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Net Zero Momentum Builds Across Real Estate, Infrastructure Funds

Chris Hall

Around three quarters of real estate fund mangers globally have introduced net zero policies with around half publishing net zero commitments and implementing net zero targets, suggesting a growing alignment of the sector with the goals of the Paris Agreement.

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Climate Action 100+ Net Zero Company Benchmark Shows an Increase in Company Net Zero Commitments, but Much More Urgent Action Is Needed to Align With a 1.5°C Future

3BL Media

DESCRIPTION: While 69% of focus companies have set commitments to achieve net zero emissions by 2050 or sooner, overall Benchmark finds companies have failed to show progress across key indicators, including disclosure of 1.5°C-aligned Alignment of capex strategies with net zero transition goals remains almost non-existent.

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Autumn Release for Canadian Net Zero Benchmark Scores

Chris Hall

The CEC is also considering publishing other alignment assessments on individual sectors to inform engagements where companies might be “falling short” on net zero ambitions, he added.

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Canada’s Pensions Taking Small Steps to Climate Credibility

Chris Hall

However, most funds are moving to adopt a set of tools, processes and reporting structures to consider climate risk across their portfolios and collect better emissions data from portfolio companies. “Most – but not all – of Canada ’s largest pensions have committed to invest in line with a real net zero emissions target,” said Scott.

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Net zero transition – the latest signals of change: May 19, 2023

We Mean Business Coalition

Net Zero Economy As the G7 Summit begins in Japan, a report out this week shows that the wider G20 group has avoided backsliding on climate despite the rush to boost energy security following Russia’s invasion of Ukraine last year. The US has risen up the rankings thanks to the Inflation Reduction Act.

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UN Plastics Treaty: Good for Business and the Planet

3BL Media

Their vision is for this to be legally binding, much like the Paris Agreement to limit global warming. During the talks, Rwanda and Peru submitted a motion to reduce the production of primary plastic polymers worldwide by 40% by 2040, from a 2025 baseline.

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Policymaker Inaction on Climate “Eroding Investor Confidence”

Chris Hall

Investors increasingly unsure what is required to meet Paris Agreement targets. A lack of action by policymakers has caused investor confidence in achieving Paris Agreement goals to wane, according to data from international asset manager Robeco’s 2023 Climate Survey. trillion in AuM.