Chris Hall

JUNE 21, 2023

billion to acquire 335 million barrels of oil in Texas and Mexico,” said Patrick DeRochie, Senior Manager of Shift. “The CPPIB is risking our national retirement fund on stranded assets and investing in a future of ever-worsening climate disaster.” The post CAFA to Catapult Canada to Climate Leader appeared first on ESG Investor.

Banking 97

Banking Net Zero Stranded Assets Climate Change 97

Chris Hall

APRIL 21, 2023

AGMs to be held by Citi, Wells Fargo, and Bank of America on 25 April, and by Goldman Sachs on 26 April, are seen as key indicators of investment sentiment.

Banking 52

Banking Net Zero Stranded Assets Climate Change 52

Chris Hall

JULY 31, 2023

A groundswell of concern is developing around the soundness of economic research used to underpin climate-related risk and investment models. In February, ESG Investor reported on the limitations of climate scenarios issued by financial regulators and central banks.

Climate Change 98

Climate Change Stranded Assets Banking Climate Scientist 98

3BL Media

MAY 17, 2022

Financial institutions that start with managing their own footprint and supply chains will deliver limited climate impact compared to aligning their balance sheets to lower emissions investments that embed resilience and minimize their exposure to stranded assets.

Net Zero 130

Net Zero Climate Change Stranded Assets Supply Chains 130

Chris Hall

SEPTEMBER 29, 2023

These countries need more financing and alternative energy solutions, while at the same time, many have young coal fleets and new plants still under development. These plants are expected to operate for decades and risk becoming “stranded assets” if they retire early.

Development 69

Development Net Zero Supply Chains Supply Chain 69

3BL Media

SEPTEMBER 29, 2023

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. Change is already underway within the fossil fuel industry, as developments in the Netherlands, United States and Australia indicate.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

Chris Hall

MAY 12, 2022

Ex-BoE chief calls for “radical new approach” to mobilising investment in emerging and developed markets; also warns of stranded assets. Given the enormous resources of GFANZ, a radical new approach to mobilising private capital investment in emerging markets and developing economies can be developed,” he said.

Stranded Assets 52

Stranded Assets Net Zero COP26 Banking 52

Chris Hall

JANUARY 27, 2025

Alongside stranded asset dangers for investors, the early phase-out of emerging markets coal fleets leaves countries open to legal, financial risks. Currently, despite a recent update issued by developed nations involved in JETPs in Indonesia and elsewhere, progress on existing frameworks has been slow and fraught with complications.

Net Zero 64

Net Zero Stranded Assets Paris Agreement Banking 64

Chris Hall

MARCH 16, 2022

Launched in 2018, they act as a global guiding framework for banks, insurers and investors. They promote the implementation of UN Sustainable Development Goal 14 (Life Below Water), and set out ocean-specific standards, allowing the financial industry to mainstream sustainability of ocean-based sectors.

UNEP 98

UNEP Banking Paris Agreement Stranded Assets 98

Sustainable Development Network

AUGUST 30, 2019

The Inter-American Development Bank (IDB) is supporting countries in the region to achieve these ambitious goals, along with some foreign governments like Germany. The dialogue explored the vision and challenges for countries to achieve decarbonization by 2050.

Paris Agreement 52

Paris Agreement Stranded Assets Decarbonize Climate Change 52

Chris Hall

MAY 6, 2022

Sixty-nine percent of listed equities reporting via CDP’s platform stated they are exposed to water risks that could “generate a substantive change in their business”, said CDP’s report on how water issues are stranding assets. Water risk factors and stranded assets.

Stranded Assets 52

Stranded Assets CDP Banking Development 52

Chris Hall

NOVEMBER 3, 2023

The impact of green swans on financial stability was explored in a paper published by the Bank for International Settlements in 2020. The paper explained that “traditional backward-looking risk assessments” could not accurately anticipate climate-related risks, including green swans.

Paris Agreement 94

Paris Agreement Climate Change Stranded Assets Global Economy 94

Chris Hall

OCTOBER 10, 2022

Financial institutions need to segment their portfolios into transition, net zero-aligned and stranded assets and develop clear emissions reduction plans in line with recognised 2030 and 2050 targets, said Mark Carney, Founder and Co-chair of the Glasgow Financial Alliance for Net Zero (GFANZ). Greater accountability.

Net Zero 52

Net Zero Stranded Assets Banking UNEP 52

Envirotec Magazine

SEPTEMBER 17, 2021

These countries need affordable, reliable and clean energy to support their socio-economic development and to mitigate climate change. Commercial financial institutions worldwide continue to support coal power plant development indirectly, despite having implemented policies to exclude direct financing of new coal-fired generation assets.

Net Zero 52

Net Zero Stranded Assets COP26 Development 52

Chris Hall

MAY 7, 2024

Mining giant BHP’s bid to acquire Anglo-American would create the world’s biggest shipper of metallurgical coal and a global mega-polluter, exposing shareholders to stranded asset risk as the world moves away from fossil fuels, a think tank has warned. German think tank Agora also predicts that DRI will outcompete CCUS.

Stranded Assets 59

Stranded Assets Net Zero Manufacturing Banking 59

Chris Hall

FEBRUARY 3, 2023

Net zero guidance Birt co-led the Institutional Investors Group on Climate Change’s (IIGCC) work to develop net zero guidance for real estate. CRREM also facilitates analysis of stranded asset risk and makes decarbonisation in the commercial real estate sector measurable, he says.

Net Zero 98

Net Zero Stranded Assets Banking Development 98

Chris Hall

SEPTEMBER 20, 2024

FCA rule revision would require fossil fuel companies to explain reserve development while considering climate goals. Last December, NGOs Reclaim Finance and BankTrack led 67 organisations in calling on the world’s top 50 banks to cease all financial support for new metallurgical coal production and expansion.

Climate Change 64

Climate Change Stranded Assets Banking Development 64

Chris Hall

JUNE 23, 2022

The exchanges, and the associated industry of banks, insurers, lawyers and financial services providers, are profiting from activities that are at odds with their countries’ climate commitments and that put investors at risk, the report said. . Nothing could be more clear or present than the danger of fossil fuel expansion.

Net Zero 40

Net Zero Stranded Assets Paris Agreement Divestment 40

Richard Matthews

FEBRUARY 21, 2022

Fossil fuels are at high risk of becoming stranded assets and PEs have a significant stake in the energy sector. In the first half of 2021, 80 percent of energy money went towards renewables or 25 times fossil fuel asset funding. Banks are now providing more funding to clean sources of energy than to fossil fuels.

Impact Investing 76

Impact Investing Value Creation Net Zero Stranded Assets 76

Chris Hall

JANUARY 3, 2024

Dr Tom Gosling, Executive Fellow at London Business School, has argued that some asset managers are effectively pulling their punches on net zero, holding off on implementing their collective and individual commitments, awaiting stronger policy direction from politicians. Lee suggests not. “In

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

Chris Hall

MARCH 2, 2022

Even Germany’s decision to permanently shelve Nord Stream 2 , the partial ejection of Russian banks from Swift , and oil and gas majors exiting equity partnerships with Russian companies in recent days have been ignored by the former intelligence officer. Economic sanctions have so far failed to shake President Vladimir Putin’s resolve.

Net Zero 98

Net Zero Stranded Assets Global Economy Supply Chains 98

Chris Hall

OCTOBER 27, 2023

For a large cap equity team that holds blue chip companies in developed markets, it’s fairly straightforward to provide the necessary climate data, because service providers tend to cover that space pretty well, but it gets difficult with small cap or emerging markets,” he said.

Net Zero 83

Net Zero Supply Chains Supply Chain Stranded Assets 83

Chris Hall

APRIL 20, 2022

C or below will leave a substantial amount of fossil fuels unburned and could strand considerable fossil fuel infrastructure. Depending on its availability, CCS could allow fossil fuels to be used longer, reducing stranded assets.”. Research and development funding has been created in the US, Australia, Canada, Japan and the UK.

Net Zero 52

Net Zero Development Climate Change Stranded Assets 52

Chris Hall

JULY 20, 2022

While Group of Seven governments are announcing grand plans , asset owners in developed markets are increasingly keen to play their part in this transition. . SAS would achieve all Africa’s energy-related development goals “on time and in full”, as well as meeting climate change commitments. of GDP), with two ? estimated ?

Net Zero 52

Net Zero Development Stranded Assets Chief Sustainability Officer 52

Chris Hall

JULY 14, 2023

However, individual, specific, and isolated divestments do not make a significant difference due to the abundance of liquidity in the market.

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

NOVEMBER 16, 2022

Mobilising public and private capital to fund the net zero transition efforts of emerging markets and developing economies (EMDEs) has been a central theme of discussions at COP27 in Egypt. . This explainer will explore the blueprint for the US ETA and consider the role of VCMs is channelling finance from developed markets to EMDEs. .

Net Zero 52

Net Zero Paris Agreement Carbon Offsets Greenwashing 52

Chris Hall

MAY 11, 2022

For example, a decision not to invest in a high-carbon asset because of financial concerns about stranded assets is likely to be seen as consistent with fiduciary duties, providing that the decision is based on credible assumptions and robust processes. However, they also depend upon and can adversely affect them.

UNEP 52

UNEP Net Zero Sustainable Investment Stranded Assets 52

We Mean Business Coalition

NOVEMBER 12, 2021

Read live updates from on the ground in Glasgow, including the latest business announcements, policy breakthroughs and other key developments. . Over 750 companies from across the world are urging governments to phase out coal-fired power generation by 2030 for developed countries and by 2040 for other countries.

COP26 88

COP26 Net Zero Paris Agreement Development 88

Richard Matthews

SEPTEMBER 20, 2021

As reviewed in the Hechinger Report , a fossil fuel-funded group by the name of the NEED Project (National Energy Education Development Project) has made thousands of pages of K-12 industry-friendly climate lesson plans available online. Such petro-pedagogy is not a new phenomenon.

Divestment 62

Divestment Climate Change Stranded Assets Paris Agreement 62

Corporate Knights

APRIL 30, 2025

If thats a euphemism for continuing the status quo approach of expanding fossil fuels, that means pipelines going across Indigenous lands, many billions [of dollars] sunk into stranded assets, and climate harm caused by increased emissions, she said. The U.S.

Climate Change 250

Climate Change Stranded Assets Net Zero Banking 250

Chris Hall

APRIL 22, 2025

Increasing scrutiny highlights growing divide between leaders and laggards, with asset owners attempting to close the gap. The banking sectors journey to net zero emissions has the potential to deliver or dash global climate ambitions but that journey is fraught with challenges and complications.

Banking 52

Banking Net Zero Paris Agreement Stranded Assets 52

Chris Hall

MARCH 29, 2022

Leading US banks and insurers will face votes at their upcoming AGMs asking for policies aligned with the International Energy Agency’s (IEA) net zero roadmap , after challenges to shareholder resolutions were rejected. . Risk of stranded assets . at Trillium Asset Management.? “In degrees Celsius.

Net Zero 52

Net Zero UNEP Banking Stranded Assets 52