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To Meet Net Zero, Prioritize ESG Laggards

3BL Media

DESCRIPTION: On the heels of COP26, investors are not only thinking about the climate-related risks of companies within their portfolios, but they are also considering whether to make new investments or maintain existing investments in high-emitting companies or countries going forward. Engaging for Net Zero.

Net Zero 246
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Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. As fossil fuel companies' social license to operate becomes increasingly frayed, more industries in their orbit are getting entangled in the reputational quagmire that is now part and parcel of any activity that exacerbates the climate crisis.

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All Systems go for Net Zero

Chris Hall

C, and investee companies are not yet facing full scrutiny of their net zero transition strategies, posing challenges for institutional investors committed to decarbonising their portfolios in line with the Paris Agreement. Others might set a target for some or all portfolio companies to be net zero aligned by 2030.

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Divestment Doesn’t Close Door on Engagement

Chris Hall

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 .

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Is the insurance industry walking away from fossil fuels?

Corporate Knights

In August of that same year, reinsurance company Munich Re published a report on the devastating impacts of recent floods, warning of the risks of climate change. It’s the result of rapidly increasing underwriting losses to climate-driven events that insurers and reinsurers are seeing worldwide.”

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2020: Fossil fuels are dead, long live the sun

GreenBiz

Consider this: In April, Royal Dutch Shell, one of the largest companies in the world, announced its intent to become a net-zero carbon company by 2050. Extreme weather events are the biggest contributor to power outages and will increase with climate change, which the Department of Energy estimates costs the U.S.

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The ESG Interview: Learn from the Past, Look to the Future

Chris Hall

This overtook the Marinara dam disaster as Brazil’s most catastrophic environmental event, which killed 19 people and destroyed the village of Bento Rodrigues in 2015. The authorities and companies involved must step up as soon as possible and prevent these wholly unacceptable events.”. Disputing divestment.