Remove Article Remove Divestment Remove Net Zero
article thumbnail

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. Airlines have faced "flygskam" — or flight shame — which has seen some travelers shun air travel, heightening pressure for the sector to demonstrate that it can develop a flight path to net-zero emissions. Michael Holder.

article thumbnail

ESG funds pouring millions into meat company linked to Brazil deforestation

Corporate Knights

From 2021 to May this year, 22 investors, including banks and pension funds, have divested from JBS or its subsidiaries, citing its links to biodiversity loss and governance issues, according to the Financial Exclusion Tracker project. This article was originally published by Global Witness. JBS is widely regarded as an ESG pariah.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

GreenBiz

Sustainable investments should grow as divestment from carbon-intensive industries intensifies. Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article. Faster private- and public-sector innovation to get emissions down should follow. Finance & Investing. Carbon Removal.

article thumbnail

Achieving Net Zero: The Engagement Response we Urgently Need

Chris Hall

Similarly, Accenture has found – as exemplified by assessing the 1,000+ largest listed European companies – that the vast majority are not on track to hit their net zero climate goals. Reaching net zero. Still however, there is no standardisation on how to evaluate and validate forthcoming targets.

article thumbnail

Rebranded ESG Funds Offer Imperfect Path to Net Zero

Chris Hall

Renaming trend may lead to a short uptick in greenwashing, but ultimately will accelerate the path to net zero and offer sustainable investors more choice. Say for example a [rebranded fund] is divesting from a certain sector, but that sector has a transitional focus, then the fund cannot divest radically.

article thumbnail

The ESG Interview: Learn from the Past, Look to the Future

Chris Hall

McMurdo anticipates more such rebellions this year, which he says reflects the pervasive greenwashing evident in net zero plans. LAPFF focused on changes to executive pay and discussed Persimmon’s commitment to ensure that all new homes are net-zero by 2030. Disputing divestment.

article thumbnail

New Ideas, Better Teamwork in Pursuit of Paris Goals

Chris Hall

Buffeted by critics on both sides, finance sector alliances may need to refresh their tactics to progress toward net zero goals in 2023. This time last year BP was in receipt of numerous plaudits for accelerating its net zero transition plans.