Remove Net Zero Remove Paris Agreement Remove Stranded Assets Remove Sustainable Investment
article thumbnail

All Systems go for Net Zero

Chris Hall

Now they must wait to see how signatories to the Paris Agreement act on the commitments outlined in the official response to the Global Stocktake, as well as multiple other pledges announced across the two weeks before that final text was signed, sealed and gavelled. Some managers might not cover Scope 3 emissions,” he notes.

article thumbnail

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.

Net Zero 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Phoenix Takes Twin-track Approach Climate Solution

Chris Hall

Mitchell said: “It’s really important that both approaches are taken in the context of sustainable investing. The firm holds an A+ score from the Principles for Responsible Investment investor network, and was one of the founding signatories to the Net Zero Asset Managers initiative.

article thumbnail

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. C alignment requires asset owners to engage with corporate value chains, policymakers and asset managers. . C,” he said.

article thumbnail

Keeping on the Straight and Narrow

Chris Hall

It is a truth universally acknowledged that a company transitioning to net zero greenhouse gas (GHG) emissions by 2050 or sooner is in want of a detailed plan. . How do they translate on a net zero journey? C of global warming promised by signatories of the Paris Agreement. .

article thumbnail

ESG Explainer: Line of Duty

Chris Hall

Policy reform, best practice and legal judgments are redefining the relationship between fiduciary duty and sustainable investment. In late April, the UK High Court ruled that charity trustees can consider climate change factors when making decisions over their investments, even if it means making lower returns.

UNEP 52
article thumbnail

ESG Explainer: The Blue Economy

Chris Hall

trillion annually, has attracted just US$13 billion in sustainable investment during the past decade. This explainer looks at the calls for a ‘sustainable blue economy’ and the role investors can play. We can learn from the Paris Agreement process and move fast on ocean plastics. What is the scale of the problem?

UNEP 98