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Divesting works: Study finds ditching fossil stocks lowers corporate footprints

Corporate Knights

For the leaders of the divestment movement, which encourages institutional investors to sell off their shares in fossil fuel companies, winning isn’t everything. But after a decade of determined lobbying, the divest side is suddenly doing a lot of winning. That tally, they noted, is bigger than the combined GDP of the U.S.

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To Meet Net Zero, Prioritize ESG Laggards

3BL Media

DESCRIPTION: On the heels of COP26, investors are not only thinking about the climate-related risks of companies within their portfolios, but they are also considering whether to make new investments or maintain existing investments in high-emitting companies or countries going forward. Engaging for Net Zero.

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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. Today we maintain one of the cleanest electricity mixes in the nation (see 2021 Power Mix for SCE Customers).

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EU Guidance on Net Zero Cooperation Due in Q2 2022

Chris Hall

Regulators will soon provide investors with clearer guidance on the acceptable boundaries of collective action to achieve net zero and other sustainability objectives, according to competition lawyers. Competition barriers to collective sustainability initiatives by investors expected to be lowered. Limits to power of collaboration.

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A tidal wave of new carbon emissions data soon will be upon us

GreenBiz

Tue, 02/09/2021 - 02:00. If successfully on stream by summer 2021 as its designers hope, the service should drive not only increased transparency but also increased accountability. Sustainable investments should grow as divestment from carbon-intensive industries intensifies. Ian Kearney.

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Decarbonisation Culture

ESG Investor

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. But the pension fund exceeded the original targets by 2021, and decided to up its ambition. “We

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Despite the Headlines, 2021 Was A Year Full of Environmental Victories

Richard Matthews

You cannot be faulted for failing to notice the long list of environmental wins that occurred in 2021. As 2021 drew to a close s 35-year-old leftist and former student leader Gabriel Boric, defeated his right-wing opponent to become president of Chile. Despite unnerving headlines, democracy is far from dead.