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Morgan Stanley will measure CO2 impact of loans and investments

GreenBiz

Morgan Stanley will measure CO2 impact of loans and investments. Mon, 07/27/2020 - 00:15. environmental NGO Sierra Club, hailed the move as "a major step in the right direction" for Morgan Stanley, and said all banks claiming to support the goals of the Paris Agreement also should follow suit. Michael Holder.

Banking 413
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The biggest carbon losers

Corporate Knights

Yet the pace and scale of their reductions is in the realm of what every company and country must do by 2030 to keep the faith of the Paris Agreement. In terms of sustainable capital expenditures, as a whole the 20 companies projected total sustainable investments of $528 billion (all figures in U.S.

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JetBlue Announces Science-Based Emissions Reduction Target and Strategy To Achieve Net Zero by 2040

3BL Media

SUMMARY: Aligned With the Paris Agreement and Approved by the Science Based Targets Initiative (SBTi), JetBlue Commits to Reduce Jet Fuel Emissions 50% Per Revenue Tonne Kilometer by 2035 From 2019 Levels. SOURCE: JetBlue Airways. Reducing Fuel Burn. Neste and World Energy.

Net Zero 130
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Regulator Bans HSBC Ads Highlighting Green Activities as Misleading

ESG Today

HSBC unveiled its climate finance target in 2020 , aiming to support customers with between $750 billion and $1 trillion of finance and investment by 2030 to help with their low-carbon transition, alongside a commitment to align its financing activities with the goals of the Paris Agreement.

Net Zero 115
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Paris or Bust!

Chris Hall

Institutional investors are increasingly attracted to climate-focused passive investment vehicles as a systematic and cost-effective way of transitioning their portfolios to net zero. . Recently, passive products that are ‘Paris-aligned’ – meaning they are decarbonising in line with a 1.5-2°C

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Dependent on Nature

Chris Hall

“Forests are essential both for preventing dangerous climate change, catastrophic biodiversity loss, and for securing the human rights and livelihoods of more than a billion people,” said Vemund Olsen, Senior Analyst – Sustainable Investments at Storebrand Asset Management. Natural risk.

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This Week’s People Moves: Ex-PGGM CIO Takes AustralianSuper Role

Chris Hall

ESG Investor’s weekly round-up of new hires in the sustainable investing sector, including AustralianSuper, Morningstar, Tikehau Capital, Oak Hill Advisors and Guinness Global Investors. . The unit aims to support the goals of the Paris Agreement by providing equity capital to companies focused on energy transition.