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

Originally posted on GFANZ on September 19, 2023 The Glasgow Financial Alliance for Net Zero (GFANZ) Secretariat today launched a consultation on its work to further refine the definitions of its transition finance strategies and support financial institutions to forecast the impact of these strategies on reducing emissions.

Net Zero 147

Net Zero Decarbonize Divestment Global Economy 147

Chris Hall

APRIL 19, 2024

The UK’s Transition Plan Taskforce (TPT) hit a significant milestone last week with the release of its final set of transition plan resources to help businesses mobilise finance for the net zero transition. 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

Averting this cataclysm requires the reduction of global anthropogenic greenhouse (GHG) emissions to net zero by 2050. The transformation of the global economy will take US $9.2 Balancing act The road to net zero is inextricably linked to the phasing out of fossil fuels.

Net Zero 52

Net Zero Chief Sustainability Officer Development Climate Change 52

Chris Hall

NOVEMBER 2, 2022

Despite the precariousness of the pathway to net zero, COP26 generated a renewed sense of urgency and optimism as to how to support emerging markets and deal with heavy greenhouse gas emitters. 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