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Reducing overall energy consumption and waste is key to enabling a more sustainable future. . It confirms the material importance of divesting from fossil fuels and decarbonising real estate.” . The EU’s REPowerEU plans need to push further on promoting energy efficiency in the built environment. .
A 2010 US study showed that stopping burning coal could be done by 2030 with renewables and energy efficiency. Ending fossil fuels subsidies and divesting away from coal will put the final nails in the coffin. More recently, another study showed it had to be done in OECD nations to comply with the Paris Agreement targets.
Environmental impact is relatively easy to measure: carbon emissions, deforestation, waste management, and water usage are all tangible factors lending themselves to quantitative assessment. ESHG-minded Investors can leverage their financial power by divesting from companies that aren’t doing healthy business.
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