Remove Divestment Remove Global Economy Remove Paris Agreement Remove Supply Chains
article thumbnail

Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. They can also divest from high-emitting industries such as thermal coal production. trillion USD in fossil fuels.

Net Zero 147
article thumbnail

The Energy Trilemma: Affordability, Security and Climate

Chris Hall

Russia’s invasion of Ukraine and the corresponding energy crisis, inflation spike and political instability it inflicted on the global economy brought into question whether this act of military aggression should be seen as a help or hindrance to the energy transition. “In Sustainability also needs to extend to the supply chain. “As

COP26 52
article thumbnail

Despite the Headlines, 2021 Was A Year Full of Environmental Victories

Richard Matthews

The final agreement requests parties to come to COP27 next year in Egypt with updated plans on how to slash greenhouse gas emissions by 2030. Under the Paris Agreement, countries were only obliged to update their goals by 2025. trillion in assets, have committed to divest. In a first-of-its-kind lawsuit in the U.S.,