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Deloitte: Policy Action, Investment in Workforce Required to Tap $43 Trillion Net Zero Transition Opportunity

ESG Today

The new Deloitte Center for Sustainable Progress report, “Work toward net zero: The rise of the Green Collar workforce in a just transition,” presents a detailed look at the impacts of decarbonization, with a particular focus on the workforce., ” Click here to access the Deloitte report.

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UNFCCC Tightens the Screw on Net Zero

Chris Hall

The proposed solution for net zero targets and progress aims to improve transparency and accountability, but will need to consider existing guidance. But there is still room for hope that net zero commitments – and subsequent progress on decarbonisation – can be transparent, aligned and ambitious.

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At COP28, Influential Investors, Companies, and Policymakers To Call for Greater Global Ambition and Accelerated Action To Limit Temperature Rise and Achieve a Net Zero Economy

3BL Media

While investors and companies are already setting net zero targets, laying out transition plans, and engaging with governments, more needs to be done to reduce methane emissions and reverse nature loss and water degradation across key sectors. COP28 presents an opportunity to raise our global ambition and action.

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Bloomberg To Host Transition Finance Action Forum on September 19 in New York City

3BL Media

The Forum will bring together leaders across the private and public sectors to recognize progress made on transition finance and accelerate further action in support of a global net-zero economic transition. The event will be held from 3:30pm ET at The Plaza Hotel in New York City.

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CalSTRS Pledges to Cut GHG Emissions of $300 Billion Portfolio in Half by 2030

ESG Today

The new commitment follows the establishment last year by CalSTRS of a target to achieve a net zero emissions portfolio by 2050, and forms part of its newly implemented “total fund plan,” which recognizes that “climate change presents material risks to all sectors of the global economy and all asset classes.”.

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CalPERS Commits to Invest $100 Billion in Climate Solutions by 2030

ESG Today

announced the launch of its new Sustainable Investments 2030 Strategy, aimed at accelerating its transition to a net zero emissions portfolio, and including a new pledge to invest $100 billion in climate solutions by 2030.

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Is one of Canada’s largest pension funds quietly divesting from fossil fuels?

Corporate Knights

As the burning of fossil fuels presents us with yet another summer of catastrophic impacts, the pressure is growing for institutional investors to either phase out their oil, gas and coal and pipeline assets or explain how they’re aligned with a safe retirement future for pension members like us. All are OMERS plan members. .