Corporate Knights

DECEMBER 9, 2022

The clean energy transition is happening faster than predicted, with renewable deployment rates growing in line with the International Energy Agency’s scenario for reaching net-zero by 2050. While Canadian energy majors have paid lip service to the idea of becoming “net-zero,” their current climate strategies amount to delay tactics.

Stranded Assets 293

Stranded Assets Net Zero Supply Chains Supply Chain 293

Corporate Knights

MARCH 20, 2023

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” But some meeting participants warned that those delays are baked into the process by some of the key assumptions in the IPCC’s modelling. Overshooting 1.5°C

Climate Change 282

Climate Change Stranded Assets Decarbonize Paris Agreement 282

Chris Hall

MARCH 4, 2022

Almost overnight, Vladimir Putin pulled off something investors have been struggling to achieve since 2015: decarbonising the business models of oil and gas majors. But will the energy giants diversify from or double down on fossil fuels in response to inevitable write-offs on stranded assets?

Divestment 52

Divestment Stranded Assets Net Zero Climate Change 52

3BL Media

SEPTEMBER 29, 2023

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 South Pole can help you navigate the existing framework as well as the new net zero guidance (FINZ) which will replace it in Q4 2023.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

Chris Hall

SEPTEMBER 13, 2023

The UK’s net zero transition depends on huge amounts of private capital that can only be unlocked through climate policy certainty. Investing in the development of onshore wind has also been a challenge, thanks to planning laws introduced in 2015 which allow one objection from a local resident to halt an entire onshore wind project.

Net Zero 89

Net Zero Climate Change Stranded Assets Green Investing 89

Corporate Knights

JUNE 19, 2024

For the FNMPC, that equity should come as broadly as possible – including through the inclusion of Indigenous communities in the development of a greener grid that enables Canada to reach net-zero. That’s why Julia Levin, associate director of Environmental Defence, is wary of the federal government’s “sector-agnostic” loan guarantee.

Stranded Assets 176

Stranded Assets Net Zero Development Banking 176

Chris Hall

JANUARY 30, 2024

“Investors often underestimate indirect legal risks despite the financial toll of lawsuits against investee companies,” Clarke said. The claim, for £36 billion (US$44 billion), could have a major impact on the firm’s share price, a knock-on effect on investors, and potentially set a precedent for future litigation.

Greenwashing 80

Greenwashing Stranded Assets Net Zero Banking 80