Remove Climate Change Remove Decarbonize Remove Net Zero Remove Value Creation
article thumbnail

KKR 2021 Sustainability Report: Climate

3BL Media

DESCRIPTION: Globally, there is an urgent need to take climate action and address related risks and opportunities as we transition to a lower carbon economy. The physical and transition effects of climate change can influence a business’ bottom line and its ability to compete in the future. KKR CLIMATE ACTION STRATEGY.

article thumbnail

Nearly all firms will miss net zero goals without at least doubling rate of emissions reductions by 2030

Envirotec Magazine

While more than one-third (34%) of the world’s largest companies say they are now committed to Net Zero 1 , nearly all (93%) will fail to achieve their goals if they don’t at least double the pace of emissions reduction by 2030, according to a new report from consulting firm Accenture.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Developing a Profound, Climate Strategy Through Deep Decarbonization

Sphera

The Intergovernmental Panel on Climate Change (IPCC) issued its third part of the Sixth Assessment Report on April 4 th , stating that society, industry and companies must focus on carbon minimization and transition from fossil fuels to renewables. Developing a Profound Climate Strategy – How Can Companies Achieve Deep Decarbonization?

article thumbnail

ESG is the private equity industry’s next frontier

Corporate Knights

As of May 2022, the Net Zero Asset Managers initiative (an international group of asset managers committed to net-zero) had grown to 273 investors who collectively manage US$61.3 found that 90% of limited partners factor ESG into their investment decisions, and 77% use it as a criterion in selecting general partners.

Net Zero 303
article thumbnail

3 Guiding Pillars for Companies Looking to Create an Effective Climate Transition Plan

3BL Media

At last year’s COP26 climate conference, the U.K. government released a requirement for all listed companies, asset managers and regulated asset owners to publish climate transition plans by 2030. Illuminate Climate Risks. Meanwhile, the U.N.'s trillion in assets under management (AUM).

article thumbnail

4 ESG trends to watch in 2022

Carlos Sanchez

A court forced Shell to reduce emissions, an activist investor forced ExxonMobil to replace three board members better suited to fight climate change, and Chevron shareholders voted against their board to achieve faster-cut carbon emissions. ESG trends in 2022: Net-Zero ambition. Conclusions.

article thumbnail

A defining moment for ExxonMobil’s biggest shareholders — and for the climate

Sense and Sustainability

This is a watershed moment for the oil and gas industry and leading investors in the race to transition to a net zero energy system. Leading companies across the globe recognize that climate change presents a massive systemic risk, and that solving it is a multitrillion-dollar opportunity. Image courtesy of Flickr.