Corporate Knights

NOVEMBER 24, 2023

By pledging to grow its portfolio of oil and gas assets, CPPIB is making an alarming bet on the world failing to limit global heating to safe levels, putting the CPP at risk from an accelerating energy transition and our retirement security at risk from catastrophic climate change. This “consensus” is imaginary.

Divestment 360

Divestment Climate Scientist Chief Sustainability Officer Net Zero 360

GreenBiz

FEBRUARY 9, 2021

Some previously untargeted companies, brands, institutional investors and geographies will be thrust into the limelight as central problems in the battle against climate change. As a result, we can expect to see personal, political and business incentives tilt in favor of more action to combat climate change.

Greenwashing 395

Greenwashing Climate Change Divestment Net Zero 395

GreenBiz

MARCH 4, 2021

A decade of pressure on companies to report on and reduce their contribution to climate change has created something of a blueprint for investors to demand the same in terms of the separate but interconnected biodiversity crisis.

Supply Chain 545

Supply Chain Supply Chains Banking Climate Change 545

Corporate Knights

JULY 4, 2024

It was 1973 when German insurance firm Munich Re began sounding the alarm on climate change. That year, Axa became the first major insurer to divest from coal. No one expects the insurance industry to solve climate change on its own. But it can start by not making things worse.

Climate Change 227

Climate Change Divestment Development 227

Environmental News Bits

JULY 11, 2022

has opted to pull investments from five energy corporations, joining other faith-based groups in targeting fossil fuel companies over what they say are failures to address climate change. The Presbyterian Church (U.S.A.)

Divestment 75

Divestment Climate Change 75

Corporate Knights

SEPTEMBER 12, 2024

How did the fossil fuel industry manage to raise a generation of climate change deniers? A research group has just identified a big component of that attitude shift: the fossil fuel industry’s decades-long campaign to bury the truth by cozying up to universities and discrediting climate science.

Climate Researcher 243

Climate Researcher Academics Climate Change Divestment 243

Impact Alpha

JUNE 22, 2020

ImpactAlpha, June 22 – The Vatican’s call last week urging Catholic congregations to divest from fossil fuels came in a 225-page manual meant to provide practical steps for implementing Pope Francis’ 2015 encyclical on climate change. Journeying Towards Care For Our Common Home’ calls for the world’s 1.2

Divestment 59

Divestment Climate Change 59

Chris Hall

JUNE 7, 2023

Timing and influencing the market are vital considerations for asset owners when divesting ESG assets. Since the success of the South African apartheid divestment campaign in the 1980s, investors must contend with similar pressure on other ESG issues, such as the growth of campaigns encouraging them to exit fossil fuels or tobacco.

Divestment 52

Divestment Net Zero Climate Change Banking 52

Chris Hall

OCTOBER 5, 2022

An investor’s decision to divest “doesn’t mean an end to all ESG-focused engagement with that company”, according to Eric Nietsch, Head of Sustainable Investing for Asia at Manulife Investment Management. . There’s ultimately a place for both engagement and divestment,” said Nietsch. “If Multi-year effort .

Divestment 52

Divestment Net Zero Paris Agreement Sustainable Investment 52

3BL Media

AUGUST 9, 2024

According to Polman, businesses today are called upon to help find answers for the two major challenges we are facing: climate change and growing inequality. According to Polman, companies should put themselves on the front line and support governments that cannot solve these problems alone.

Divestment 147

Divestment Climate Change Social Sustainability Development 147

Chris Hall

MARCH 4, 2022

More than half of divestments by Norges Bank Investment Management (NBIM) last year were the result of unacceptable social and governance-related risks. This can escalate action to voting, and, when necessary, resort to risk-based divestment. trillion in assets under management (AUM). trillion in assets under management (AUM).

Divestment 52

Divestment Supply Chain Supply Chains Value Creation 52

Chris Hall

MARCH 21, 2022

Institutional and wholesale investors are increasingly willing to divest oil and gas firms and other carbon-intensive holdings to meet net zero commitments, according to a new global study. . Divestment appetite . Both institutional and wholesale investors said they expected to increase their divestment of carbon-intensive assets.

Divestment 52

Divestment Net Zero Climate Change Impact Investing 52

Chris Hall

MAY 17, 2022

The California State Teachers’ Retirement System (CalSTRS) and the California Public Employees’ Retirement System (CalPERS) have “wildly exaggerated” the costs of divesting fossil fuel holdings, according to climate activist group Fossil Free California (FFC). Counting the costs. The funds have estimated combined holdings of US$11.5

Divestment 52

Divestment Net Zero Climate Change 52

ESG Today

DECEMBER 1, 2022

Florida will divest $2 billion of assets managed by BlackRock by the end of the year, according to a statement released Thursday by state Chief Financial Officer Jimmy Patronis, citing the investment manager’s integration of ESG considerations in its investment process. The state’s assets included in the divestment include $1.43

Divestment 136

Divestment Net Zero Global Economy Climate Change 136

Corporate Knights

MARCH 14, 2023

They also recommended that OSFI require institutions to set aside capital buffers (which would hit their bottom line) as protection against climate risks. Implementing their suggestions could force Canadian financial institutions to divest their fossil fuel company loans or refuse to insure oil and gas companies.

Banking 276

Banking Divestment Climate Change 276

3BL Media

FEBRUARY 18, 2022

To capture unrealized value and move toward net zero, investors should continue to invest and prioritize active engagement with ESG laggards on their response to climate change and management of greenhouse gas (GHG) emissions. But this approach misses out on untapped value and potential in the companies that have room to improve.

Net Zero 246

Net Zero Climate Change Divestment COP26 246

ESG Today

MARCH 13, 2023

According to the report, 82% of asset managers currently have voting policies on climate change, compared to only 56% in 2020. Divestment action was much more common in Europe, reported by 74%, than among asset managers in the Americas, at 40%, or in Asia Pacific, at 31%.

Divestment 119

Divestment Climate Change 119

Chris Hall

MAY 27, 2022

Achieved through marginal changes in portfolio allocations and the opportunistic divestment of just a few stocks, such reductions can be used to present an unjustifiably favourable image of the environmental credentials of a portfolio. A theory of (climate) change. The post Divested Interests? C ambition.

Divestment 52

Divestment Net Zero Climate Change 52

ESG Today

FEBRUARY 15, 2024

Launched in 2017, Climate Action 100+ is an investor initiative that has targeted the world’s largest corporate greenhouse gas (GHG) emitters to promote taking necessary action on climate change, and align their business strategies with net zero in order to help limit average global temperature rise to 1.5 degrees Celsius.

Divestment 128

Divestment Net Zero Climate Change Sustainable Investment 128

Corporate Knights

SEPTEMBER 13, 2022

The sustainable finance industry is facing a growing battle on two fronts as Republican lawmakers ramp up a culture war against “woke capitalism” and investors demand more decisive action on climate change. . The company holds more than US$300 billion in fossil fuel investments, including more than $100 billion in Texas companies.

Net Zero 278

Net Zero Banking Divestment Ethical Investment 278

Corporate Knights

FEBRUARY 16, 2022

Blocking climate policy Categorized by the InfluenceMap lobbying red flag metric, which highlights companies that are engaged in corporate lobbying on climate change. Cement carbon laggards Companies in the cement industry that were divested by NBIM. Source: CK) 1. Source: CK) 1. Source: CK, AYS) 10. Source: CK, AYS) 11.

Net Zero 360

Net Zero Negative Screening Divestment Manufacturing 360

ESG Today

OCTOBER 23, 2024

The proposal follows decisions by the pension funds to divest from fossil fuel reserve owners in their public equities portfolio in 2018, and to exclude upstream fossil fuel investments, including exploration and extraction, in their private markets investments in 2023.

Divestment 111

Divestment Global Economy Climate Change Development 111

Environmental News Bits

MARCH 17, 2022

Read the full story from NPR. About ten percent of all investments in the world are now in some kind of environmental or socially aligned fund. And big financial firms like BlackRock – under pressure from shareholders – have joined the trend, attracting investors and positive media coverage by touting environmentally responsible strategies.

Divestment 81

Divestment Climate Change 81

Corporate Knights

OCTOBER 17, 2022

As the Intergovernmental Panel on Climate Change and the International Energy Agency have made clear, limiting global heating to 1.5? It is deeply entangled with the fossil fuel industry through its board and staff. A long-time member of CPPIB’s global leadership team is now CEO of the Canadian Association of Petroleum Producers. .

Net Zero 363

Net Zero Sustainable Investment Zero Carbon Greenwashing 363

Global Renewable News

JUNE 27, 2024

The sharpened strategy will prioritise investments in Norwegian hydropower, market operations, and growth in solar, wind, and batteries in Europe and selected international markets. Statkraft will c.

Divestment 100

Divestment Climate Change 100

ESG Today

OCTOBER 19, 2022

BlackRock, as the largest global investment management company, and a leading voice in the investment community on climate change and energy transition-related themes, has found itself at the center of many of these efforts. The announcement marks the latest move in an ongoing anti-ESG push by Republican politicians in the U.S.,

Divestment 111

Divestment Net Zero Climate Change 111

ESG Today

JANUARY 18, 2023

BlackRock, as the largest global investment management company, and a leading voice in the investment community on climate change and energy transition-related investment themes, has found itself at the center of a vocal anti-ESG movement by Republican politicians in the U.S., So you tell me.”.

Divestment 138

Divestment Decarbonize Climate Change 138

B the Change

APRIL 3, 2023

on understanding how environmental regulation affects investor behavior and the implications for climate change. When environmental regulations, such as the NAAQS, come into effect, investors know it means their companies will take a hit — so, they divest. I’ve focused my Ph.D. This sell-off can be big. Simon Xu is a Ph.D.

Divestment 98

Divestment Climate Change Banking 98

3BL Media

FEBRUARY 22, 2022

As a member of the Executive Committee, Gwenaelle will preside over developing and deploying strategic, sustainability and quality & customer satisfaction initiatives, while steering all mergers, acquisitions and divestment activities globally. as a consultant.

Digital Transformation 130

Digital Transformation Digitalization Divestment Climate Change 130

Corporate Knights

FEBRUARY 20, 2025

In 2016, we created the Clean200 in response to investors saying, If we divest fossil fuels, there is nothing to invest in, says Andrew Behar, CEO of As You Sow and co-author of the Carbon Clean 200 report that accompanies the ranking. They include sustainably certified tech hardware, electric vehicles and electric rail equipment.

Global Economy 288

Global Economy Manufacturing Divestment Negative Screening 288

3BL Media

SEPTEMBER 28, 2022

Climate risk and resilience are largely modeled by insurance companies, looking at how a company’s assets may be affected by rising sea levels, extreme heat, increasing natural disasters and other future climate events as climate change worsens. said Free.

Net Zero 130

Net Zero Divestment Decarbonize Paris Agreement 130

Chris Hall

FEBRUARY 4, 2022

McMurdo says it is critical that large institutional investors unite if they are to realise change. He says: “It’s harder to find [climate] transition plans that are aligned with Paris than it is to find ones that aren’t. Disputing divestment. And McMurdo’s caution about divestment is not limited to the energy sectors.

Net Zero 98

Net Zero Divestment Supply Chain Supply Chains 98

3BL Media

MAY 17, 2022

DESCRIPTION: Last year marked a global shift in corporations adopting low-carbon and net-zero pledges as experts at the United Nations Climate Change Conference , COP26, declared that the climate crisis is at a critical inflection point. KEYWORDS: antea group, Energy Transition, climate change, Net Zero, Carbon Neutral.

Net Zero 130

Net Zero Zero Carbon Climate Change Greenhouse Gas Protocol 130

ESG Today

DECEMBER 19, 2023

BlackRock, as the largest global investment management company, and a leading voice in the investment community on climate change and energy transition-related investment themes, has found itself at the center of a vocal anti-ESG movement by Republican politicians in the U.S., and holding back energy companies from producing oil.

Divestment 128

Divestment Net Zero Climate Change Decarbonize 128

Chris Hall

APRIL 9, 2024

The Danish pension fund for academics has joined the European asset owners opting for divestment, as fossil fuel companies remain at odds with the Paris Agreement. P+, which has more than 110,000 members, recorded a 78.2% P+, which has more than 110,000 members, recorded a 78.2%

Divestment 59

Divestment Paris Agreement Net Zero Academics 59

ESG Today

NOVEMBER 16, 2023

Nadja Picard, Global Reporting Leader, PwC Germany, said: “We are seeing significant steps towards more consistent reporting from companies around climate change, however there is a need for improvement.”

Greenwashing 126

Greenwashing Divestment Sustainable Investment Climate Change 126

ESG Today

MARCH 6, 2024

Launched in 2017, Climate Action 100+ is an investor initiative that has targeted the world’s largest corporate greenhouse gas (GHG) emitters to promote taking necessary action on climate change, and align their business strategies with net zero in order to help limit average global temperature rise to 1.5 degrees Celsius.

Divestment 111

Divestment Net Zero Climate Change 111