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Large asset managers lagging on net-zero targets

Corporate Knights

As the warming climate drives up temperatures and ignites wildfires across many parts of the globe this summer, a new study shows some of the world’s largest asset management companies have some of the smallest net-zero targets for their portfolios. . trillion in assets, came last at 4% net-zero assets under management.

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Cracks showing in Mark Carney’s net-zero financial alliance

Corporate Knights

Mark Carney’s US$130-trillion Glasgow Financial Alliance for Net Zero (GFANZ) has lost two pension funds and a consulting company in recent weeks, and some large U.S. and Canadian banks and large investment managers. . He writes on sustainable business and finance. Former U.S.

Net Zero 359
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Prologis Commits to Net Zero Emissions by 2040

3BL Media

DESCRIPTION: Sets interim targets of 1 GW solar by 2025 and net zero for operations by 2030. SAN FRANCISCO, June 22, 2022 /3BL Media/ - Prologis (NYSE: PLD), the global leader in logistics real estate, today announced its commitment to achieve net zero emissions across its value chain by 2040.

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UK Launches Department for Energy Security and Net Zero

ESG Today

The UK government launched a new Department for Energy Security and Net Zero today, focused on ensuring near- and long-term energy supply, as well as on keeping the UK on track to meet its climate commitments. Delighted to become the first Secretary of State for the new Department for Energy Security & Net Zero.

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Canada is falling behind in global race to attract sustainable investments: Guilbeault

Corporate Knights

Canada is lagging in its efforts to drive private capital into sustainable investments to finance solutions on climate change and other environmental challenges. Freeland was attending the Sustainable Finance Forum, which was organized by Liberal MP Ryan Turnbull and featured a half dozen of her cabinet colleagues.

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64% of Institutional Investors Say Financial Returns is Top Driver for Sustainable Investing: Schroders

ESG Today

Among the survey respondents, half reported that they have set net zero GHG emissions goals for their portfolios, including 39% targeting net zero by 2050, with another 30% either having some emissions reduction goal, or in the process of drafting plans to do so.

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All Systems go for Net Zero

Chris Hall

C, and investee companies are not yet facing full scrutiny of their net zero transition strategies, posing challenges for institutional investors committed to decarbonising their portfolios in line with the Paris Agreement. Others might set a target for some or all portfolio companies to be net zero aligned by 2030.