Chris Hall

MAY 10, 2024

The Rathbones team brainstormed about what could be done and, in 2019, worked with the Office of the Independent Anti-Slavery Commissioner to challenge three FTSE 350 companies that had failed to meet the reporting requirements of s54. “We Divestment has been a recurring theme across Crossman’s two-decade career.

Stewardship Code 85

Stewardship Code Divestment Net Zero Development 85

3BL Media

SEPTEMBER 29, 2023

For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8 They can also divest from high-emitting industries such as thermal coal production. CDP found that these financed emissions are on average approximately 700 times higher than the organisation's operational emissions.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

3BL Media

APRIL 19, 2022

This step will help you identify the riskiest physical locations and products to divest from and access public incentives. You can also divest from risky assets and manage risk within the supply chain. In 2019, Jack Henry & Associates established a cross-functional team to publish a sustainability report.

Divestment 130

Divestment Development Climate Change Supply Chains 130

Chris Hall

JANUARY 20, 2023

Over the past decade, many asset owners have made divestments out of fossil fuels. In fact, the total value of the institutions divesting is estimated to be US$40.5 trillion, according to data provided by the Global Fossil Fuel Divestment Commitments Database.

Divestment 52

Divestment Paris Agreement UNEP Net Zero 52

Chris Hall

FEBRUARY 16, 2022

Canadian pension fund to eschew “blanket divestment”, emphasising role as “active investor and influencer”. Blanket divestment is not the best way to maximise returns without undue risk of loss. And it isn’t the way that we as active investors have maximised our returns over time.”.

Net Zero 52

Net Zero Divestment Climate Change Chief Sustainability Officer 52

Good.is: Planet

NOVEMBER 17, 2021

Business Roundtable redefining the purpose of a corporation to benefit all stakeholders, not just shareholders, in 2019. Harvard finally announcing their divestment from fossil fuels (after years of pressure from outside groups) earlier this year.

Impact Investing 58

Impact Investing Divestment 58

Chris Hall

JUNE 13, 2024

Unlike many other countries, the UK has targets that are legally binding under the Climate Change Act 2008 (2050 Target Amendment) Order 2019 – which Skidmore, in his former capacity of interim minister of state for energy and clean growth, signed into law in June 2019.

Net Zero 89

Net Zero Divestment Supply Chains Supply Chain 89

Chris Hall

NOVEMBER 4, 2022

For instance, Illinois enacted the Illinois Sustainable Investing Act in 2019. Other states have passed or introduced legislation designed to divest from industries like fossil fuels. ESG states has passed or introduced laws requiring divestment from companies that “boycott” the fossil fuel industry. A second group of anti?ESG

Divestment 52

Divestment Paris Agreement Sustainable Investment Climate Change 52

Chris Hall

FEBRUARY 22, 2024

In 2023, its asset manager, Norges Bank Investment Management (NBIM), divested from one company due to “elevated risk of aggressive tax planning”. “The world is on the verge of an explosion of corporate tax transparency,” said Monaghan at the Fair Tax Foundation.

Divestment 78

Divestment Banking Development 78

3BL Media

MAY 17, 2022

Since joining the Race to Zero in 2019, Vodafone has expanded its commitment to net-zero for its own operations by 2030 to include the elimination of all Scope 3 emissions by 2040. This is why we have defined a more ambitious strategy to reduce CO2 emissions by 2030 and to deliver net-zero CO2 concrete by 2050.”.

Net Zero 130

Net Zero Zero Carbon Climate Change Greenhouse Gas Protocol 130

Eco-Business

DECEMBER 30, 2019

But the good news is, many are working hard to plant trees, cut emissions and divest from coal, stirring up hope that the climate change fight may not yet be lost. The world is teetering on the edge of climate tipping points.

Divestment 19

Divestment Climate Change 19

Chris Hall

SEPTEMBER 6, 2024

percentage points from 2019 to 2022, and has remained flat since. Those undecided between maintaining dialogue and divesting – on financial or ethical grounds – might benefit from reading a new analysis commissioned by UK asset owner Border to Coast. The portion of total income earned by and paid to workers fell by 0.6

Divestment 80

Divestment Net Zero Climate Change Banking 80

Chris Hall

SEPTEMBER 27, 2024

The concept of assessing what effective stewardship should look like was first introduced by the FCA in 2019 in a joint effort with the Financial Reporting Council (FRC), setting the groundwork which helped define what the minimum expectations should be for financial services firms investing on behalf of clients and beneficiaries.

Net Zero 59

Net Zero Stewardship Code Value Creation Divestment 59

Chris Hall

AUGUST 8, 2024

Divest or wind down? By 2035, it has committed to halve its Scope 1, 2, and 3 emissions from a 2019 baseline, with goals to hit net zero by 2050. The company said it would continue the “responsible decline of its thermal coal operations over time”. For a carbon-intensive business, Glencore has relatively ambitious climate targets.

Stranded Assets 52

Stranded Assets Divestment Greenwashing Paris Agreement 52

Chris Hall

SEPTEMBER 21, 2022

A 2050 net zero target will be set for the unlisted real estate portfolio, with an interim target to cut Scope 1 and 2 emissions intensity by 40% by 2030 compared to 2019 levels. . Last year, NBIM said financed emissions from its equities portfolio had halved in the past seven years. .

Net Zero 52

Net Zero Climate Change Carbon Offsets Divestment 52

Stanford Social Innovation

JULY 31, 2023

Targeting Adolescents Over the 2010s, the number of youth-organizing groups in California grew from 10-15 in 2010 to 171 by 2019. Drawing from both research and lived experience, we discuss what makes youth organizing groups successful in building the power to influence policy making and brighten the futures of young people of color.

Divestment 98

Divestment Development 98

Chris Hall

JUNE 14, 2023

Between 2007 and 2019, Exxon delivered less than 1% in shareholder returns (capital gains and dividends) per annum, around 10% in total over the 12-year period, the report noted. This slashes portfolio emissions and sends a strong signal to oil and gas firms about the financial consequences of failing to set out credible transition plans.

Net Zero 52

Net Zero Divestment Climate Change Sustainable Investment 52

Chris Hall

OCTOBER 12, 2022

Newton reported that engagement is once again the most popular way of considering ESG factors – chosen by 59% of charities, compared to only 27% that prefer divestment. For context, 2019’s survey had 68% of charities viewing climate change as a responsibility. Engagement to the fore.

Divestment 52

Divestment Impact Investing Climate Change Net Zero 52

Chris Hall

MARCH 13, 2023

investment and/or divestment) Non-financial engagement (e.g., We’ve been banging the drum on this since 2019, sharing our impact rating tool with other investors. providing guidance or technical assistance to portfolio companies) Choice of investment structures (e.g.,

Impact Investing 52

Impact Investing Divestment Development 52

Chris Hall

APRIL 14, 2023

For Sydstrand, the energy transition is too complex and multifaceted to simply divest its holdings in the oil and gas sector, but acknowledges that a fundamental question remains: What do we do with these assets that are likely to become stranded?

Net Zero 52

Net Zero Paris Agreement Divestment Global Economy 52

Chris Hall

JULY 7, 2023

A leaked memo showed the UK government would have to spend more than 80% of its foreign aid budget to meet a 2019 commitment to double international climate finance to £11.6 There was further evidence this week of richer nations falling behind on climate finance.

Net Zero 52

Net Zero Shipping Development Divestment 52

Chris Hall

SEPTEMBER 22, 2022

In his analysis, Roc-Sennett went on to look at how inflation could distort the record of firms moving to a 50% cut in emissions by 2030, compared with 2019, and to net zero by 2050, focusing on the Standard & Poor’s 500 and the MSCI Emerging Market (MSCI EM) index. “On and the UK rate at 9.9%. How to exercise greater positive influence.

Net Zero 52

Net Zero Divestment Greenwashing Manufacturing 52

James Militzer

MARCH 2, 2023

The University of Michigan Endowment Fund: Divesting from Fossil Fuels (Published 9.9.2020) In September 2019, there were climate change strikes at the University of Michigan.

Supply Chains 98

Supply Chains Supply Chain Climate Change Development 98

Edouard Stenger

DECEMBER 30, 2020

Additionally, divestment campaigns and the fear of stranded assets have become each new year more pressing. In 2019, coal use fell by 21.7% While both have been the bedrocks of modern civilization, their status had been increasingly under threat as cheaper and better alternatives reached markets.

Stranded Assets 59

Stranded Assets Divestment Development Global Economy 59

Renewable Energy World

APRIL 22, 2021

Congress between 2015 and 2019. The fossil fuel divestment movement led by Bill McKibben’s 350.org The dual papers now made it easier for policy makers to push the 100% WWS model forward. Over eight bills focusing on the expansion of clean energy, including the Green New Deal, were introduced in the U.S.

Climate Change 101

Climate Change Divestment Academics Development 101

Chris Hall

MAY 9, 2023

Manning said the question of “perceived barriers” to collaboration had been raised previously, in feedback to the FCA’s discussion paper on stewardship regulation, jointly published with the Financial Reporting Council (FRC) in 2019, and since. “It

Stewardship Code 52

Stewardship Code Net Zero Sustainable Investment Divestment 52

Chris Hall

OCTOBER 7, 2022

If divesting from harmful industries, communicate this publicly. In the aforementioned study on material ESG engagements, the success rate was just 20%, and in a study by Krueger, Sautner and Starks (2019) , only one in four respondents reported successful climate engagements. Collaboration as an enabler.

Stewardship Code 52

Stewardship Code Academics Divestment Greenwashing 52

Chris Hall

MARCH 30, 2022

Divestment was the least selected due diligence action by both business and general respondents. trillion in assets under management – in 2019 to coordinate the response of the investment community on the issue and to provide the accountability for compliance with the UK Modern Slavery Act.

Supply Chain 98

Supply Chain Supply Chains Manufacturing Corporate Social Responsibility 98

Chris Hall

JUNE 29, 2023

In 2021, rebounding fossil fuel prices had already lifted fossil fuel consumption subsidies to US$532 billion, roughly 20% above 2019’s pre-pandemic levels. Research by the UK Climate Change Committee (CCC) found that the UK’s policy response to the energy crisis has not matched the response of the US and the EU in scale or ambition.

Net Zero 52

Net Zero Climate Change Development Green Investing 52

Chris Hall

MARCH 23, 2022

During the 2019-2020 Australian bushfires, more than 24 million hectares of land was burnt and 33 people died, followed by a further 450 fatalities from illnesses linked to smoke inhalation. Despite suffering severe impacts from climate change, Australia remains married to coal, but alternative energy opportunities are emerging.

Net Zero 52

Net Zero Climate Change COP26 Climate Action Tracker 52

3BL Media

FEBRUARY 21, 2024

The new expenditure into Gironcourt will increase the total investment into the site to almost €120 million since 2019 when O-I established an all-new third furnace in Gironcourt. Since the 2019 investment, waste heat from glass packaging production has been recovered to be used in domestic homes in the local community.

Supply Chains 162

Supply Chains Supply Chain Divestment Development 162

3BL Media

AUGUST 24, 2022

California required SCE and other investorowned utilities to divest the majority of their generation assets beginning in the late 1990s in order to promote competitive energy pricing. Among other things, SCE divested from and terminated all contracts with coal-burning resources and, since 2015, has had no coal in its specified portfolio.

Climate Change 130

Climate Change Net Zero Divestment Decarbonize 130

Corporate Knights

JANUARY 10, 2024

Those of us who invested in 2019 or earlier are still doing well, but I feel terrible for people who jumped on the green energy bandwagon in 2020. Divestment is different from ESG, which is different from impact investing. It launched in May 2022 but failed to attract investors and closed, or “de-listed,” in June 2023.

Sustainable Investment 330

Sustainable Investment Divestment Negative Screening Greenwashing 330

Chris Hall

APRIL 2, 2025

Investors have doubled down on avoiding divestment from oil and gas companies to ensure they follow through on climate commitments, despite firms becoming tougher to engage with. The investor said that this divestment, seen as a last resort, was due to the rolling back of Equinors climate transition efforts.

Divestment 69

Divestment Paris Agreement 69

Chris Hall

MARCH 25, 2022

Once trustees start to consider target setting, it would seem logical to align with the Paris Agreement and set interim targets based on emissions reduction by 2030 from 2019 levels. Martindale says that recognition of the need for severe emissions cuts by 2030 may encourage pension funds to move beyond net zero 2050 targets.

Paris Agreement 52

Paris Agreement Climate Change Net Zero Supply Chains 52

Chris Hall

MAY 19, 2023

billion in AuM – informed Kentucky State Treasurer Allison Ball and Attorney General Daniel Cameron that it would not divest, as instructed, from asset managers, including BlackRock, as it would violate its fiduciary duty.

Value Creation 52

Value Creation Divestment Banking Development 52

Corporate Knights

FEBRUARY 7, 2025

Energy stocks lagged in 2024, which benefitedinvestors who have divested from fossil fuels. Created on September 12, 2019, and managed by CI Global Asset Management, this fund tracks the MSCI World ESG Select Impact ex Fossil Fuels Index. The energy sector didnt do any favours for sustainable investors in 2024, however.

Divestment 146

Divestment Net Zero Banking Manufacturing 146