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The biggest carbon losers

Corporate Knights

Yet the pace and scale of their reductions is in the realm of what every company and country must do by 2030 to keep the faith of the Paris Agreement. But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic.

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Divestment Doesn’t Close Door on Engagement

Chris Hall

Role of active stewardship across environmental and social themes emphasised at ESG Risk & Investment Asia 2022. . An investor’s decision to divest “doesn’t mean an end to all ESG-focused engagement with that company”, according to Eric Nietsch, Head of Sustainable Investing for Asia at Manulife Investment Management. .

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Engagement Alone Unable to Resolve Energy Impasse – PME

Chris Hall

Pension fund makes case for divestment, against backdrop of increasingly positive climate policy across major markets. Eight years since the Paris Agreement was adopted, the energy transition remains “stuck”, according to Spaargaren.

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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 Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

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Engaging with the Real Economy is the Key to Paris Alignment

Chris Hall

Aligning investment portfolios with the goals of the Paris Agreement requires engagement with the real economy, said Claudia Bolli, Head of Responsible Investing, Swiss Re. This year we have seen across industries many more shareholder resolutions on Paris being accepted or voted for.” . Collaborative mindset .

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How Institutional Investors Can Be Involved in Climate Actions

Chris Hall

Article 9 funds are considered the most sustainable, requiring portfolios with 100 per cent sustainable investments. The advantages of Article 9 funds lie in their ability to provide clear signals to investors regarding their commitment to sustainability.

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An Integrated Transition

Chris Hall

For example, an asset manager may have a limited carbon footprint and can appear to be on track to net zero by divesting its high-carbon assets, however such action is effectively passing the problem onto someone else. Some companies may also need to tap into some form of government support.