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Time for a fair phase out of fossil fuels

Corporate Knights

Divestment from fossil fuels is accelerating around the world. Besides dozens of universities (including Harvard and the University of Toronto), the divestment list now includes France’s Banque Postale, the State of New York, and Europe’s largest pension, ABP. The markets alone cannot ensure this happens in a fast and equitable way.

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Engagement with Consequences

Chris Hall

Over the past decade, many asset owners have made divestments out of fossil fuels. In fact, the total value of the institutions divesting is estimated to be US$40.5 trillion, according to data provided by the Global Fossil Fuel Divestment Commitments Database.

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EU Policy, Investments Must Drive Energy Efficiency in Buildings

Chris Hall

Do they divest so the poorly performing assets are no longer on their books? There are “better and better tools” to help investors measure the energy efficiency and decarbonisation of their real estate assets, said WBCSD’s Hunziker, but it is difficult for investors to know how to act on the data. . “Do Hunziker said. .

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The Energy Trilemma: Affordability, Security and Climate

Chris Hall

Yet, as the latest United Nations Environment Programme’s (UNEP) annual gap report shows, policies currently in place point to a 2.8°C That does not mean divesting to ensure the portfolio looks good in the quarterly report.

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