Chris Hall

JANUARY 30, 2024

This could stem from campaigns which lobby for divestment from polluting companies or projects. “In our view, the risk to investors from ESG or climate litigation remains primarily indirect,” Mark Banks, Dispute Resolution Senior Associate at Baker McKenzie told ESG Investor.

Greenwashing 77

Greenwashing Stranded Assets Banking Net Zero 77

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. Carney was speaking at the Net Zero Delivery Summit, organised by the City of London Corporation, in association with COP26 Presidency UK and GFANZ. C net zero transition.

Stranded Assets 52

Stranded Assets Net Zero COP26 Banking 52

GreenBiz

MAY 20, 2021

In its landmark Net Zero report , the IEA said that there is still a path to limit global warming to 1.5 If the world heeds that advice, we’ll leave a lot of stranded assets lying around. degrees Celsius and avert the worst effects of climate change, but to do so we have to cease oil and gas exploration immediately.

Stranded Assets 394

Stranded Assets Net Zero Sustainability Professional Regenerative 394

Chris Hall

JANUARY 30, 2024

This could stem from campaigns which lobby for divestment from polluting companies or projects. “In our view, the risk to investors from ESG or climate litigation remains primarily indirect,” Mark Banks, Dispute Resolution Senior Associate at Baker McKenzie told ESG Investor.

Greenwashing 57

Greenwashing Stranded Assets Net Zero Banking 57

3BL Media

MAY 17, 2022

The financial system is increasingly seen as crucial to averting such a scenario – not only to shift toward green investments, like renewable energy, but also to reallocate capital from fossil fuel-related investments to be consistent with net-zero goals. Today, we need three to six times more investment to maintain a livable climate.

Net Zero 130

Net Zero Climate Change Stranded Assets Supply Chains 130

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

FEBRUARY 3, 2023

Research by the International Energy Agency (IEA) shows that a major push on energy efficiency could save the equivalent of China’s annual energy usage, as well as 33% of the total additional net zero emission reductions required by 2030. It is also a positive stimulator of growth.”

Net Zero 98

Net Zero Stranded Assets Banking Development 98

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. . “If C Paris climate target, according to think tank Carbon Tracker. .

Net Zero 40

Net Zero Stranded Assets Paris Agreement Climate Change 40

Chris Hall

JUNE 2, 2022

The Monetary Authority of Singapore (MAS) has published new information papers on environmental risk management for banks , insurers and asset managers. Apart from climate-related risks, banks and insurers have yet to make meaningful progress to address other environmental risk factors, such as biodiversity loss.

Banking 52

Banking Stranded Assets Net Zero Sustainable Investment 52

Corporate Knights

JANUARY 25, 2023

BASF resists the characterization, pointing to its track record – since 1990, the company has reduced its greenhouse gas emissions by 50% – and its objective to achieve net-zero by 2050 (five years later than the German national target of 2045). Investor pushback Investors are paying attention.

Climate Change 303

Climate Change Net Zero Stranded Assets Shipping 303

Chris Hall

JULY 31, 2023

The Real World Climate Scenarios initiative aims to address the issue by developing more relevant scenarios that integrate the complex the overlapping impacts such as geopolitical, extreme weather events, migration and stranded assets, among others.

Climate Change 98

Climate Change Stranded Assets Banking Climate Scientist 98

Envirotec Magazine

SEPTEMBER 17, 2021

This stands in contrast with China’s domestic energy policy, which is prioritizing a transition to renewable energy, peak emissions before 2030 and a net-zero economy by 2060. Of course, China is not the only culprit. The full knowledge brief is available here.

Net Zero 52

Net Zero Stranded Assets COP26 Development 52

Chris Hall

JULY 14, 2023

According to research by MSCI, nearly half (44%) of listed companies have now set decarbonisation targets, representing an eight-percentage-point increase than was reported in the October 2022 MSCI Net-Zero Tracker , but only 17% of those targets would align with the 1.5°C

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

OCTOBER 27, 2023

These might include capex plans and their alignment with the company’s climate strategy, but also net zero commitments, as well as the policies they are or are not supporting through lobbying. This has echoes of the issue of stranded assets arising from decarbonisation of the energy supply over the past decade or so.”

Net Zero 81

Net Zero Supply Chains Supply Chain Stranded Assets 81

Corporate Knights

JULY 25, 2023

With the World Bank, the World Trade Organization, and environmental groups all in agreement, he added, “getting rid of inefficient fossil fuel subsidies is now a common sense bottom line.” “The simple reality is that it’s no longer free to pollute in Canada,” Guilbeault told media Monday morning. “We Carbon Capture Backed by Carbon Offsets?

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Chris Hall

SEPTEMBER 29, 2023

According to the International Energy Agency , the world needs to cut 90% of coal use by 2050 and phase out all unabated coal power plants by 2040 to achieve net-zero emissions and avoid the worst impacts of climate change. These plants are expected to operate for decades and risk becoming “stranded assets” if they retire early.

Development 65

Development Net Zero Supply Chains Supply Chain 65

Chris Hall

MARCH 16, 2022

Launched in 2018, they act as a global guiding framework for banks, insurers and investors. They were developed by the European Commission, World Wide Fund for Nature (WWF), the World Resources Institute and the European Investment Bank (EIB) and are hosted by UNEP FI as part of the Sustainable Blue Economy Finance Initiative.

UNEP 98

UNEP Banking Paris Agreement Stranded Assets 98

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. Are returns no longer first among equals?

UNEP 52

UNEP Net Zero Sustainable Investment Stranded Assets 52

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

Richard Matthews

FEBRUARY 21, 2022

According to a report published by Ceres , the Net Zero Asset Managers initiative has grown to 128 investors who collectively manage $43 trillion. Fossil fuels are at high risk of becoming stranded assets and PEs have a significant stake in the energy sector. More Funds Diverted to Sources of Renewable Energy.

Impact Investing 77

Impact Investing Value Creation Net Zero Stranded Assets 77

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).

Net Zero 52

Net Zero Stranded Assets Banking UNEP 52

Chris Hall

APRIL 20, 2022

Net-zero CO2 energy systems entail: a substantial reduction in overall fossil fuel use, minimal use of unabated fossil fuels, and use of CCS in the remaining fossil system,” says the report. C or below will leave a substantial amount of fossil fuels unburned and could strand considerable fossil fuel infrastructure.

Net Zero 52

Net Zero Development Climate Change 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 . expanded the prohibition of ‘micromanagement’ by investors. .

Net Zero 52

Net Zero UNEP Banking 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. . They receive mixed signals from their stakeholders and regulators on the appropriate role carbon credits play in net zero strategies.” .

Net Zero 52

Net Zero Paris Agreement Carbon Offsets Greenwashing 52

Chris Hall

JULY 20, 2022

IRENA says that Africa’s current and historically limited contributions to global climate change means that “the cost of decommissioning these fully functional stranded assets should not fall on African governments or consumers”. . It is clear that public and private financial institutions both have a key role to play.

Development 52

Development Net Zero Stranded Assets Chief Sustainability Officer 52

We Mean Business Coalition

NOVEMBER 12, 2021

The actions being taken by signatories to WorldGBC’s Net Zero Carbon Buildings Commitment to tackle whole life carbon are critical because they are driving emissions reductions now and in the future. The businesses and organizations signed up to the commitment account for approximately 6.5 ANALYSIS: . ANALYSIS: .

COP26 88

COP26 Net Zero Paris Agreement Development 88

Jon Hale

SEPTEMBER 1, 2022

The AG letter contends that BlackRock’s commitment to accelerate net zero emissions across all of its assets, regardless of client wishes, is somehow political or unfair to clients who don’t want to invest in the energy transition. with your entire bank account on the line.” Why use ESG information? “If

Climate Change 52

Climate Change Net Zero Stranded Assets Supply Chains 52