Corporate Knights

OCTOBER 11, 2022

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. But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic.

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Divestment CDP Stranded Assets Paris Agreement 358

3BL Media

SEPTEMBER 29, 2023

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

Chris Hall

APRIL 25, 2022

Aligning investment portfolios with the goals of the Paris Agreement requires engagement with the real economy, said Claudia Bolli, Head of Responsible Investing, Swiss Re. Swiss Re has committed to reduce listed equities and bond emissions by 35% by 2025. Collaborative mindset . Data tools . C,” he said.

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

APRIL 19, 2024

For example, an asset manager may have a limited carbon footprint and can appear to be on track to net zero by divesting its high-carbon assets, however such action is effectively passing the problem onto someone else. Some companies may also need to tap into some form of government support.

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Paris Agreement Net Zero Climate Change Banking 81

Chris Hall

NOVEMBER 4, 2022

oriented investment funds in 2021. [1] oriented assets to exceed US$41 trillion by 2022 and $50 trillion by 2025 — representing one?third In particular, many states have enacted laws or other policies requiring state entities to integrate sustainability factors into their investment policies, processes and decisions.

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Divestment Paris Agreement Sustainable Investment Climate Change 52

Chris Hall

JANUARY 31, 2023

In our progress report this year [following the new protocol], we hope to have deeper insights on emissions reductions that can be shared ahead of COP28 and the global stocktake of the Paris Agreement,” said Bolli. NZAOA aims to grow its member base to 200 or US$25 trillion in cumulative assets by 2025.

Net Zero 52

Net Zero Divestment Paris Agreement Sustainable Investment 52

3BL Media

SEPTEMBER 28, 2022

She cited the massive growth of ESG initiatives as a great achievement but was wary of the lack of democratized data that can clearly define certain ESG investments as sustainable. Pretorius and Free agreed and claimed investors will expect even more from companies than mere divestment from non-renewable assets.

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Net Zero Divestment Decarbonize Paris Agreement 130