Remove 2005 Remove Paris Agreement Remove Stranded Assets
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Advocates urge regulation of banks’ climate commitments to avoid greenwashing

Corporate Knights

The banks ’ climate plans need to be mandatory, subject to enforcement and fully aligned with climate science including a planned phaseout of high-emitting assets, said Andrews. . The more invested they remain in carbon-intensive assets, the greater the risk they face of holding stranded assets that lose value due to the transition.

Banking 361
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ESG Explainer: Line of Duty

Chris Hall

In 2005, a group of investment managers organised under the UN Environment Programme Finance Initiative (UNEP FI) commissioned law firm Freshfields Bruckhaus Deringer to publish a report , ‘A Legal Framework for the Integration of ESG Issues into Institutional Investment’. How does fiduciary duty relate to sustainable investment?

UNEP 52
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Mitigating social impact in a low-carbon Singapore

Eco-Business

The global fight against climate change is gradually gaining momentum, with countries like Canada, China, Germany, India, Japan, and the EU reaffirming commitment to the Paris Agreement, and more than 80 mayors in the US confirming that they will continue with agreed guidelines.