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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. As with the financial divestment movement, there is a valid debate about whether engagement with high-carbon firms that are working to reduce their emissions is more effective than simply severing ties. Sponsored Article. Michael Holder.

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The biggest carbon losers

Corporate Knights

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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Are lawyers and accountants doing enough on climate change?

GreenBiz

health insurers are all invested in the fossil fuel industry" and will call on insurers to divest from these companies, calling them "the greatest threat to human health.". For the first time, those organizations have the opportunity to verify their emissions reduction plans against the goals of the Paris Agreement.

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The 10 Big Things To Watch Across World’s Energy Markets in 2023

3BL Media

The World Bank estimates that a carbon price of $50 to $100 per ton of CO2 is required by 2030 to meet the temperature goals of the Paris Agreement. The finance industry will also realize that truly green assets – like those meeting EU’s Article 9 category – are too few to green the entire economy. Wed, 01/11/2023 - 14:05.

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How Institutional Investors Can Be Involved in Climate Actions

Chris Hall

Within the SFDR, Article 9 funds represent a significant opportunity for investors that look for rapid abatement and sustainable land use practices combined with strong returns on investment in the medium to long term. SFDR offers three main classifications: Article 6, Article 8, and Article 9.

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Achieving Net Zero: The Engagement Response we Urgently Need

Chris Hall

However, as we highlight in this article, given the urgency and based on historical evidence , this requires evolving practices from investors to make it more powerful and effective. engagement, divestment & exclusions, climate solution financing, and (within) sector reallocation. Paris Aligned Investment Initiative.

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The Increasing Legal Complexity Surrounding ESG in the US

Chris Hall

Other states have passed or introduced legislation designed to divest from industries like fossil fuels. ESG states has passed or introduced laws requiring divestment from companies that “boycott” the fossil fuel industry. 4] Model legislation targets banks that divest from fossil fuel companies , ABC News (Dec.