Corporate Knights

OCTOBER 11, 2022

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. In terms of sustainable capital expenditures, as a whole the 20 companies projected total sustainable investments of $528 billion (all figures in U.S.

Divestment 358

Divestment CDP Stranded Assets Paris Agreement 358

ESG Today

AUGUST 18, 2024

This week in ESG news: Microsoft launches new multi-framework ESG reporting solution; Goldman Sachs exits Climate Action 100+ as political pressure builds; World Bank issues bond with interest linked to reforestation-based carbon removals; GM signs its largest-yet renewable energy deal; Texas expands its divestment list of financial companies “boycotting” (..)

Divestment 124

Divestment Banking Sustainable Investment Decarbonize 124

ESG Today

MARCH 24, 2024

Million to Turn Landfill Waste into Renewable Biofuels ESG Investing Texas Pulls $8.5 Billion From BlackRock Over ESG Investing BlackRock Calls Texas Decision to Divest $8.5 Million to Turn Landfill Waste into Renewable Biofuels ESG Investing Texas Pulls $8.5 Renewables Developer Avantus Renovare Raising $7.5

Supply Chains 111

Supply Chains Supply Chain Green Bonds Decarbonize 111

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

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

Chris Hall

APRIL 1, 2022

The fund was previously under pressure to divest from carbon-intensive oil and gas companies but, like other asset owners, CalSTRS is choosing to engage, with divestment serving as a last resort. . If engagement and voting fails to promote positive change amongst investee companies, NBIM has demonstrated its willingness to divest.

Divestment 52

Divestment Net Zero Climate Change Sustainable Investment 52

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.

Net Zero 89

Net Zero Divestment Supply Chains Supply Chain 89

Sustainability Update

SEPTEMBER 15, 2024

Outdoor clothing giant Patagonia has been a leader in sustainable fashion, using 100% recycled materials for packaging and catalogues and partnering last year with Eastman, an American chemical company, to create sustainable fibers from unusable pre- and post-consumer textile waste.

Waste 40

Waste Divestment Supply Chains Supply Chain 40