ESG Today

OCTOBER 19, 2023

The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced today the issuance of a set of consultation papers with proposed guidelines on net zero transition planning for financial institutions, including banks, insurers and asset managers.

Net Zero 88

Net Zero Divestment Banking Climate Change 88

Chris Hall

JANUARY 3, 2024

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.

Net Zero 67

Net Zero Paris Agreement Stranded Assets Climate Change 67

Chris Hall

MAY 25, 2023

The large UK asset owner releases its first net zero transition plan, warning longer-term goals will be difficult without robust policy support. trillion investment portfolio through tilting its portfolio toward climate-positive investments and increasing its stewardship efforts with carbon-intensive investee companies.

Net Zero 52

Net Zero Divestment Chief Sustainability Officer Climate Positive 52

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. “We

Net Zero 52

Net Zero Paris Agreement Stewardship Code Climate Change 52

3BL Media

AUGUST 24, 2022

Our principal subsidiary, SCE, delivers power to customers entirely within the state of California, which has some of the most ambitious science-based climate change goals in the U.S. Among other things, SCE divested from and terminated all contracts with coal-burning resources and, since 2015, has had no coal in its specified portfolio.

Climate Change 130

Climate Change Net Zero Decarbonize Divestment 130

Chris Hall

FEBRUARY 16, 2024

This appears to be growing, with increasing numbers in the latter camp moving further in the opposite direction, favouring divestment over engagement – at least as far as the highest emitters are concerned.

Banking 75

Banking Divestment Net Zero Academics 75