Remove Divestment Remove Global Economy Remove Paris Agreement Remove Waste
article thumbnail

Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

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.

Net Zero 147
article thumbnail

The “Ripple Effect” of Universal Ownership

Chris Hall

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Trustees to Engage with Future

Chris Hall

It is through good stewardship that corporate engagement can drive high carbon emitting companies to develop and implement a net zero transition plan, which will ultimately help to decarbonise the global economy,” says Stephanie Pfeifer, CEO at the Institutional Investors Group on Climate Change (IIGCC). .

article thumbnail

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

Richard Matthews

On Earth Day, President Biden pledged to reduce global warming emissions by 50 percent by 2030 compared to 2005 levels. This law will help America to reduce energy waste, and improve resiliency. 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.