3BL Media

SEPTEMBER 29, 2023

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 For example, they can engage with their portfolio companies to support emission reduction targets in line with climate science.

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

Chris Hall

NOVEMBER 30, 2023

Climate Action 100+ (CA100+) has increased investor representation on its global steering committee, adding Phoenix Group Head of Stewardship Valeria Piani alongside five others to further expand its geographic experience and expertise.

Net Zero 57

Net Zero Climate Change Paris Agreement Sustainable Investment 57

Chris Hall

JANUARY 3, 2024

COP28 reminded investors of the difficulties involved in reaching inter-governmental consensus on intensifying climate action. C of warming, the Inevitable Policy Response calculates that current government policies, ie those in place pre-COP28, will only limit climate change to 1.8°C

Net Zero 69

Net Zero Paris Agreement Stranded Assets Climate Change 69

Chris Hall

MARCH 10, 2022

UK pension schemes will be required to demonstrate alignment with the Paris Agreement from October, but will also be given greater flexibility to make climate-positive investments as well as new stewardship guidance, Work and Pensions Secretary Therese Coffey confirmed today. degrees Celsius.

Net Zero 52

Net Zero Paris Agreement Stewardship Code Climate Change 52

Chris Hall

SEPTEMBER 18, 2023

Research will span the introduction of the Paris Agreement in 2016 to the conclusion of the 2023 proxy season, with the aim of comparing the voting patterns of asset owners and managers.

Paris Agreement 57

Paris Agreement Climate Change Divestment Net Zero 57

Chris Hall

APRIL 14, 2023

In its annual sustainability report , it details how its universal owner status means its stewardship framework must manage risks related to climate change, biodiversity loss, and human rights. The post The “Ripple Effect” of Universal Ownership appeared first on ESG Investor.

Net Zero 52

Net Zero Paris Agreement Divestment Global Economy 52

Chris Hall

JULY 14, 2023

We have primarily concentrated on the oil and gas industry, but the outcomes have been disappointingly limited, particularly with recent target reversals. “It may be necessary to reconsider our approach.” However, for some investors the limited progress of the oil and gas industry on climate forced them to cut ties with the sector.

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

MAY 27, 2022

When it comes to gathering the collective will to tackle climate change, it is often argued that public policy actions and private sector commitments are mutually reinforcing, spurring each side to go further and faster. The private sector’s ability to accelerate the pace of net zero transition is open to question.

Net Zero 52

Net Zero Stranded Assets Paris Agreement Greenwashing 52

Chris Hall

JUNE 23, 2023

Stephanie Maier , Founding Global Steering Committee Member at Climate Action 100+, says the initiative’s second phase will priorit ise “ actual emissions reductions, not just targets ”. n December 2015, the world took a vital step in tackling climate change by adopting the Paris Agreement.

Net Zero 52

Net Zero Paris Agreement Climate Change Divestment 52

Chris Hall

MAY 5, 2023

Asset owners have been urged to “scrutinise” the investment practices of their managers, following new research highlighting that asset managers committed to net zero have billions invested in oil and gas companies failing to align with the goals of the Paris Agreement.

Net Zero 52

Net Zero Paris Agreement Banking Climate Change 52

Chris Hall

MAY 6, 2022

These are aligned with and complementary to the investor net-zero alliances guidance, providing a good stepping stone for investors early on in their net-zero journeys that accounts for differences in progress in investors’ climate journeys. engagement, divestment & exclusions, climate solution financing, and (within) sector reallocation.

Net Zero 52

Net Zero Paris Agreement Divestment Decarbonize 52

Chris Hall

NOVEMBER 4, 2022

While responding to customer or limited partner demand for ESG investments, funds are also looking to ESG-screened investments to outperform other investments because they have identified and better managed macro risks such as climate change and social unrest. Indeed, more than US$500 billion poured into ESG?oriented

Divestment 52

Divestment Paris Agreement Sustainable Investment Climate Change 52

Chris Hall

JULY 21, 2023

As the urgency to address climate change intensifies, institutional investors have a crucial role to play in driving sustainable practices and advancing climate actions. Institutional investors have a critical role to play in addressing climate change, and Article 9 funds provide a valuable avenue for their participation.

Sustainable Investment 52

Sustainable Investment Greenwashing Climate Change Paris Agreement 52

Chris Hall

SEPTEMBER 7, 2023

The targets of 24 of the companies were found to not be aligned with the goals of the Paris Agreement. But Carbon Tracker chose to exclude fully state-owned NOCs and companies based in Russia, describing them as “[firms] over which investors have little influence”.

Net Zero 77

Net Zero Carbon Offsets Paris Agreement Divestment 77

James Militzer

MARCH 2, 2023

C threshold (above pre-industrial levels) stipulated in the Paris Agreement. These young people have grown up under the shadow of climate change, and they rightly view it as a threat to their future. As we move further into 2023, it can take a lot of energy to think about energy.

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Supply Chains Supply Chain Climate Change Development 88

Chris Hall

JUNE 2, 2023

Perhaps more encouragingly, almost a fifth of shareholders voted in favour of resolutions calling on ExxonMobil and Shell to accurately disclose the role of asset transfers in their reported GHG emissions reductions, which would stop them claiming CO2 cuts from divestments.

Paris Agreement 52

Paris Agreement Climate Change Divestment Supply Chains 52

Chris Hall

FEBRUARY 9, 2024

The Institutional Investors Group on Climate Change , however, remained optimistic , endorsing the 2040 Impact Assessment’s recognition of the need for a collaborative approach to project pipelines and finance models, based on a “predictable and simplified” regulatory environment.

Net Zero 74

Net Zero Paris Agreement Green Investing Climate Change 74

Chris Hall

MAY 19, 2022

Thirty-seven of the 60 assessed asset owners and managers have not provided aggregate statistics on their climate change engagements, and only 29 said they monitor the progress of their engagements – climate-related or otherwise. Only ten of the 29 have reported on that progress. .

Net Zero 52

Net Zero Climate Change Paris Agreement Divestment 52

Chris Hall

JULY 6, 2022

Stewardship is widely considered one of the most effective tools in an asset owner’s toolbox to ensure companies are prioritising ESG-related issues, such as mitigating the effects of climate change. . “ Plotting a path to Paris .

Net Zero 52

Net Zero Stewardship Code Paris Agreement Climate Change 52

Chris Hall

JUNE 23, 2022

C, in line with the Paris Agreement goal. . “If Embedded emissions in the fossil fuel reserves of listed companies – the amount of CO2 that would be released if they were extracted and burned – have grown by nearly 40% in the last decade, the research found, despite a growing urgency to tackle climate change risks. .

Net Zero 40

Net Zero Stranded Assets Paris Agreement Climate Change 40

Chris Hall

AUGUST 4, 2023

billion) in AuM – will continue to collaborate with the NZAOA on engagement topics and will stay in close contact, CoEPB Director of Climate and Environment Laura Hillis told ESG Investor , adding that the CoE’s endowment fund (US$10.3billion in assets) – managed by the Church Commissioners for England – will remain part of the NZAOA.

Net Zero 52

Net Zero Climate Change Paris Agreement Divestment 52

Chris Hall

AUGUST 22, 2022

“The Climate Action Plan is just one aspect of our approach,” Minns told ESG Investor. “We But in the immediate term climate change rose to the fore and we wanted to put our plan on paper.” . Multi-pronged climate engagement . We are looking at our approach across a variety of other environmental and social factors.

Net Zero 52

Net Zero Paris Agreement Divestment Climate Change 52

Chris Hall

AUGUST 31, 2022

Regulators recently published results of their analyses of UK corporates’ 2021 filings on climate risks and governance. Reporting in line with the TCFD framework, which measures financial risk linked to climate change, ought not to be the full story for pension schemes, added Martindale. Cabove pre-industrial levels.

Climate Change 52

Climate Change Net Zero Paris Agreement Divestment 52

Chris Hall

MARCH 27, 2024

trillion) in AUM and 5% of Shell’s stock co-filed a climate resolution with Follow This at the oil and gas major. No one is advocating for turning the oil and gas taps off overnight, as this would cause massive global economic upheaval. The ball is now in the investors’ court. “But

Paris Agreement 132

Paris Agreement Climate Change Divestment Banking 132

Chris Hall

MARCH 23, 2022

Despite suffering severe impacts from climate change, Australia remains married to coal, but alternative energy opportunities are emerging. Many of the communities dealing with this recent flooding have already had to deal with a range of cascading climate events in recent years.

Net Zero 52

Net Zero Climate Change COP26 Climate Action Tracker 52

Edouard Stenger

NOVEMBER 30, 2018

More recently, another study showed it had to be done in OECD nations to comply with the Paris Agreement targets. Ending fossil fuels subsidies and divesting away from coal will put the final nails in the coffin. A 2010 US study showed that stopping burning coal could be done by 2030 with renewables and energy efficiency.

Divestment 52

Divestment Paris Agreement Waste Banking 52

Chris Hall

NOVEMBER 2, 2022

Potential for Paris-aligned gains to replace Russia-inflicted short-term pain at COP27. If the aim of restricting climate change to within the Paris-agreed 1.5°C The science tells us that we are going to be confronted by an adverse climate situation over the next decade,” said Abadie.

COP26 52

COP26 Net Zero Global Economy Paris Agreement 52

Chris Hall

JUNE 21, 2022

Data gaps shouldn’t prevent large pension schemes from beginning to measure and disclose the extent of portfolio alignment with the Paris Agreement, said the UK government following its consultation on climate and investment reporting. C temperature pathway.

Paris Agreement 52

Paris Agreement Stewardship Code Climate Change Divestment 52

Chris Hall

MARCH 17, 2023

In Interlaken, Switzerland, governments conducted the painstaking business of approving the key messages for policymakers of the latest Synthesis Report from the Intergovernmental Panel on Climate Change (IPCC), aka the world’s foremost climate scientists. In Canada and Europe, the emphasis is on transition.

Net Zero 52

Net Zero Paris Agreement Divestment Climate Scientist 52

Chris Hall

FEBRUARY 11, 2022

In September, the CMA issued a consultation to help inform its advice to the UK government on how competition and consumer regimes can better support the UK’s Net Zero and sustainability goals, including preparing for climate change. Limits to power of collaboration. Removing impediments.

Net Zero 97

Net Zero Climate Change Paris Agreement Divestment 97

Chris Hall

APRIL 12, 2023

And while there are instructive parallels with the catalytic impact of the Paris Agreement on identifying and mitigating climate risks by the private sector, there are also important differences. Critically, assessing nature risks is undoubtedly a more multi-faceted process than counting greenhouse gas (GHG) emissions.

Supply Chains 52

Supply Chains Supply Chain Divestment CDP 52

Chris Hall

MAY 17, 2023

Oil and gas major Shell is under increasing pressure ahead of its annual general meeting (AGM) on 23 May, with asset owners like PGGM and the Church of England Pensions Board announcing their support for a shareholder proposal calling for the company to align its Scope 3 emissions target with the Paris Agreement. Car manufacturer Toyota is facing (..)

Stewardship Code 52

Stewardship Code Net Zero Paris Agreement Divestment 52

Chris Hall

MARCH 25, 2022

British businesses with over 500 employees and £500 million in turnover join pension funds with £5 billion or more in assets – and asset managers and insurers with a premium listing – in producing an annual report that explains how they are managing the risks and opportunities presented by climate change.

Paris Agreement 52

Paris Agreement Climate Change Net Zero Supply Chains 52

Chris Hall

FEBRUARY 14, 2023

More than nine out of ten (92%) focus companies have some level of executive oversight of material climate-related issues, and 75% of companies have committed to net zero by 2050. We’ve made a lot of progress in terms of changing conversations with companies; talking about net zero is normalised.”

Net Zero 52

Net Zero Paris Agreement Climate Change Banking 52

Chris Hall

AUGUST 4, 2023

In June, the Church of England Pensions Board (CoEPB) and Church Commissioners said they would divest from oil and gas firms failing to align with climate goals, with energy majors, including BP, ExxonMobil and Shell, among others.

Paris Agreement 52

Paris Agreement Academics Divestment Climate Change 52

ESG Today

OCTOBER 11, 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 publication of the new site follows a growing anti-ESG push by Republican politicians in the U.S.,

Net Zero 75

Net Zero Divestment Paris Agreement Climate Change 75

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. Clients need to vote with their money.

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Net Zero Divestment Decarbonize Paris Agreement 130