Remove Banking Remove Decarbonize Remove Divestment
article thumbnail

Singapore Central Bank Guides Investors, Banks to Avoid Divestment Approach to Net Zero

ESG Today

The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced today the issuance of a set of consultation papers with proposed guidelines on net zero transition planning for financial institutions, including banks, insurers and asset managers.

Net Zero 113
article thumbnail

Kentucky Warns JPMorgan, BlackRock, Citi of Divestment for “Boycotting Energy Companies”

ESG Today

JPMorgan Chase, BlackRock and Citigroup were among a list of financial companies informed that they face potential divestment by Kentucky state government entities unless they stop “boycotting energy companies,” according to a statement released Tuesday by Kentucky State Treasurer Allison Ball.

Insiders

Sign Up for our Newsletter

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

article thumbnail

ESG Today: Week in Review

ESG Today

This week in ESG news: Microsoft launches new multi-framework ESG reporting solution; Goldman Sachs exits Climate Action 100+ as political pressure builds; World Bank issues bond with interest linked to reforestation-based carbon removals; GM signs its largest-yet renewable energy deal; Texas expands its divestment list of financial companies “boycotting” (..)

article thumbnail

ESG Today: Week in Review

ESG Today

Deutsche Bank Ties Senior Exec Compensation to Loan Book Decarbonization Goals Private Equity & Venture Capital Carbon Accounting and Management Startup Greenly Raises $52 Million Fullerton Fund Management Raises $100 Million for Decarbonization Opportunities-Focused Private Equity Fund KKR Acquires Majority Stake in U.S.

article thumbnail

Report: Meet the top 200 companies investing in a clean energy future

Corporate Knights

Actions and ambitions towards decarbonization have also increased. Cement carbon laggards Companies in the cement industry that were divested by NBIM. Prisons Company is recommended for divestment by the Investigate project of the American Friends Service Committee. Sustainable investments have now reached $4 trillion.

Net Zero 360
article thumbnail

LGIM Sets Climate, Biodiversity & Lobbying Expectations for “Dial Mover” Companies

ESG Today

Michael Marks, Head of Investment Stewardship at LGIM, said: “From tackling climate lobbying to incorporating biodiversity risk, our expectations of companies are increasing – insufficient progress represents a systemic challenge which we will continue to challenge through the tools at our disposal, including divestment and voting sanctions.”

Net Zero 101
article thumbnail

Brookfield Acquires $2.3 Billion Stake in UK Offshore Wind Farms from Ørsted

ESG Today

The four wind farms – Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension – have a total combined capacity of 3.5 billion, renewable energy developer Scout Clean Energy for $1 billion, and of Banks Renewables , one of the UK’s largest independent developers and operators of onshore wind farms for nearly $1 billion.