Corporate Knights

OCTOBER 11, 2022

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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3BL Media

SEPTEMBER 29, 2023

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. trillion USD in fossil fuels.

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Chris Hall

JUNE 13, 2024

At a time when we should be committing to more climate action, we simply do not have any more time to waste promoting the future production of fossil fuels, which is the ultimate cause of the environmental crisis that we are facing.” “I cannot vote for the [Offshore Petroleum Licensing] bill next week.

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Chris Hall

APRIL 14, 2023

The post The “Ripple Effect” of Universal Ownership appeared first on ESG Investor.

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James Militzer

MARCH 2, 2023

C threshold (above pre-industrial levels) stipulated in the Paris Agreement. The University of Michigan Endowment Fund: Divesting from Fossil Fuels (Published 9.9.2020) In September 2019, there were climate change strikes at the University of Michigan.

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Chris Hall

JULY 6, 2022

It emphasised the importance of trustees raising their climate stewardship ambitions by using Paris-alignment metrics to inform their engagement efforts to ensure they are truly contributing to the goals of the Paris Agreement. .

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Edouard Stenger

NOVEMBER 30, 2018

More recently, another study showed it had to be done in OECD nations to comply with the Paris Agreement targets. Ending fossil fuels subsidies and divesting away from coal will put the final nails in the coffin. A 2010 US study showed that stopping burning coal could be done by 2030 with renewables and energy efficiency.

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