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The biggest carbon losers

Corporate Knights

But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic. Divestments (8%). 0.124 Retirements and divestments (100%). Divestments (25%). 4 BP PLC Oil & Gas 35,600,000 32,600,000 -0.48 -0.583 Divestments (87%).

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

CDP found that these financed emissions are on average approximately 700 times higher than the organisation's operational emissions. Understanding emission sources in your portfolio For some organisations, scope 3 emissions may be easy to calculate, understand and reduce, such as those deriving from business flights and waste.

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The ESG Explainer: Advance Australia, Finally

Chris Hall

In the absence of mandated reporting, Australian investor networks – CDP, IGCC and the Principles for Responsible Investment – are taking matters into their own hands, releasing a plan of the steps financial regulators and the Australian government can take to adopt mandatory financial disclosure for climate change risks.