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Sofidel: “Visionary” Entrepreneurs and Managers

3BL Media

Another entrepreneurial figure distinguished for her commitment to human rights and the environment was Britain’s Anita Roddick (1942 – 2007), founder of The Body Shop cosmetics company in 1976.

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How Finance can help stop climate change: Green bonds

Edouard Stenger

As more and more institutions and people are divesting from fossil fuels globally, climate responsible finance is booming. Part of this revolution is the meteoritic growth of green bonds, which were started in 2007 by the World Bank and the European Investment Bank. Water and Waste make up 14 and six percent, respectively.

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Investors Can Calm Troubled Waters

Chris Hall

The 2007-09 financial crisis prompted several emergency changes to the structures, which reduced some risks – but also created new ones in the process. While that was the original aim, the industry subsequently went through a period that saw the utilities taken over and financially restructured to create short-term gains for shareholders.

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Exxon Exits: After the Storm

Chris Hall

A 2020 Carbon Tracker report outlined how Exxon’s shareholder returns deteriorated between 2007-14, with shareholders losing money between 2014-19, due to the company betting on “high cost, low return” and unsustainable assets in its portfolio of future development projects, including heavy oil and liquified natural gas (LNG).

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A Green Future Built on Solid Foundations

Chris Hall

It confirms the material importance of divesting from fossil fuels and decarbonising real estate.” . compared to 2007 levels by 2030. It was first revised in 2018, requiring all member states to develop long-term building renovation strategies mapping out interim targets towards an 80-95% reduction in emissions by 2050. .

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Killing King Coal is the First Step Towards Halving Our Emissions

Edouard Stenger

Think about our old incandescent lightbulbs, old houses and gaz guzzlers… The EU is already consuming less energy than in 1990 despite almost three decades of economic growth, while in the US since 2007, energy consumption has decreased by 3.6% while GDP grew too. Our future can be coal-free.

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The COVID-19 Pandemic Throws Oil and Coal Industries in a Tailspin

Edouard Stenger

We are nowhere near the end of this pandemic and it will be an ongoing situation until a vaccine is developed or effective cures and drugs are discovered. Additionally, divestment campaigns and the fear of stranded assets have become each new year more pressing. Renewables are also more resilient, cleaner and more popular among voters.