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The biggest carbon losers

Corporate Knights

As a group, over the course of the past decade (2012 to 2021) these 20 companies slashed their net GHG emissions (Scope 1 and 2) by 43%, from 862 million tonnes to 489 million tonnes. 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.

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Bank financing for fossil fuels dips second year in a row

Corporate Knights

trillion in financing to the fossil fuel industry in the eight years since the Paris Agreement was signed, according to a comprehensive new report. trillion in financing for new fossil fuel expansion projects, investments that put the net-zero goal of the Paris Agreement in jeopardy. This sum includes US$3.3

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Joe Biden can be the president for a sustainable private sector

GreenBiz

Joe Biden can be the president for a sustainable private sector. Mon, 02/15/2021 - 01:00. His ability to achieve his agenda will require action from key sectors across the country, including the investment and business community. Advancing policies that support the growth of a sustainable American economy also supports U.S.

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Asset Managers “Not Supporting” Climate Policy

Chris Hall

times more equity value in fossil fuel production companies (US$880 billion) than in green investments (US$309 billion). times higher exposure to green investments than the average asset manager, the report noted, adding that Goldman Sachs and State Street are the most exposed to the fossil fuel production value chain, at 2.2

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Asia-first Transition Strategy Scouts Opportunities

Chris Hall

“Such assessments will also need to be regionalised, as different jurisdictions have access to different technologies and capital.” Last year, Robeco extended its Sustainable Investing (SI) Open Access Initiative to the public. There’s a lot of greenhushing going on because the industry expects perfection.

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Asian Energy Transition Gaining Momentum

Chris Hall

“To continue to drive energy transition in Asia, we believe there is room for engagement with wider stakeholders and to further strive for commitments that are aligned with the Paris Agreement,” Yi-Chen Chiang, Director of Sustainable Investment, Asia, at Manulife Investment Management, told ESG Investor.

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Human Rights as a Basis for Climate Litigation

Chris Hall

Investor engagement with governments is an increasing area of focus, as investors move from a stewardship approach focused on company engagement to collaborative engagement with governments to address systemic risk – and thus create an enabling environment for sustainable investments.