ESG Today

AUGUST 28, 2022

Texas Places BlackRock, Credit Suisse & UBS on Divestment List for “Boycotting” Fossil Fuel Companies in Anti-ESG Backlash. Sealed Air Invests $9 Million in Solar Farm to Power California Manufacturing Facility. Firmenich Commits to Net Zero Emissions by 2039, Climate Targets Approved by SBTi. Government & Regulators.

Supply Chain 137

Supply Chain Supply Chains Net Zero Divestment 137

ESG Today

FEBRUARY 27, 2023

The proposals were voted down by the Wyoming House of Representatives Appropriation Committee, which unanimously recommended not passing both bills. The post Wyoming Joins List of States Rejecting Anti-ESG Measures appeared first on ESG Today.

Divestment 140

Divestment Banking Manufacturing 140

Chris Hall

MARCH 19, 2024

This included goods made outside the EU using forced labour, as well as products manufactured in the EU containing parts from forced labour abroad. More than six million people in forced labour engaged in industrial sectors, including mining and quarrying, manufacturing, construction and utilities. million in 2016.

Supply Chain 69

Supply Chain Supply Chains Divestment Manufacturing 69

Chris Hall

MARCH 19, 2024

This included goods made outside the EU using forced labour, as well as products manufactured in the EU containing parts from forced labour abroad. More than 6 million people in forced labour engaged in industry sector activities, including mining and quarrying, manufacturing, construction and utilities. million in 2016.

Supply Chain 59

Supply Chain Supply Chains Divestment Manufacturing 59

3BL Media

MAY 26, 2022

Furniture manufacturer and retailer IKEA has launched several resale pilots in the last few years. These regulations help ensure that the manufacturer of a product is responsible for its ultimate recycling, reuse, or disposal. Rental, repair, and resale models are also gaining ground in the retail industry. Taking Responsibility.

Supply Chain 130

Supply Chain Supply Chains Waste Manufacturing 130

3BL Media

FEBRUARY 16, 2024

In Vayres, the heat is used to pre-heat recycled glass – an important raw material in glass manufacturing – which in turn reduces energy consumption manufacturing process. The heat recovered from the Reims plant is used in domestic homes in the local community. dollar, (18) changes in tax laws or U.S.

Supply Chain 147

Supply Chain Supply Chains Decarbonize Divestment 147

3BL Media

AUGUST 1, 2022

Latest innovation in hi-tech and sustainable glass manufacturing. The production facility is also expected to set new standards in sustainable glass manufacturing. This new facility in Warren County will create great job opportunities for our residents and bring innovative new technology to Kentucky’s manufacturing sector.

Manufacturing 130

Manufacturing Divestment Supply Chain Supply Chains 130

3BL Media

MAY 17, 2022

Process emissions produced by manufacturing or production. Coca-Cola HBC Industry: Beverage manufacturing Headquarters: Switzerland. Mobile emissions from company fleet vehicles. Stationary emissions from on-site heating fuels. Fugitive emissions like leaking refrigeration or air conditioning units. Electricity.

Net Zero 130

Net Zero Zero Carbon Climate Change Greenhouse Gas Protocol 130

Chris Hall

JANUARY 25, 2024

Many investors also stated that it was critical for them to remain invested in green energy industries, and that divestment was typically used as a last resort. However, it was unclear what factors would trigger strategic divestment and on what timeline.

Supply Chain 64

Supply Chain Supply Chains Divestment Climate Change 64

3BL Media

APRIL 7, 2022

Value chains are global and as such, investors have the unique power to hold companies accountable for child labor practices, environmental degradation and poor governance through divestment or the funding of competitors.

Climate Change 100

Climate Change Divestment Supply Chain Supply Chains 100

Chris Hall

NOVEMBER 4, 2022

Other states have passed or introduced legislation designed to divest from industries like fossil fuels. ESG states has passed or introduced laws requiring divestment from companies that “boycott” the fossil fuel industry. 4] Model legislation targets banks that divest from fossil fuel companies , ABC News (Dec.

Divestment 52

Divestment Paris Agreement Sustainable Investment Climate Change 52

Chris Hall

OCTOBER 4, 2023

Wiener notes how members of California’s Assembly claimed to calculate Scope 3, a supermarket like US’ Target, which sells grills, would have to call the grill manufacturer and get a list of everyone who bought it from their stores, call them up, and find out how often they’re using the grill.

Greenhouse Gas Protocol 136

Greenhouse Gas Protocol Climate Change Supply Chain Supply Chains 136

Chris Hall

JUNE 13, 2024

He cited the IRA as an example of a government initiative having successfully triggered a manufacturing and investment renaissance. That doesn’t happen overnight, because just divesting and allowing another investor to purchase the asset isn’t the answer. We need long-term support to move to an alternative [energy source].”

Net Zero 89

Net Zero Divestment Supply Chain Supply Chains 89

Chris Hall

FEBRUARY 9, 2024

This can be far easier at the commodities level than at the company level, which often degenerates into a complex jurisdictional or commodity divestment discussion that shuts doors rather than opens them. Divestment hasn’t worked as a theory of change and for large investors never could work once Scope 3 emissions were accounted for.

Divestment 59

Divestment Supply Chain Supply Chains Net Zero 59

Chris Hall

SEPTEMBER 6, 2024

Not the end of the road – Chinese-owned automobile manufacturer Volvo said it would not be able to honour its 2021 pledge to phase-out fossil-fuelled cars beyond 2030. A selection of the major stories impacting ESG investors, in five easy pieces. The road to a just transition proved more than a little bumpy this week.

Divestment 80

Divestment Net Zero Climate Change Banking 80

3BL Media

JANUARY 11, 2023

The divestment movement will wane. The US is poised for a breakout year due to the combination of new EV manufacturing capacity and a refreshed federal tax credit but will still lag Europe and China. Leaders will seek ways finance can really affect the transition, not just associate with the positive. Energy Storage – Pricey Metals.

Supply Chain 130

Supply Chain Supply Chains Paris Agreement Divestment 130

Chris Hall

MAY 3, 2024

Auditors have been shut down, raided, and threatened with calls for divestment as a result of their attempts to conduct human rights due diligence in the region. Replacing sourcing and manufacturing for those sectors will not be an easy task, but is not only possible – it is necessary.

Supply Chain 92

Supply Chain Supply Chains Divestment Development 92

Chris Hall

OCTOBER 6, 2022

Carbon Tracker surveyed companies from the fossil fuel, mining, manufacturing, automotive and technology sectors that are targeted for engagement by the investor-led Climate Action 100+ initiative. She added: “Investors may choose not to divest. Start penalising auditors”. They have to make that decision themselves.

Divestment 52

Divestment Net Zero Stranded Assets Greenwashing 52

Chris Hall

OCTOBER 7, 2022

Divestment from Russian investments was a complex affair and an incomplete one. New research finds that many major firms are sending mixed messages on their withdrawal, while reports elsewhere suggest firms including weapons manufacturers continue to evade sanctions.

Negative Screening 52

Negative Screening Divestment Supply Chain Supply Chains 52

Chris Hall

AUGUST 23, 2023

It has completely divested the fast fashion sector over its poor record on sustainability and the payment of decent wages but maintains engagement through PLWF. “We speak through the platform to several supply chain actors,” says Schmidt.

Supply Chain 98

Supply Chain Supply Chains Banking Manufacturing 98

Chris Hall

JANUARY 5, 2024

Electric shock – 2024 looks set to be a competitive and challenging one for Tesla, the pioneering electric vehicle manufacturer, led by Elon Musk, who now also splits his time between social media and space transport and communications interests.

Divestment 75

Divestment Development Digitalization Manufacturing 75

Stanford Social Innovation

JUNE 24, 2024

Manufacturers and local suppliers of more generic chemicals experienced reduced demand and income, reflected in a lower score for these groups. Dashboards and the supporting data provide granular detail about the impact of a venture across the relevant domains of well-being. The assessment also informs portfolio decisions (i.e.

Value Creation 97

Value Creation Divestment Development Climate Change 97

Chris Hall

OCTOBER 4, 2024

Ninety One has been among the first joiners of the World Benchmarking Alliance’s call on asset managers to review their approach to sustainable investing to ensure it does not unintentionally lead to divestment from EMs. He reported that many original equipment manufacturers want to be more vertically integrated.

Development 89

Development Divestment Net Zero Greenwashing 89

Chris Hall

MARCH 30, 2022

In the US, the California Transparency in Supply Chains Act (TSCA) came into effect at the beginning of 2012 and applies to retail sellers and manufacturers that do business in the state of California and whose annual gross revenue exceeds US$100 million.

Supply Chain 98

Supply Chain Supply Chains Manufacturing Corporate Social Responsibility 98

Chris Hall

SEPTEMBER 22, 2022

It contrasted the negative performance against benchmarks resulting from divestment from fossil fuel firms with the positive relative returns achieved by funds not exposed to the sector in Q1 2020. How to exercise greater positive influence. A third possible pitfall is described as “undermining climate objectives”.

Net Zero 52

Net Zero Divestment Greenwashing Manufacturing 52

Chris Hall

OCTOBER 5, 2022

Asset owners are increasingly aware that decarbonsing their portfolios through divestment does not necessarily reduce CO2 emissions in the real world, meaning that many are open to extending or escalating engagement even when progress is frustratingly slow. Impact through stewardship.

Impact Investing 96

Impact Investing Supply Chain Supply Chains Negative Screening 96

Chris Hall

MARCH 25, 2022

Take two car manufacturers, one making its own tyres while the other outsources to a tyre manufacturer. Martindale adds: “That would give us the confidence in investing in a product that seeks to achieve positive change rather than simply divesting from high polluting companies.”.

Paris Agreement 52

Paris Agreement Climate Change Net Zero Supply Chain 52

Chris Hall

MAY 17, 2023

Oil and gas major Shell is under increasing pressure ahead of its annual general meeting (AGM) on 23 May, with asset owners like PGGM and the Church of England Pensions Board announcing their support for a shareholder proposal calling for the company to align its Scope 3 emissions target with the Paris Agreement. Car manufacturer Toyota is facing (..)

Stewardship Code 52

Stewardship Code Net Zero Paris Agreement Divestment 52

Chris Hall

JUNE 23, 2023

Progress and limitations For some focus list companies, the failure to heed engagement efforts by investors to make good on their net zero commitments leaves them open to the threat of divestment.

Net Zero 52

Net Zero Paris Agreement Climate Change Divestment 52

Chris Hall

MAY 19, 2022

To divest or not to divest? Another is establishing the liquidity levels of those investments which enable rapid divestment. Many began the divestment process because of evidence of systematic human rights abuses and corruption led from the very top. However, allocators’ work does not end there. billion (£2.3 billion (£2.3

Divestment 52

Divestment Supply Chain Supply Chains Banking 52

GreenBiz

JULY 22, 2020

From companies looking to select cleaner manufacturing suppliers, to investors seeking to divest from polluting industries, to consumers making choices about which businesses to patronize, one thing is clear: a reliable way to measure where emissions are coming from is necessary," they wrote.

Climate Change 409

Climate Change Manufacturing Divestment Development 409

Chris Hall

MARCH 13, 2024

In November 2022, Dutch pension funds resisted a call to increase investments in weapons manufacturers. Many investors also have weapons-focused exclusions enshrined in their investment policies. Europe’s defence industry has also lobbied hard to persuade officials to consider weapons investment as a sustainable economic activity.

Divestment 139

Divestment Banking Sustainable Investment Manufacturing 139

GreenBiz

MAY 17, 2021

While at Tufts University, from which he received a bachelor’s in international relations and economics, Dowd was involved with the school’s fossil fuels divestment campaign and interned in the Obama White House. Finding herself the only Black person in the student divestment group, everything clicked. "I

Waste 517

Waste Climate Change Supply Chain Supply Chains 517

Renewable Energy World

JULY 7, 2021

Customs and Border Patrol (CBP) issued a Withhold Release Order (WRO) instructing ports of entry to detain shipments containing “silica-based materials” that are “derived from or produced using” product manufactured by Hoshine Silicon Industry Co. or provide evidence demonstrating that the goods were not manufactured with forced labor.

Supply Chain 90

Supply Chain Supply Chains Manufacturing Divestment 90

3BL Media

NOVEMBER 22, 2022

The transaction includes the divestment of Bayer’s West Sacramento Biologics Research & Development site, and its internal discovery and lead optimization platform. Ginkgo has also actively supported a number of COVID-19 response efforts, including K-12 pooled testing, vaccine manufacturing optimization and therapeutics discovery.

Development 130

Development Divestment Manufacturing 130

Edouard Stenger

NOVEMBER 30, 2018

Burning coal emits twice as much carbon dioxide as natural gas and up to 50 times more than solar and wind in their entire lifecycles (manufacturing and recycling included). Ending fossil fuels subsidies and divesting away from coal will put the final nails in the coffin. A moral imperative. Our future can be coal-free.

Divestment 52

Divestment Paris Agreement Waste Banking 52

Steven Mintz

FEBRUARY 14, 2022

Some lawmakers bought stock in remote-work technology, telemedicine companies, pharmaceutical makers currently developing potential vaccines, car manufacturers that have shifted to making ventilators for coronavirus patients, and alcohol producers that started making hand sanitizer during the coronavirus outbreak.

Divestment 98

Divestment Manufacturing Development 98