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The biggest carbon losers

Corporate Knights

Yet the pace and scale of their reductions is in the realm of what every company and country must do by 2030 to keep the faith of the Paris Agreement. But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic.

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Four key lessons from the world’s top responsible investors

Corporate Knights

Engagement and divestment both have a role to play The engagement versus divestment debate has been ongoing in the investor community. Studies have shown that divesting really works, both to cause the stock prices of climate-damaging stocks to fall and to create additional financial value.

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Are lawyers and accountants doing enough on climate change?

GreenBiz

The study analyzed litigation, transactional and lobbying work conducted from 2015 to 2019. health insurers are all invested in the fossil fuel industry" and will call on insurers to divest from these companies, calling them "the greatest threat to human health.". supported $1.316 trillion in transactions for the fossil fuel industry.

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Engagement Alone Unable to Resolve Energy Impasse – PME

Chris Hall

Pension fund makes case for divestment, against backdrop of increasingly positive climate policy across major markets. Eight years since the Paris Agreement was adopted, the energy transition remains “stuck”, according to Spaargaren.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 They can also divest from high-emitting industries such as thermal coal production. trillion USD in fossil fuels.

Net Zero 113
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Take Five: IPCC Chair Issues Spoiler Alert

Chris Hall

The last act of the IPCC’s Sixth Assessment Cycle, which started in 2015, the summary will outline our progress, or otherwise, in fulfilling the obligations of the Paris Agreement. In Canada and Europe, the emphasis is on transition.

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Now or Never

Chris Hall

In June, the Church of England Pensions Board (CoEPB) and Church Commissioners announced that they will divest from oil and gas firms for failing to align with climate goals. However, individual, specific, and isolated divestments do not make a significant difference due to the abundance of liquidity in the market. billion (US$13.2