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The Climate Blockers: BASF quietly lobbies against strong climate policy while talking a big game

Corporate Knights

But in the blistering summer of 2018, there was nothing celebratory about the Rhine. The shrivelled Rhine of 2018 became a harbinger of the devastating impact that climate change will have on the backbone of the German economy. German industry, which uses the Rhine as a transportation lifeline, also suffered.

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

A stark choice between climate stability and global devastation is the constant drumbeat from a landmark report released today by the Intergovernmental Panel on Climate Change (IPCC). Already, “widespread and rapid changes in the atmosphere, ocean, cryosphere , and biosphere have occurred,” the report says.

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AB: ESG in Action - The Human Touch in Interpreting Climate Scenario Analysis

3BL Media

DESCRIPTION: ESG in Action As climate change intensifies, so do the physical and transition risks to industries and companies. But how do investors quantify those changes? Historically, they’ve measured a portfolio’s climate impact based on its carbon footprint or weighted average carbon intensity. By Sara Rosner.

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Their land, their call: When economic reconciliation and climate justice conflict

Corporate Knights

Those current climate projections prompted world leaders at the last UN climate summit, COP28 in Dubai, to agree to “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner” to avoid the worst of climate change. But carbon capture remains unproven and expensive – a $2.4-billion

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

increase in 2021, the Canadian Climate Institute reported in February). The announcement also connects to an international initiative under which Canada and Argentina launched a peer review of each other’s fossil fuel subsidies in 2018. That work was meant to conclude by 2020. Carbon Capture Backed by Carbon Offsets?

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All Systems go for Net Zero

Chris Hall

Rasmussen expects the scheme to meet its target – self-imposed, but in line with the protocol set by the Net Zero Asset Owner Alliance (NZAOA) – to reduce greenhouse gas (GHG) emissions from its listed equities and corporate bonds by 45% by the end of 2024, from a 2018 base.

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ESG Explainer: The Blue Economy

Chris Hall

Launched in 2018, they act as a global guiding framework for banks, insurers and investors. This means that businesses that use or generate renewable resources, preserve marine ecosystems, reduce pollution and increase resilience to climate change will be incentivised, while others will need to reduce their environmental footprint,” it said.

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