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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. billion in 2022.

Banking 212
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Sustainable Investing in Emerging Markets Can Help Returns and Make a Difference

Jon Hale

Sustainability Matters More capital is needed to address climate change and other sustainability issues. Sustainable investing can be a win-win for emerging-markets investors. It can be impactful, playing an important role in allocating capital to address climate change and other sustainability issues.

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We Mean Business Coalition statement on the G7 Summit 2022

We Mean Business Coalition

And yet, whilst making the right noises about the urgency of the climate crisis and commitments to the Paris Agreement, G7 leaders are sending contradictory messages. . The post We Mean Business Coalition statement on the G7 Summit 2022 appeared first on We Mean Business Coalition. With power comes responsibility. .

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Is Your Mutual Fund or ETF Really “Green” or “Sustainable”? How Do You Know? More Disclosure by Fund Managers and Advisors May Be Coming…

Sustainability Update

by Hank Boerner – Chair & Chief Strategist – G&A Institute What is it about an investable product – a mutual fund, an exchange traded fund (ETF) – that would qualify it as an “ESG” or “sustainable investment” offering to the retail or institutional investor? Only about 12% were on track to meet Paris goals.

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Which banks are financing the clean energy transition?

Corporate Knights

-based financial publication The Banker to produce the world’s first list of green-ish banks ranked by the percentage of revenues they earn through sustainable lending, underwriting and investments. Corporate Knights researchers ranked 60 banks for which they found quantifiable sustainable-revenue data from an initial pool of 91 banks.

Banking 360
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Climate Commitments not Backed by Credible Plans – CA100+

Chris Hall

Notably, oil and gas companies within CA100+’s portfolio of 159 focus companies are still commissioning projects that do not align with Paris Agreement goals, while an overwhelming number of electric utility companies are not building out sufficient renewable energy capacity. Ambitions not action. Renewed engagement.

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Sustainability disclosures: Why we need a global reporting standard in 2022

We Mean Business Coalition

As responsible investors search for the most sustainable companies to back, the outcomes of these debates could not be more important for global efforts to rapidly cut emissions. Since the 2015 Paris Agreement, thousands of companies have voluntarily set ambitious, science-based emissions reduction targets.