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Is the LNG industry gaslighting the path to net-zero?

Corporate Knights

Ottawa is currently developing a transition taxonomy – essentially a guideline as to which types of investments are appropriate in the transition to a net-zero economy. However, natural gas still produces CO2 emissions and expanding supply and demand is inconsistent with net-zero plans.

Net Zero 360
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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. Financial institutions have a major role to play in decarbonising the economy toward net zero over the coming three decades.

Net Zero 147
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Canada is sleeping on the energy transition

Corporate Knights

Although we’ve promised to introduce a cap on energy sector emissions, this cap will not address Scope 3 emissions (those up and down a company’s supply chain), which account for around 88% of total emissions from the oil and gas industry.

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The Largest U.S. Pension Fund Just Rolled Out a Climate Transition Plan Focused on Risk and Opportunity

3BL Media

This step, which doubles down on the pension fund’s climate investing plans for the next seven years, underpins the comprehensive strategy that CalPERS laid out for achieving its goal of cutting emissions from its portfolio investments to net zero by 2050 while assuring long-term financial results for its pensioners.

Net Zero 147
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ICYMI, Big Oil is Facing Some Big Questions

Chris Hall

If you’re struggling to work out whether big oil is serious about reducing carbon emissions in line with net zero 2050 targets, you’re in good company. Scope 3 is set to be the big issue beyond the energy sector this year, as shareholders and regulators seek greater clarity along the corporate supply chain.

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The High Cost of Climate Inaction

3BL Media

The financial system is increasingly seen as crucial to averting such a scenario – not only to shift toward green investments, like renewable energy, but also to reallocate capital from fossil fuel-related investments to be consistent with net-zero goals. Today, we need three to six times more investment to maintain a livable climate.

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Creativity and Collaboration Vital to Finance Nature

Chris Hall

For example, Brazilian meatpacker JBS has set science-based climate targets and are aiming to have full supply chain traceability by 2025. With only seven years left to halve global emissions and halt and reverse biodiversity loss, we can’t wait for new technologies to step into play – we have to get to net zero with what we have.