ESG Today

MARCH 14, 2024

Alongside the new Scope 3 target, however, Shell also eliminated a 2035 emissions intensity goal, and revised down its interim 2030 intensity goal as well. While the company had previously set 2030 targets to reduce its Scope 1 and 2 emissions, it had avoided setting an interim Scope 3 target.

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3BL Media

MARCH 25, 2022

DESCRIPTION: ESG in Action As climate change intensifies, so do the physical and transition risks to industries and companies. But how do investors quantify those changes? Historically, they’ve measured a portfolio’s climate impact based on its carbon footprint or weighted average carbon intensity. By Sara Rosner.

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3BL Media

SEPTEMBER 23, 2022

Understanding how SOEs fit into China’s green reform agenda can help investors identify companies that are driving change—and stand to benefit from efforts to combat climate change. Global efforts to combat climate change won’t be successful without China. The Investment Case. Engagement Goals.

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3BL Media

MAY 17, 2022

For decades, scientists have studied the risks of increasing greenhouse gas (GHG) emissions on the earth’s climate. The signals of early-stage climate change are becoming unmistakably visible. As the recent Intergovernmental Panel on Climate Change (IPCC) report on climate adaptation stated: “Global warming, reaching 1.5°C

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Net Zero Climate Change Stranded Assets Supply Chains 130

Corporate Knights

JUNE 19, 2024

Those current climate projections prompted world leaders at the last UN climate summit, COP28 in Dubai, to agree to “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner” to avoid the worst of climate change. But carbon capture remains unproven and expensive – a $2.4-billion

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3BL Media

DECEMBER 9, 2023

In a bold step tailored to meet the existential challenges and colossal financial risks of a warming climate and harness the massive opportunities of the shift to a new clean economy, California Public Employees' Retirement System (CalPERS), the largest public pension fund in the U.S. This year, a record $1.8

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ESG Today

JULY 25, 2023

The guidelines released alongside the framework provide a standardized methodology to ensure that future government support is aligned with the country’s climate and energy priorities, and precludes funding of discretionary programs not aligned with the framework.

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ESG Today

JANUARY 25, 2023

Build more investor confidence in green infrastructure projects The greatest fear that many investors have around investing in green infrastructure projects is that they become “stranded assets.” To prevent this, governments must make a long-term commitment to a green energy source such as hydrogen or nuclear. oil and gas).

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Corporate Knights

JULY 25, 2023

The Fine Print on Carbon Credits The definitions in the federal document take a fairly expansive view of “inefficient” subsidies that “encourage wasteful consumption, reduce our energy security, impede investment in clean energy sources, and undermine efforts to deal with the threat of climate change,” as the G20 defined the term in 2009.

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Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Chris Hall

NOVEMBER 3, 2023

Breaking with tradition Finance Watch’s latest report , released this week, underscores the stark reality of rising climate risks and calls for economic models that do not mislead, scenario analyses that prepare the market, and a new prudential tool to address the build-up of systemic climate risk.

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Paris Agreement Climate Change Stranded Assets Global Economy 94

Chris Hall

JANUARY 30, 2024

Financial institution focus Following successful litigation in 2021, a Dutch court required Shell to slash its emissions by 45% by 2030 and held the firm responsible for Scope 3 emissions from its value chain.

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Greenwashing Stranded Assets Net Zero Banking 80

Chris Hall

SEPTEMBER 20, 2024

Earlier this week, climate change think tank Carbon Tracker hosted a webinar to highlight the opportunity for investors to influence the FCA’s Public Offers and Admissions to Trading Regulations regime (POATR) consultation. The International Energy Agency (IEA) has forecast a major surplus of oil by 2030 as global demand slows.

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Chris Hall

MARCH 2, 2022

Last summer, the European Commission launched a raft of climate-related legislation – ‘ Fit for 55 ’ (Ff55) – to reduce net EU emissions by 55% by 2030 from 1990 levels. It includes a proposal for amending the 2009 Renewable Energy Directive to increase its target for renewables to 40% of its overall energy mix by 2030.

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Net Zero Stranded Assets Global Economy Supply Chains 98

Chris Hall

MARCH 31, 2023

Jose Pugas , Head of Responsible Investments and Engagement at JGP Asset Management , explains why scal ing -u p finance between the global north and south for nature-based solutions is essential to tackle climate change and biodiversity loss. Brazil is the most biologically diverse country in the world.

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Chris Hall

MAY 27, 2022

When it comes to gathering the collective will to tackle climate change, it is often argued that public policy actions and private sector commitments are mutually reinforcing, spurring each side to go further and faster. The private sector’s ability to accelerate the pace of net zero transition is open to question.

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3BL Media

SEPTEMBER 29, 2023

Support for decarbonisation has also been spurred on by Climate Action 100+ , a group of over 570 investors engaging with large organisations to take action on climate change and drive emission reductions, with further pressure on investment groups anticipated as more focus is placed on their emissions and climate impacts.

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Chris Hall

APRIL 14, 2023

These shareholder proposals also encourage banks to be mindful of facilitating and upholding business plans that invest in the development of new assets at disproportionate risk of becoming stranded assets. Proponents of the resolutions acknowledge the near-term need for fossil fuels. US and Canadian banks need to get on board.

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Sustainable Development Network

AUGUST 30, 2019

A common message from Professor Jeffrey Sachs, Director of SDSN, is the critical need to articulate a clear long-term vision and not an incremental approach in order to avoid stranded assets and technology lock-in which will inhibit the energy transformation necessary to achieve the Paris Agreement goals.

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Paris Agreement Stranded Assets Decarbonize Climate Change 52

Chris Hall

AUGUST 12, 2022

Noting that the number of court cases being brought against companies on climate-related grounds has recently topped 2,000, the report says some plaintiffs are seeking to recover the costs of climate change itself, or the expense caused by having to adapt to it. Resort to the courts. Vital role of non-execs.

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Climate Change Stranded Assets Paris Agreement UNEP 52

Chris Hall

AUGUST 23, 2023

Adaptation themes will be incorporated into the network’s workstreams over the next two years. To better stimulate investment in climate resilience across Australia and New Zealand, the Investor Group on Climate Change (IGCC) has developed its ‘ Road to Resilience ’ strategy.

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Chris Hall

JANUARY 3, 2024

Rasmussen expects the scheme to meet its target – self-imposed, but in line with the protocol set by the Net Zero Asset Owner Alliance (NZAOA) – to reduce greenhouse gas (GHG) emissions from its listed equities and corporate bonds by 45% by the end of 2024, from a 2018 base. Some managers might not cover Scope 3 emissions,” he notes.

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Chris Hall

JANUARY 30, 2024

Financial institution focus Following successful litigation in 2021, a Dutch court required Shell to slash its emissions by 45% by 2030 and held the firm responsible for Scope 3 emissions from its value chain.

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Greenwashing Stranded Assets Net Zero Banking 59

Chris Hall

MARCH 16, 2022

In examining sustainability pressures and financial risk in the blue economy, WWF warned that if ocean resources continued to be extracted at current rates, “we increase the risk of ‘stranded assets’ materialising in portfolios, i.e. through assets suffering unanticipated or premature write-offs, downward revaluations or conversions to liabilities”.

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Chris Hall

MAY 22, 2024

In March, a report demonstrated yet again that the sector was widely unprepared for the climate transition, with disclosures made by ten major companies deemed insufficient for investors to accurately gauge transition risk. C pathway by 2050 would requires as much as 50% by 2030. In 2022, the oil and gas industry invested just 2.5%

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Divestment Paris Agreement Stranded Assets Net Zero 89

Chris Hall

OCTOBER 10, 2022

Transition plans should demonstrate alignment with 2030 decarbonisation targets, says UN Climate Envoy. In addition, institutions should have interim decarbonisation targets that are “consistent” with the 2030 target, set by the Intergovernmental Panel on Climate Change , of reducing CO2 emissions by around 45% from 2010 levels.

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Chris Hall

SEPTEMBER 13, 2023

“It’s a dangerous game to play, and it is undermining investor confidence; there are certain issues, like climate change, where political games shouldn’t be played.” Matthew isn’t the only one dissatisfied with progress.

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Net Zero Climate Change Stranded Assets Green Investing 89

Envirotec Magazine

SEPTEMBER 17, 2021

These countries need affordable, reliable and clean energy to support their socio-economic development and to mitigate climate change. This stands in contrast with China’s domestic energy policy, which is prioritizing a transition to renewable energy, peak emissions before 2030 and a net-zero economy by 2060.

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Chris Hall

JUNE 23, 2022

The report warns that fossil fuel demand will peak as government policies to cut emissions, asset owners’ net-zero commitments and the rapid growth of clean energy technologies combine to transition the economy towards renewables. C, in line with the Paris Agreement goal. . “If

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Sense and Sustainability

JANUARY 12, 2022

Using this definition, the environmental pillar most notably encompasses considerations of climate change in terms of physical and transitional risk for companies, given the projected impacts of climate change. It also includes risks related to resource scarcity (e.g. water), deforestation, waste, and pollution.

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Climate Change Impact Investing Stranded Assets Ethical Investment 52

Chris Hall

APRIL 21, 2023

“These investors have filed their shareholder resolutions with the finance sector in response to the growing climate crisis and the failure to limit global warming to 1.5°C The post Investors to Hold US Banks and Insurers to Account on Climate appeared first on ESG Investor.

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Banking Net Zero Stranded Assets Climate Change 52

Chris Hall

OCTOBER 22, 2024

Reasons are manifold but include better risk management, earlier identification of stranded assets, and the realisation that Paris Agreement goals are in jeopardy. It now aims to further halve its emissions by 2030 compared to 2020 levels – with the long-term goal of achieving net zero by 2040. “We

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Net Zero Paris Agreement Divestment Stranded Assets 52

Chris Hall

AUGUST 23, 2023

The new strategy introduces crucial new “indicative checkpoints”: a 20-30% reduction in emissions from international shipping by 2030, and a minimum 70% reduction in emissions by 2040, relative to 2008 levels. Some companies will start acting and some won’t; there’s more risk of stranded assets.” What role should investors play?

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Shipping Net Zero Stranded Assets Development 81

We Mean Business Coalition

NOVEMBER 22, 2021

This post originally appeared on Climate Change News. The street and the boardroom are closer than they have ever been on climate. The Glasgow Climate Pact and recent pledges have kept 1.5°C Action in this decade towards halving emission by 2030 offers our best chance of keeping 1.5ºC within reach. C alive, just.

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COP26 Paris Agreement Net Zero Stranded Assets 52

Chris Hall

MAY 19, 2023

Yet, despite this uncertainty, decarbonisation is a megatrend; driven by the need to reach net zero by 2050 if the world is to avoid catastrophic climate change. For the economy, business and investors, decarbonisation means massive change and a need to completely re-build energy infrastructure.

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Net Zero Stranded Assets Development Climate Change 52

Chris Hall

NOVEMBER 16, 2022

Annual clean energy investment in EMDEs needs to increase by more than seven times, from US$150 billion in 2020 to over US$1 trillion a year by 2030, according to an International Energy Agency (IEA) report. . billion in international climate adaptation investments. There is only one way we’re going to keep 1.5°C

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Net Zero Paris Agreement Carbon Offsets Greenwashing 52

Chris Hall

APRIL 20, 2022

The recent Intergovernmental Panel on Climate Change (IPCC) working group III report on climate change mitigation identified carbon capture and storage (CCS) as an integral element in reducing GHG emissions across the energy sector. per year by 2030. What is carbon capture and storage?

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Net Zero Development Climate Change Stranded Assets 52

Chris Hall

JULY 20, 2022

With around 43% of its population currently without access to electricity, and a high proportion of the rest receiving intermittent or time-limited supply, Africa’s key energy priority is to achieve SDG 7 by 2030: access to affordable, reliable, sustainable and modern energy for all. . by 2030. . This represents quite a shift.

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