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‘NOCs’ Knock Investors off Net Zero Track

Chris Hall

Last month , a panel of UN-appointed human rights specialists sent letters to Aramco and its financiers – including BNP Paribas and Goldman Sachs – warning that the company may be in violation of global human rights rules due to its significant contribution to climate change.

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NBIM: Future Returns a Function of Net Zero Transition

Chris Hall

NBIM will be examining the “robustness” of companies’ transition plans by analysing their governance structures, capital allocation frameworks, carbon price assumptions, and use of quality carbon offsets. . “We Mitigating and adapting to climate change is also associated with significant economic opportunities.” .

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All Systems go for Net Zero

Chris Hall

This means the companies are on a pathway to net zero, according to a third-party assessment, but that’s not necessarily the same as targeting net zero by 2050 and may not be consistent with the remaining carbon budget. It may, for example, include predictions on new forms of technology or substantial use of carbon offsets.”