3BL Media

SEPTEMBER 29, 2023

times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). 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 trillion USD in fossil fuels.

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

Chris Hall

AUGUST 4, 2023

Patrick Peura , Co-lead of Engagement at the Net Zero Asset Owner Alliance , says coll aborative engagement needs to adapt to survive and thrive. Net zero targets and portfolio decarbonisation have been the test bed for collaborative engagement among asset owners, with encouraging but mixed results. billion (US$4.1

Net Zero 52

Net Zero Climate Change Paris Agreement Divestment 52

GreenBiz

SEPTEMBER 25, 2020

As is their wont, many companies used the occasion to proclaim updated commitments — the buzzword du la semaine was "net-zero" with Walmart declaring a zero-emissions target by 2040 along with a big clean fleet promise and a pledge to "protect, manage or restore" at least 50 million acres of land and 1 million square miles of ocean by 2030.

Paris Agreement 529

Paris Agreement Net Zero Supply Chains Supply Chain 529