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. Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

Chris Hall

APRIL 19, 2024

The resources included deep-dive guidelines for seven sectors – including asset owners, asset managers and banks; high-level guidance for 30 sectors of the global economy; and advice on how to undertake a transition planning cycle. Some companies may also need to tap into some form of government support.

Paris Agreement 81

Paris Agreement Net Zero Climate Change Banking 81

Chris Hall

OCTOBER 7, 2022

Pillars of the post-WW2 global financial system are not yet on the same page for climate risk and sustainable development. Immediately and gradually – The IMF’s latest World Economic Outlook calculated that keeping on track to meet the goals of the Paris Agreement by 2030 would cost between 0.15-0.25% of inflation a year. “If

Negative Screening 52

Negative Screening Supply Chains Supply Chain Divestment 52

Chris Hall

JANUARY 3, 2024

Now they must wait to see how signatories to the Paris Agreement act on the commitments outlined in the official response to the Global Stocktake, as well as multiple other pledges announced across the two weeks before that final text was signed, sealed and gavelled.

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

Chris Hall

NOVEMBER 4, 2022

In particular, many states have enacted laws or other policies requiring state entities to integrate sustainability factors into their investment policies, processes and decisions. For instance, Illinois enacted the Illinois Sustainable Investing Act in 2019. Legislators in New Jersey have introduced a similar bill.

Divestment 52

Divestment Paris Agreement Sustainable Investment Climate Change 52

Chris Hall

MAY 17, 2023

Oil and gas major Shell is under increasing pressure ahead of its annual general meeting (AGM) on 23 May, with asset owners like PGGM and the Church of England Pensions Board announcing their support for a shareholder proposal calling for the company to align its Scope 3 emissions target with the Paris Agreement. Car manufacturer Toyota is facing (..)

Stewardship Code 52

Stewardship Code Net Zero Paris Agreement Divestment 52

3BL Media

JANUARY 11, 2023

The price signal from the biggest market in term of traded value, the European Union, will be muted as lawmakers eye carbon as a piggy bank to fund the bloc’s shift from Russian gas. 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.

Supply Chains 130

Supply Chains Supply Chain Paris Agreement Divestment 130