Corporate Knights

AUGUST 9, 2022

The sale marks the third time in the last year that OMERS has divested a major fossil fuel asset. . As pension plan members, we’ve been asking OMERS to either demonstrate how its fossil fuel assets have credible decarbonization pathways or divest them. To limit global heating to 1.5°C, And OMERS might finally be listening. .

Divestment 297

Divestment Net Zero Decarbonize Global Economy 297

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 They can also divest from high-emitting industries such as thermal coal production. trillion USD in fossil fuels.

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

3BL Media

SEPTEMBER 29, 2023

In 2022, GFANZ identified four strategies necessary for financing a whole economy transition to net zero, which collectively comprise “Transition Finance.” These are defined as financing or enabling: The development and scaling of climate solutions; Assets or companies already aligned to a 1.5

Net Zero 147

Net Zero Decarbonize Divestment Global Economy 147

Chris Hall

APRIL 19, 2024

The resources included deep-dive guidelines for seven sectors – including asset owners, asset managers and banks; high-level guidance for 30 sectors of the global economy; and advice on how to undertake a transition planning cycle. At the core of the centre’s thinking is the integrated transition-planning ecosystem.

Paris Agreement 81

Paris Agreement Net Zero Climate Change Banking 81

Chris Hall

APRIL 14, 2023

Charlotta Dawidowski Sydstrand , Head of ESG at AP7, explains how universal owner s can exert collaborative pressure to drive sustainable outcomes in the global economy. This, says Sydstrand, creates a “ripple effect” in the global economy.

Net Zero 52

Net Zero Paris Agreement Divestment Global Economy 52

Chris Hall

APRIL 21, 2023

In its latest synthesis report , the Intergovernmental Panel on Climate Change (IPCC) issued a “final warning”, calling for swift and decisive action to keep global average temperature rise to <1.5°C Averting this cataclysm requires the reduction of global anthropogenic greenhouse (GHG) emissions to net zero by 2050.

Net Zero 52

Net Zero Chief Sustainability Officer Development Climate Change 52

Chris Hall

NOVEMBER 2, 2022

“Unlike previous COPs, you had a group outside of the direct negotiations committing to invest in the condition of our planet in a way that aligned with the requirements to decarbonise the economy.”. That does not mean divesting to ensure the portfolio looks good in the quarterly report.

COP26 52

COP26 Net Zero Global Economy Paris Agreement 52