, 2022

This step will help you identify the riskiest physical locations and products to divest from and access public incentives. You can also divest from risky assets and manage risk within the supply chain. Investments from the community can be made in a way that benefits everybody.

Divestment 130

Divestment Development Climate Change Supply Chains 130

Chris Hall

APRIL 1, 2022

The fund was previously under pressure to divest from carbon-intensive oil and gas companies but, like other asset owners, CalSTRS is choosing to engage, with divestment serving as a last resort. . Norges Bank Investment Management (NBIM), which manages Norway’s US$1.1

Divestment 52

Divestment Net Zero Climate Change Sustainable Investment 52

3BL Media

JANUARY 11, 2023

The price signal from the biggest market in term of traded value, the European Union, will be muted as lawmakers eye carbon as a piggy bank to fund the bloc’s shift from Russian gas. The World Bank estimates that a carbon price of $50 to $100 per ton of CO2 is required by 2030 to meet the temperature goals of the Paris Agreement.

Supply Chains 130

Supply Chains Supply Chain Paris Agreement Divestment 130

Chris Hall

JUNE 26, 2023

But this is a way to put pressure on Amazon that you also see in resolutions at their annual general meetings (AGMs).” Earlier this year, Danish pension fund PBU divested Amazon over issues with labour rights after five years of engagement. We’re totally aware of that.

Divestment 52

Divestment Banking Development 52

Chris Hall

SEPTEMBER 6, 2024

The prediction that the pandemic would entrench and exacerbate inequalities appears to have been borne out: nearly 40% of the reduction in the labour income share over the past two decades occurred during the pandemic years 2020-22. The figures also maintain a downward trajectory that has persisted since the 1980s.

Divestment 80

Divestment Net Zero Climate Change Banking 80

Chris Hall

OCTOBER 18, 2023

The Alliance counts French insurer AXA Group, Nordic bank Nordea and UK-based financial services company Legal & General among its membership. Among these, 69 members have set intermediate climate targets in line with the Alliance’s Target-Setting Protocol , amounting to US$8.4 “As we head towards at least 2.4°C trillion in AUM.

Net Zero 69

Net Zero Global Economy Divestment Climate Change 69

Chris Hall

JULY 14, 2023

of global GDP, in 2020, and are expected to increase to 7.4% 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. trillion, or 6.8% The Church Commissioners, which manages the CoE’s £10.3 billion (US$13.2

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

AUGUST 23, 2023

It has completely divested the fast fashion sector over its poor record on sustainability and the payment of decent wages but maintains engagement through PLWF. “We speak through the platform to several supply chain actors,” says Schmidt. In July, Inditex pledged a “phased and responsible” exit from the region under military rule.

Supply Chains 98

Supply Chains Supply Chain Banking Manufacturing 98

Chris Hall

SEPTEMBER 21, 2022

Norges Bank Investment Management (NBIM), which manages Norway’s US$1.2 NBIM’s 2020-2022 strategy outlined the asset owner’s intention to vote against corporate boards with fewer than two women. . Norwegian SWF to challenge companies on their decarbonisation targets, transition plans and climate reporting. .

Net Zero 52

Net Zero Climate Change Carbon Offsets Divestment 52

Steven Mintz

MARCH 8, 2022

For starters, you can conduct research on what type of investments your bank holds. Many of the largest banks are major investors in the fossil fuel industry. In addition to divesting from unethical stocks, you can make investments in companies that make a positive change in a practice called  impact investing. Environment,

Corporate Social Responsibility 52

Corporate Social Responsibility Supply Chains Supply Chain Impact Investing 52

Chris Hall

APRIL 5, 2022

Agora’s recommendations, which include installation of new gas boilers and scaling up of heat pump installation, would reduce EU buildings’ existing fossil gas use by 480 terawatts an hour (TWh) by 2027 compared to 2020 levels of 1,400TWh. . Do they divest so the poorly performing assets are no longer on their books?

Net Zero 52

Net Zero UNEP Divestment Banking 52

Chris Hall

FEBRUARY 14, 2023

In a report Reclaim Finance notes that a tightening of the Race to Zero criteria “led to a pushback from some GFANZ members, and especially the big US banks ”. Before GFANZ, not one bank had set or published an interim net-zero target. Today more than half the banks in Net Zero Banking Alliance have set science-based targets for 2030.”

Net Zero 52

Net Zero Paris Agreement Climate Change Banking 52

Chris Hall

MARCH 9, 2022

Large institutional investors such as Norges Bank Investment Management, Storebrand, Nest and the Church of England Pensions Board have announced exits from Russian investments, while many Western corporates have shuttered operations, McDonalds and Coca-Cola among the latest. . “Due

Supply Chains 52

Supply Chains Supply Chain Net Zero Divestment 52

Corporate Knights

DECEMBER 20, 2024

But Kamloops faces a tight housing market , and a 2020 City of Kamloops report warned that subsidized housing isnt keeping up with rapid population growth. All of this work to support divestment from extractive investments, and investments into community, ultimately has positive implications for climate, as well, said Collins-Swartz.

Banking 182

Banking Climate Change Divestment Net Zero 182

GreenBiz

JANUARY 25, 2021

For banks, climate benchmarks should influence loan eligibility, interest rates and debt covenants. As linchpins of capital markets, banks and asset managers have a crucial role to play in pushing federal agencies to safeguard the economy from climate-related shocks. Ben Ratner. Mon, 01/25/2021 - 01:00.

Net Zero 478

Net Zero Divestment Decarbonize Banking 478

GreenBiz

AUGUST 13, 2020

2020: Fossil fuels are dead, long live the sun. Thu, 08/13/2020 - 00:15. This helps explain why more than $11 trillion have been divested from fossil ownership, even before the University of California announced that it was divesting its $80 billion portfolio. Hunter Lovins. Surely the world runs on oil.

Divestment 505

Divestment Net Zero Zero Carbon Shipping 505

Jon Hale

JANUARY 28, 2022

When Morgan Stanley asked individual investors about their interest in sustainable investing in late 2020 , 79% said they were interested, and among an oversampled group of millennials?—?this So people-as-workers and people-as-consumers want to hold business to a higher standard. What about people-as-investors? this is not a typo?—?99%

Sustainable Investment 52

Sustainable Investment Climate Change Academics Divestment 52

Chris Hall

MAY 17, 2023

While 88% of asset managers disclosed their votes publicly (up from 55% in 2020), 42% failed to publish their rationale for votes against shareholder resolutions, the report said. Transparency is improving, but slowly.

Stewardship Code 52

Stewardship Code Net Zero Paris Agreement Divestment 52

GreenBiz

MAY 17, 2021

As COVID came to dominate 2020, she helped donate more than 600,000 meals and 100,000 pounds of packaging to food banks. The project is personal: his childhood home in Santa Rosa, California, burned in the 2020 Glass Fire. Finding herself the only Black person in the student divestment group, everything clicked. "I

Waste 517

Waste Climate Change Supply Chains Supply Chain 517

Chris Hall

MARCH 13, 2024

Norway-based asset manager Storebrand recently excluded First International Bank of Israel for its involvement in the Occupied Palestinian Territory, while a number of major European banks and pension funds divested from Israeli weapons manufacturer Elbit. As such, some investors have drawn a line in the sand.

Divestment 139

Divestment Banking Sustainable Investment Manufacturing 139

Edouard Stenger

NOVEMBER 30, 2018

Now, installing new wind turbines or solar farms is cheaper than keeping coal fired plants, as per the investment bank Lazard. As a result, analysts now even predict a global peak coal by 2020. Ending fossil fuels subsidies and divesting away from coal will put the final nails in the coffin. Our future can be coal-free.

Divestment 52

Divestment Paris Agreement Waste Banking 52

GreenBiz

SEPTEMBER 25, 2020

Fri, 09/25/2020 - 00:30. Morgan Stanley, along with Bank of America and Citigroup, has agreed to deeper disclosure.) And the mayors of 12 cities — representing 36 million residents — announced their plans to divest from fossil fuels. From China’s stand to Walmart’s wish list: A Climate Week news cheat sheet. Heather Clancy.

Paris Agreement 509

Paris Agreement Net Zero Supply Chains Supply Chain 509

Richard Matthews

JANUARY 4, 2022

Less than a third of Americans (31%) currently believe there was widespread fraud in the 2020 U.S. The fossil fuels divestment movement continues to grow and as indicated in a recent report by DivestInvest, 1,500 investment institutions, responsible for $39.2 trillion in assets, have committed to divest. percent of the nation.

Climate Change 100

Climate Change Paris Agreement Waste COP26 100

Foley & Hoag

FEBRUARY 17, 2022

financial institutions are currently prohibited from participating in the primary market for ruble or non-ruble denominated bonds issued after June 14, 2021, by the Russian Central Bank, the National Wealth Fund of the Russian Federation, or the Russian Ministry of Finance. Sovereign Debt Restrictions U.S. In response to what the U.S.

Banking 40

Banking Divestment Development Manufacturing 40

Corporate Knights

APRIL 8, 2025

Last Wednesday, Toronto-based sustainable investment adviser Tim Nash held a webinar to answer the number one question he says hes been getting from his clients: how to divest from Tesla? Participants listed multiple reasons for wanting to divest: Being invested feels morally wrong due to its connection with Musk, wrote one.

Divestment 269

Divestment Sustainable Investment Climate Change Decarbonize 269